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Documents related to » maintenance cost reduction


Continuous Improvement Offers CMMS Maintenance Benefits
Computer maintenance management system (CMMS) packages are excellent tools for collecting, analyzing, and reporting data and can offer insight into a process

maintenance cost reduction  for using more experienced maintenance personnel or even contracted specialists. The CMMS could also be used to check supplier history to uncover any problems with the quality of spare parts. The same holds true for the process of receiving, storing and issuing inventory items. Cost reduction The third key driver of a continuous improvement program is cost reduction through productivity gains. The CMMS can report on areas of high cost and drill down to the supporting cost detail, especially if Read More
Lean Maintenance: Best Practices to Turn Asset Management into a Profit Center
It’s common knowledge that asset downtime disrupts production and drives up both process and per-unit operating costs. However, executives often lose sight of

maintenance cost reduction  an effort to view maintenance as a positive activity, it is important to see it as a profit center instead of a cost center. A cost-center approach is strictly concerned with adhering to the budget and decreasing expenses as much as possible. In contrast, the profit-center model realizes that investment and operating costs can be allocated to improve efficiency. This increased efficiency naturally results in higher profits. One of the most popular buzz-words in business today is lean. This term Read More
Lean Asset Management--Is Preventive Maintenance Anti-Lean?
How can we determine the right maintenance strategy for a specific asset? To meet the objectives of lean, we need to evaluate the cost of failure in terms of

maintenance cost reduction  proactive and accept more maintenance cost in order to insure that the asset will not fail. Here, a time-based preventive maintenance strategy works well. If both the cost of failure and the cost of maintenance are high, we need to use RCM concepts and manage the health of the asset to avoid failures while minimizing the maintenance cost. Reliability software enables us to manage asset health effectively and efficiently (lean), monitoring the condition of assets using a combination of time based Read More
An Integrated Maintenance and Logistics Solution for Defense
Today’s defense industry needs maintenance and logistics software that increases the self-sustainability of weapons systems and allows system operators to

maintenance cost reduction  weapons systems Automating paper-based maintenance processes Linking the platform/mechanic to the supply chain (real-time access to relevant weapon systems information) Reducing the total lifecycle cost of the platform Reduction in incorrect part orders Providing increased readiness without increasing headcount Enigma’s Integrated Maintenance/Logistics (E-IML) solution is more than the traditional Interactive Electronic Technical Manual (IETM) . Based on the acclaimed Enigma 3C® Platform, the E-IML Read More
Supply Chain Cost-cutting Strategies
Process industries (chemicals, food and beverage, oil and gas, etc.) face rising manufacturing and logistics costs. And they’re finding that the old strategies

maintenance cost reduction  cost cutting | cost maintenance cost cutting | cost method cost cutting | cost price cost cutting | cost productivity cost cutting | cost rates cost cutting | cost reduction cost cutting | cost report cost cutting | cost savings cost cutting | cost study cost cutting | technology strategy cost cutting | total cost cost cutting | unit cost cost cutting | value strategy cost cutting | variable cost cost cutting | cost value cost cutting | cutting equipment cost cutting | define supply cost cutting | demand Read More
Whirlpool Selects aPriori for Product Cost Management
Whirlpool Corporation, a world renowned manufacturer of major home appliances, recently announced it would use aPriori to automate its product cost estimating

maintenance cost reduction  Selects aPriori for Product Cost Management Whirlpool Corporation , a world renowned manufacturer of major home appliances, recently announced it would use aPriori to automate its product cost estimating processes , drive global consistency in costing practices, and provide a central cost management database for use by cross functional product development teams. Using aPriori’s real-time product cost assessments, employees in design, engineering, sourcing, cost engineering, and manufacturing Read More
State of the Art in TCO: Managing the Total Cost of Ownership
Total cost of ownership (TCO) is one of the most difficult metrics to benchmark. Even when using the clearest of metrics, companies often obtain inadequate

maintenance cost reduction  of the Art in TCO: Managing the Total Cost of Ownership Total cost of ownership (TCO) is one of the most difficult metrics to benchmark. Even when using the clearest of metrics, companies often obtain inadequate results. Instead of thinking solely about how to calculate and reduce TCO, companies should think about how to manage TCO from a business perspective, in order to leverage solid, results-oriented decisions about IT solutions. Read More
Collaborative Asset Maintenance Strategies-Redefining the Roles of Product Manufacturers and Operators in the Service Chain
In asset-intensive industries, the reliability of capital assets is essential to success. Maintenance of these assets can dramatically impact the overall

maintenance cost reduction  Asset Maintenance Strategies-Redefining the Roles of Product Manufacturers and Operators in the Service Chain In asset-intensive industries, the reliability of capital assets is essential to success. Maintenance of these assets can dramatically impact the overall performance and useful life of an asset. Accordingly, asset owner–operators and asset service providers are continually trying to improve their maintenance practices—which is why they’re deploying key strategies and Read More
Inventory Reduction: Effectively Turning Excess Into Cash
In virtually all manufacturing companies, there is a direct correlation between inventory levels and overall business performance. In fact, CEO''s and CFO''s

maintenance cost reduction  Inventory Reduction,inventory planning,control system,inventory investment,Excess Inventory,inventory turnover,inventory planning processes,effective monitoring,Rapid Inventory Reduction,Inventory Quality Ratio,iqr logic,Rapid Inventory Reduction Methodology,inventory reduction benefits,inventory reduction methods,reducing inventory Read More
Leaner Maintenance Management with Control Systems Integrated CMMS
Maintenance managers play a critical role in an organization looking to optimize operations efficiencies. This paper discusses the benefits of interoperating

maintenance cost reduction  Maintenance Management with Control Systems Integrated CMMS Maintenance managers play a critical role in an organization looking to optimize operations efficiencies. This paper discusses the benefits of interoperating between computerized maintenance management systems (CMMS) and control systems, and presents potential options on how to accomplish varying levels of integration. Read More
7 Essential Steps to Security Risk Reduction
As management visionary and author Peter Drucker once said, “You can’t manage what you can’t measure.” No statement rings truer@especially when it comes to

maintenance cost reduction  risk manangement,risk management software,security systems,security manangement,security risk reduction,security improvement,qualysguard Read More
Asset Management: The Changing Landscape of Predictive Maintenance
Uncertainty around an economic recovery is keeping capital and operational budgets tight. Companies are now using specific capabilities to predict asset failure

maintenance cost reduction  Changing Landscape of Predictive Maintenance Uncertainty around an economic recovery is keeping capital and operational budgets tight. Companies are now using specific capabilities to predict asset failure in order to avoid costly downtime and reduce maintenance costs. Learn how, with this Analyst Insight report from Aberdeen Research. Read More
Eagle Technology
Eagle Technology, Inc. was founded in 1986 and is based in Mequon, Wisconsin (US). The company provides maintenance software for different sizes of operations

maintenance cost reduction  (US). The company provides maintenance software for different sizes of operations ranging from the single-user who needs a basic CMMS, to large, multisite clients and Fortune 500 companies that need a fully-featured enterprise solution. It has customers in more than twenty-five countries. Eagle Technology services a diverse cross-section of industries ranging from manufacturing; healthcare; local, state, and federal governments; and the public school system and it internationally markets its products Read More
Managing the Total Cost of Ownership of Business Intelligence: A 360-Degree Perspective
For many companies, total cost of ownership (TCO) of business intelligence (BI) solutions is out of control. And the problem is growing, fueled by ever

maintenance cost reduction  the Total Cost of Ownership of Business Intelligence: A 360-Degree Perspective For many companies, total cost of ownership (TCO) of business intelligence (BI) solutions is out of control. And the problem is growing, fueled by ever-increasing demands from the user community, massive new sources for data, new capabilities, shadow it landscapes, and the cost of keeping people abreast of all the changes. This paper focuses on developing a framework for monitoring and managing the TCO of BI. Read More
Dematic Selects aPriori for Product Cost Management
Dematic, a supplier of automated warehouse logistics and material handling systems, selected aPriori to control new product costs by providing real-time insight

maintenance cost reduction  Selects aPriori for Product Cost Management Dematic , a supplier of automated warehouse logistics and material handling systems, selected aPriori to control new product costs by providing real-time insight to cost projections in design and sourcing.   Dematic designs, builds, and supports logistics solutions that optimize material and information flow, from receiving to shipping. A typical Dematic solution is built around process improvements, material handling technology, and software, whereby Read More
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