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Documents related to » operating and maintenance cost roi


Maintenance Tips For Improved Profits: Creating the Business Case to Invest in Automation
Does it really make sense to spend money to save money? The answer may surprise you when it comes to maintenance of large capital assets including Facilities

operating and maintenance cost roi  an average of 200 operating days per year the revenue expectations equal $240,000.00 per year. If the vehicle goes down due to unexpected reasons for eight days within the year, your lost revenue is $9600.00 out of the 200 working days. If you could reduce this by 50% by implementing a preventive maintenance program, your revenue generation increases by $4800.00. If 30% of the fleet has experienced unscheduled maintenance then the total revenue increase could be as high as $720,000.00. Here is the Read More
CRM ROI: Creating a Business Case
Companies need to implement serious yardstick work when seeking to evaluate CRM-software investments. This involves creating a cost-benefit analysis

operating and maintenance cost roi  support contracts EDI, database, operating system and other software licensing and maintenance or support contracts Hardware purchases and maintenance or support contracts including servers, storage and network upgrades (as required) Software integration and customization, including design, development, test and ongoing maintenance Implementation labor Ongoing administration and support labor Business Unit Costs Planning and requirements meetings User training and learning time Process change management Read More
Enterprise Applications: The Cost of Keeping Current… Or Not
During difficult times it may be tempting to postpone upgrades, treating them as discretionary or optional projects, when in fact they could very well provide a

operating and maintenance cost roi  involves reductions in inventory, operating costs, and administrative costs. Best-in-Class companies are able to reduce these metrics by 20%, 14%, and 15%, respectively. Assuming operating costs of just $1 million, these reductions represent hundreds of thousands of dollars in potential savings. When coupled with increased customer satisfaction from improved schedule compliance and improved complete and on-time shipments, additional value can be attributed indirectly back to the ERP implementation. In Read More
ERP ROI in Only 9 Months
Nucleus Research reports that NetSuite, a leading integrated Web-based business software suite, can deliver a positive return on investment (ROI) in fewer than

operating and maintenance cost roi  orders, inventory, customers, and operating expenses helps decision makers to more quickly identify opportunities for improvement or cost reduction. NetSuite customers take advantage of its core functionality to improve operations, resulting in reduced administrative costs, improved financial management, and improved inventory management. Reduced administrative costs Payroll is the largest expense for most organizations. Because NetSuite has integrated employee management, payroll, and time and expense, Read More
Asset Performance Management: The Secret to Uncovering Hidden Profits and Ending Operating Surprises
Top performers optimize their assets. It’s true in any field—sports, the arts, and business. Yet in business, optimizing performance of capital assets often

operating and maintenance cost roi  from multiple systems-asset, finance, operating and others-not just the maintenance system alone. In addition, the modeling and trending tools offered by Datastream 7i Analytics enable a forward view on that data, unlike traditional reporting tools which simply visualize current transactional data. By analyzing these cross-silo metrics, the company can now decide which coolers run most efficiently, how temperature control affects cooler performance, what the appropriate maintenance cost per cooler should Read More
ROI Systems, Inc.: Will Slow and Steady Remain in the Race?
Over past two decades, ROI Systems has shown the commitment to deliver solid discrete manufacturing functionality and superior customer support, with modest

operating and maintenance cost roi  Systems, Inc.: Will Slow and Steady Remain in the Race? Vendor Summary ROI Systems, Inc. is a privately held provider of Enterprise Resource Planning (ERP) systems for the small-to-medium enterprises (SME) market. Founded in 1978, with headquarters in Minneapolis, MN, the privately held company generated $23.1 million in revenue for fiscal 1999 (6% revenue growth compared to 1998). From its inception, ROI Systems has dedicated its resources to providing software solutions to discrete manufacturers, Read More
Capturing Project Cost in Project ERP
Most enterprise resource planning (ERP) software is not designed to effectively capture cost in a project-based environment, such as engineer to order, engineer

operating and maintenance cost roi  Project Cost in Project ERP Most enterprise resource planning (ERP) software is not designed to effectively capture cost in a project-based environment, such as engineer to order, engineer procure construct, or services. This white paper covers organizational and technology barriers to capturing project cost, along with criteria for selecting the ideal ERP for effective project costing for your organization. Read More
Enterprise Payback: Qualitative and Quantitative Factors in the ROI Equation
The requirement that enterprise software vendors deliver a measurable return on investment (ROI) has never been greater than right now. Customers are demanding

operating and maintenance cost roi  Payback: Qualitative and Quantitative Factors in the ROI Equation The requirement that enterprise software vendors deliver a measurable return on investment (ROI) has never been greater than right now. Customers are demanding that ROI analysis be a critical factor in their decisions to acquire new enterprise software. Without a demonstrable return, few customers are willing to invest scarce capital and human resources in new enterprirse software. A more complete analysis of return can be had by Read More
Data Mining and Predictive Modeling for Condition-based Maintenance
Today’s military logistics agencies must sustain diverse fleets of costly, complex, and indispensible weapon systems and platforms. Modern predictive

operating and maintenance cost roi  Mining and Predictive Modeling for Condition-based Maintenance Today’s military logistics agencies must sustain diverse fleets of costly, complex, and indispensible weapon systems and platforms. Modern predictive maintenance solutions can integrate with existing IT infrastructures to collect and transmit data from various platforms to a centralized condition-based maintenance (CBM) database. Learn more about how these solutions enable better-informed decisions regarding specific maintenance actions. Read More
Cost and Pricing Models in Food and Beverage Processing: Seeing the Forest through the Trees
Lost sight of your bottom line? Product pricing not in step with your actual costs? So busy trying to stay on top of cost behavior that you can’t keep your

operating and maintenance cost roi  and Pricing Models in Food and Beverage Processing: Seeing the Forest through the Trees Lost sight of your bottom line? Product pricing not in step with your actual costs? So busy trying to stay on top of cost behavior that you can’t keep your costs under control? Cost and pricing models, as part of an enterprise resource planning (ERP) system, can help you better understand your costs. Put corrective measures into motion before problems occur—and save your food and beverage enterprise time and Read More
Cost Accounting Primer
Whether you’re familiar with the world of accounting or not, understanding the basic concepts and principles of accounting functions can give you an essential

operating and maintenance cost roi  Accounting Primer Whether you’re familiar with the world of accounting or not, understanding the basic concepts and principles of accounting functions can give you an essential edge in the competitive manufacturing sector. This in-depth guide, complete with glossary, takes you through the step-by-step process of cost accounting for manufacturers—from prototype manufacturing, shipping, and full production, through to financial reports. Read More
Can You Bring Cost Down through Better Inventory Management?
In my previous blog I discussed two approaches to bringing down your cost: cost cutting and cost reducing, with regards to the overall supply chain network. The

operating and maintenance cost roi  is anything holding up operating funds. The main objective of a supply chain is to have the right inventory, at the right time, at the right location with the right quantity. To achieve this objective, it’s key to have a proper inventory management process in place within the organization. There are numerous ways to achieve this without driving up the cost of operations or the cost of inventory. Most importantly, such strategies will help the organization reduce the cost associated with inventory. Read More
Identifying the ROI of a Software Application for SCM Part 2: We Are Looking for the Vendor To Tell Us
Managers weighing an investment in software for supply chain face pressure to be right. Looking for a precise calculation of ROI often results in making an

operating and maintenance cost roi  the ROI of a Software Application for SCM Part 2: We Are Looking for the Vendor To Tell Us Identifying the ROI of a Software Application for SCM Executive Summary    The competitive environment for every industry grows increasingly intense. Fast, reasonably accurate information about the impact of a software investment decision grows more critical. Many decision-makers look for an exact forecast of return on investment (ROI) from the purchase of a supply chain management application. At least Read More

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