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Software Functionality Revealed in Detail
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 maintenance cost reduction

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Maintenance, Repair, and Overhaul (MRO) RFI/RFP Template

Maintenance Management, Customer Contracts (Agreements), Customer Orders, Customer Quotations, Work Orders, Product Technology 

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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’ problem. Critical success factors for the effective use for the CMMS involves clear support from management and measurable drivers involving time, quality, and cost.

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

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 for cost containment no longer pack the same punch. Some surveys show that 75 percent of all respondents are redesigning their supply chains to keep these costs in check. Are you one of them? No? You’ve got a lot of catching up to do—and very little time to do it.

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

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 both not meeting business objectives and any extra cost due to the need for unplanned or even emergency repairs.

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

Reliability Driven Maintenance--Closing the CMMS "Value Gap"? Part Two: Reliability Driven Maintenance


Reliability driven maintenance (RDM) focuses on understanding the "asset health" to determine what maintenance work should occur and when something should be done. It enables preemptive intervention before failure occurs, whereby failure would mean that equipment is not delivering required performance regardless of whether it is actually broken down or not.

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 should work well. Finally, if both the cost of failure and the cost of maintenance are high, one needs to use RCM concepts and manage optimally the health of the asset to avoid failures while minimizing the maintenance cost. Only by selecting the most justified maintenance strategy one could expect optimally increased profits due to reduced costs (e.g., reduced 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 this because they focus on output, not on the assets used to create it. The irony is that companies can use asset performance management not only to make more widgets, but to make each widget more profitably.

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

How One Vendor Addresses Support and Maintenance Issues


SAP is addressing the problem of customers wanting support that vendors are either not providing, or providing at unjustifiable prices. Support and maintenance customers are committed to service contracts, but only to a point. New options are thus available.

maintenance cost reduction  Vendor Addresses Support and Maintenance Issues Problem Setting SAP is one of the major enterprise resource planning (ERP) vendors that is addressing the concerns of its user base regarding support and maintenance (S&M) issues. These issues are detailed in a previous series on S&M: Will User Enterprises Ever Get Onto an Easy (Support and Maintenance) Street? , Support and Maintenance: No Longer the Software Industry''s Best Kept Secret ? , What Is the Value Proposition of Support and Maintenance? , What 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 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 can make better informed decisions that drive costs out of product pre- and post-production.

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

How to Compare the Real Cost of Accounting Software: 30 Questions to Ask Before You Sign the Contract


Once you decide it’s time to upgrade the enterprise resource planning (ERP) for accounting system, the next question is: “How much does it cost?” However, many variables factor into the total project price—and software is only a fraction of that. Discover 16 insider tips that can help you save money, as well as 30 specific questions to ask your software vendor, so you can avoid hidden costs and understand the total quote.

maintenance cost reduction  to Compare the Real Cost of Accounting Software: 30 Questions to Ask Before You Sign the Contract Once you decide it’s time to upgrade the enterprise resource planning (ERP) for accounting system, the next question is: “How much does it cost?” However, many variables factor into the total project price—and software is only a fraction of that. Discover 16 insider tips that can help you save money, as well as 30 specific questions to ask your software vendor, so you can avoid hidden costs and Read More

3 Components of an Effective Cost Management System


Success in today s manufacturing sector requires disciplined approaches to all aspects of business strategy. For process improvement, companies implemented lean manufacturing programs. Data integration needs led to data warehouses and enterprise resource planning systems. Companies must now dedicate the same level of strategy and planning to developing a cost management process that drives results.

maintenance cost reduction  Components of an Effective Cost Management System Success in today s manufacturing sector requires disciplined approaches to all aspects of business strategy. For process improvement, companies implemented lean manufacturing programs. Data integration needs led to data warehouses and enterprise resource planning systems. Companies must now dedicate the same level of strategy and planning to developing a cost management process that drives results. Read More

The Elusive Weekly Maintenance Schedule


The weekly schedule process is by far the most significant yet underutilized tool for work force efficiency. A resource-leveled weekly schedule provides a logical way to balance required work versus available man-hours.

maintenance cost reduction  Elusive Weekly Maintenance Schedule The weekly schedule process is by far the most significant yet underutilized tool for work force efficiency. A resource-leveled weekly schedule provides a logical way to balance required work versus available man-hours. Read More

Total Cost of Goods Shipped: A Guide to Better Sourcing Decisions


To increase profits, companies are searching for ways to reduce costs or sell more at the highest possible price. Many companies are turning to imported goods and materials due to lower manufacturing costs, but this can involve many hidden costs. In this paper, PM War Stories and Pronto Software examines how to effectively track the total cost of goods shipped to aid executives in making faster, better sourcing decisions.

maintenance cost reduction  Cost of Goods Shipped: A Guide to Better Sourcing Decisions To increase profits, companies are searching for ways to reduce costs or sell more at the highest possible price. Many companies are turning to imported goods and materials due to lower manufacturing costs, but this can involve many hidden costs. In this paper, PM War Stories and Pronto Software examines how to effectively track the total cost of goods shipped to aid executives in making faster, better sourcing decisions. Read More

Looking Beyond Cost Savings in PEO


Today’s outsourcing industry is expected to grow by 37 percent annually between 2007 and 2010. One growing specialization under IT outsourcing is product engineering outsourcing (PEO). While many IT companies have used PEO to realize significant cost savings along with increased quality and reliability, some companies have experienced negative results. Lean about common PEO pitfalls and how you can avoid them.

maintenance cost reduction  Beyond Cost Savings in PEO Xoriant Corporation is an offshore software product development company with global delivery centers, offering a wide range of software development engineering services like software testing, migration and porting services. We offer these services to a variety of industries including finance, telecom, ecommerce, customer-facing web publishers, and others. Source: Xoriant Corporation Resources Related to Looking Beyond Cost Savings in PEO : Outsourcing (Wikipedia) Read More

Calculating the True Cost of RDBMS Ownership and How Sybase ASE Stacks Up: A Guide for SAP Business Suite Users


This white paper discusses ways in which most user organizations fail to take into account, or even acknowledge, key cost factors as they continually pay for their enterprise database applications. It also contains an exposition of the factors involved in calculating the total cost of ownership (TCO) of a relational database management system (RDBMS).

maintenance cost reduction  the True Cost of RDBMS Ownership and How Sybase ASE Stacks Up: A Guide for SAP Business Suite Users This white paper discusses ways in which most user organizations fail to take into account, or even acknowledge, key cost factors as they continually pay for their enterprise database applications. It also contains an exposition of the factors involved in calculating the total cost of ownership (TCO) of a relational database management system (RDBMS). Read More

Why Price Shouldn't Be the Final Factor When Investing in Manufacturing ERP Software: The Hidden Expenses Often Found in Low-cost ERP Systems


When it is time to invest in a new enterprise resource planning (ERP) system, a low entry price could be concealing an expensive total cost of ownership. Price should not be the deciding factor. Rather, best fit for your company should be the number one consideration. Download this white paper to learn more about the hidden costs.

maintenance cost reduction  Price Shouldn''t Be the Final Factor When Investing in Manufacturing ERP Software: The Hidden Expenses Often Found in Low-cost ERP Systems When it is time to invest in a new enterprise resource planning (ERP) system, a low entry price could be concealing an expensive total cost of ownership. Price should not be the deciding factor. Rather, best fit for your company should be the number one consideration. Download this white paper to learn more about the hidden costs. Read More

The SaaS Dilemma: Deciding Between Cost and Benefits


There’s a disconnect in the way most software companies, even cloud-based software-as-a-service (SaaS) companies, license their systems. And it is all about the concept of "seats" or use licenses. Learn how the Plex Manufacturing Cloud licensing model paves the way for your success with unlimited seats.

maintenance cost reduction  SaaS Dilemma: Deciding Between Cost and Benefits There’s a disconnect in the way most software companies, even cloud-based software-as-a-service (SaaS) companies, license their systems. And it is all about the concept of seats or use licenses. Learn how the Plex Manufacturing Cloud licensing model paves the way for your success with unlimited seats. Read More