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Software Functionality Revealed in Detail
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 operating and maintenance cost roi

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 » 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, Fleet, Plant Equipment and yes, even computers. It makes even more sense when you consider that today more and more companies are adding a new line item in their financial statements called "Deferred Maintenance Revenue Write Down". A lack of preventive maintenance affects the shareholders of all companies due to aging assets and reactive maintenance practices. A complete preventive maintenance program consisting of better business practices and a simple tool such as a Computerized Maintenance Management Software (CMMS) or Enterprise Asset Management (EAM) package can streamline the process and result in immediate savings in both time and money. So how do you justify the initial investment and where can the cost savings be seen across the enterprise?

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, determining the tangible and intangible benefits, and the risks involved with CRM implementation.

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

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.

operating and maintenance cost roi  the fleet. Further, the operating costs of large wheel loaders have dropped by 43.4 percent, while the life span of 190-ton off-highway trucks has been extended by greater than 60 percent. Dofasco is not the only equity partner for Ivara, which, in addition to relying on two longstanding major Canadian private venture capitalists, has been seeking a strategic direction and a vested interest from selected high-profile corporations that can help the vendor achieve its corporate goals (in part through a 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 plays distant runner-up to the more glamorous pursuit of top-line growth. That’s not surprising, given the importance of increasing sales revenue. But it can cost you—and lead to operating surprises that are even more punishing.

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

The Three Rs of RFID: Rewards, Risk, and ROI


Prominent organizations and retailers, such as Walmart and the US Department of Defense are taking advantage of radio frequency identification, which promises real time tracking of products from the manufacturing floor to the checkout terminal. Despite the typical risks associated with adopting any early-stage technology, the competitive advantage and bottom-line business benefits of RFID are significant to both retailers and suppliers. It can significantly decrease warehouse, distribution, and inventory costs; increase margins; and enhance customer service.

operating and maintenance cost roi  to 4 percent of operating expenses for retailers. Replacing point-and-read, labor-intensive operations with sensors that track pallets, cases, cartons, and individual products anywhere in the facility can significantly reduce labor, resulting in 30 percent or more in savings. Reduced point-of-sale labor costs : Using RFID at the product level can help retailers reduce the labor costs and service fees of regular stock management and store shelf inventory. With RFID-enabled products, the current Read More

Selecting a Cost-Effective Conferencing Solution


As you evaluate conferencing solutions for your organization, an important selection consideration should be the overall cost of the solution; both initial and on-going. It is necessary to evaluate the cost of your current conferencing solution as well as whether an on-premise alternative will pay for itself in a reasonable amount of time. Find out how.

operating and maintenance cost roi  a Cost-Effective Conferencing Solution As you evaluate conferencing solutions for your organization, an important selection consideration should be the overall cost of the solution; both initial and on-going. It is necessary to evaluate the cost of your current conferencing solution as well as whether an on-premise alternative will pay for itself in a reasonable amount of time. Find out how. Read More

ROI Systems MANAGE-s Well Past 2000 Part 1: Recent Developments


ROI Systems' strategy in terms of enhancing its MANAGE 2000 product and its geographic coverage has apparently been paying off, which comes as a welcome news these days when many of its peers that have traditionally touted more glitzy products are facing the moment of truth. Its recent solid financial performance puts the company in the position of being able to move forward with its plans for further needed product enhancements, staffing expansion and company growth, at a time when many of its peers continue to struggle.

operating and maintenance cost roi  Systems MANAGE-s Well Past 2000 Part 1: Recent Developments Event Summary On March 13, ROI Systems , Inc. ( www.roisystems.com ), a privately held provider of extended ERP software systems, with its headquarters in Minneapolis, MN, announced that Indiana-based Core Business Software Solutions (CBSS) would serve as a business partner in its Midwest region. CBSS, a technology consulting firm, will distribute and implement ROI Systems'' MANAGE 2000 extended ERP system. CBSS''s decision to distribute ROI''s Read More

ROI Systems - A Little ERP Fellow That Gets By


ROI Systems continues its disciplined new technology adoption. The moderation component of its strategy has been paying off, which proves crucial these days when many of its peers that have traditionally had more exciting and flashy products are facing the crunch.

operating and maintenance cost roi  Systems - A Little ERP Fellow That Gets By ROI Systems - A Little ERP Fellow That Gets By P.J. Jakovljevic - June 11, 2001 Event Summary In May, ROI Systems, Inc. , a privately held provider of extended ERP solutions for small to medium size manufacturing enterprises, hosted its annual InterNational Users Group Meeting (INUGM) in Minneapolis, MN, USA. The symposium''s 57 breakout sessions, user exchange room, opening session and exhibitors provided a multitude of opportunities for ROI''s clients to learn 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 to cost projections in design and sourcing.

operating and maintenance cost roi  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

What Are the Support and Maintenance Options?


Enterprise software licensees do have a choice when it comes to software support and maintenance (S&M) providers, with several, less expensive options existing for any company that is considering discontinuing S&M for an application product.

operating and maintenance cost roi  Are the Support and Maintenance Options? Enterprises can remain at the mercy of vendors'' high-priced support and maintenance (S&M) agreements for only so long. If vendors continue playing hardball with their customers, they are likely to face substantial customer defections, with customers seeking alternative options. To learn more about software maintenance and support, please see Will User Enterprises Ever Get onto an Easy (Support and Maintenance) Street? , Support and Maintenance: No Longer the Read More

Case Study: IT Services Firm Strengthens Security and Promotes Mobility with Operating System


Ensynch, a provider of IT security management solutions, was satisfied with its operating system. However, Ensynch often looks to make upgrades that will improve its competitive edge, especially those that strengthen IT security, better promote mobility, and improve employee productivity. Discover how Windows Vista helped Ensynch achieve stronger IT security, faster mobile connectivity, and more efficient use of IT staff.

operating and maintenance cost roi  was satisfied with its operating system. However, Ensynch often looks to make upgrades that will improve its competitive edge, especially those that strengthen IT security, better promote mobility, and improve employee productivity. Discover how Windows Vista helped Ensynch achieve stronger IT security, faster mobile connectivity, and more efficient use of IT staff. Read More

Technology Hardware Maintenance-Acquiring and Managing Cost Effective Service


Hardware maintenance can represent a significant information technology cost, but options for managing that cost exist. If you analyze hardware maintenance from an enterprise perspective, you will identify those options and ensure the cost-effective delivery of those services.

operating and maintenance cost roi  Hardware Maintenance-Acquiring and Managing Cost Effective Service Introduction Who likes getting their car serviced? No one does, but the need for dependable transportation requires us to maintain our cars. A similar situation applies to maintaining a portfolio of technology hardware. The business depends on its reliability, so we must maintain it. This article focuses on how an organization acquires and manages that maintenance service cost-effectively. Identify the Enterprise Portfolio The Read More

The Impact of Technology on Cost in Business Process Outsourcing


Many different factors contribute to the cost of a business process outsourcing (BPO) engagement. Among them, IT, especially software, is a key cost determinant that is often underestimated. A diligent assessment of BPO needs to address several cost components that are not included in the provider’s total contract value (TCV)—components which are often overlooked by buyers.

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Counting the Cost of Network Efficiency


It is hard to quantify the costs of poor network or application management, but they include lost productivity due to time spent fixing problems and increased capital and operating expenses. But when creating IT budgets, organizations need to consider the impact of investment in network and application management on overall revenues. IT efficiency should be a priority item for any corporate agenda, and executives need to understand that the network is not only a core part of what their organization does, but plays a key role in achieving business goals.

There is actually a direct correlation between network performance and application performance. There is of course intrinsic value in network hardware and software, but more importantly many people in the organization rely on the applications that the network supports—so if the network is running slowly, users’ applications will slow down too. Hence a budget priority should be where changes in the network are needed to avoid problems arising or improve application performance and hence overall productivity.

This white paper makes a case for the organizational need for solutions and tools which provide network performance information and help identify problems and their causes and areas where improvements should be made, making it possible for budgetary decisions to be based on performance data. It looks at questions the IT team needs to ask to get to the heart of network problems and find the best solution, as well as three categories of network improvements, and also details how an AANPM, or application aware network performance management solution, takes an application-centric approach to network issues and can lead to faster problem solving, reducing downtime, increasing productivity, and saving troubleshooting time.

operating and maintenance cost roi  and increased capital and operating expenses. But when creating IT budgets, organizations need to consider the impact of investment in network and application management on overall revenues. IT efficiency should be a priority item for any corporate agenda, and executives need to understand that the network is not only a core part of what their organization does, but plays a key role in achieving business goals. There is actually a direct correlation between network performance and application Read More

Demonstrating the ROI of an ERP System


What kind of tangible return on investment (ROI) can you expect from your enterprise resource planning (ERP) software? The answer: a lot more than you might expect. Purchasing ERP software represents a significant financial commitment, but in most cases, the software pays for itself within the first year—and will continue to generate cost savings for many years after. Where do these cost savings come from? Find out here.

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