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Software Functionality Revealed in Detail
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 operating and maintenance cost

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

Use a Computerized Maintenance Management System to Improve Predictive Maintenance Performance


Companies that have moved from a highly reactive environment to a more planned one notice significant improvement. A computer maintenance management or enterprise asset management system is useful tool to create a planned environment, help build accurate equipment history, and develop comprehensive analysis capability.

operating and maintenance cost  to become better at operating a more stable, planned, and predictable maintenance environment at minimal cost. Although the figures vary, most maintenance managers would agree they don''t like playing the role of firefighter, with as many as 40 to 80 percent of requests for maintenance services being unplanned or even emergencies. There''s much debate on the subject, but it appears that a reasonable target for the ratio of planned to unplanned maintenance is 80:20. Clearly, many manufacturing environments h 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  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 proo 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.

operating and maintenance cost  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 conveys the idea of fat elimination - the elimination of enterprise waste, the streamlining of processes to increase productivity, and the more e cient use of capital assets and valued personnel in the pursuit of continuously improving bottom lines. There is, of course, nothing new in t Read More

The Old ERP Dilemma: How Long Should You Pay Maintenance?


After a company has decided to keep an existing ERP system, the next decision is how long should they continue to pay the vendor for maintenance.

operating and maintenance cost  underlying IT infrastructure (databases, operating systems, etc.) For this group, they shared a stable platform. Depending on the infrastructure in place, this could be a significant value to some companies. Insurance policy One IT executive stated that she saw the maintenance agreement as an insurance policy. She did not know what could happen, but she felt that paying the maintenance bill lowered the IT risk for her company. Clearly, this value is a function of how any one company looks at risk — how Read More

What Is the Value Proposition of Support and Maintenance?


Mature systems in any enterprise require an approach different from newer implementations to software support—one that focuses on customization, interoperability, and performance support. Yet despite this fact, most vendors continue to offer the same one-size-fits-all models of support.

operating and maintenance cost  are dependent on databases, operating systems, middleware, and hardware components. Each of these components has a specified life cycle and support time frame that requires the software to be certified again against newer releases. These components also drive the need for some laggard customers to upgrade, since these components'' infrastructures and technology stacks will need to be upgraded to remain supported. Therefore, even if the software remains stable, customers still need to plan to upgrade to hav 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 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.

operating and maintenance cost  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

Understanding the True Cost of Sourcing


In today's twenty-first century, global outsourced business world, the traditional and somewhat simplistic approaches used to measure cost for sourcing decisions of direct materials fall short.

operating and maintenance cost  the True Cost of Sourcing The Shortcomings of Traditional Procurement In today''s twenty-first century, global outsourced business world, the traditional and somewhat simplistic approaches used to measure cost for sourcing decisions of direct materials fall short. Procurement history is laden with penny-wise, pound-foolish decisions where the low cost supplier ultimately costs tens or hundreds of millions in lost revenue, lost market share, expedite fees, or write-offs. This goes beyond total Read More

Total Cost of Ownership Secrets for Enterprise Applications


Any enterprise suite will pay for itself faster if you work diligently to reduce the total cost of ownership (TCO). Those who interact with companies on implementing and maintaining their systems know that some project owners are very good at keeping the cost of their enterprise applications as low as possible. We’ll look at their TCO secrets.

operating and maintenance cost  Cost of Ownership Secrets for Enterprise Applications Total Cost of Ownership Secrets for Enterprise Applications If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Providing services by people who know the business and products, we help to maximize benefits, and by providing new versions and enhancements on leading technology we secure investments, maximize uptime and minimize the total cost of ownership . Source : IFS Resources Read More

Case Study: Enterprise Cost Control Simplifies the Complex


Wellman Thermal, a make-to-contract (MTC) manufacturer of boilers and industrial furnaces, needed an information system to record actual costs and allocate resources for each project from beginning to end. It also wanted help forecasting the outcome of individual projects. The system Wellman implemented allows the company better control of factory capacity planning and high visibility into operations. Get the details.

operating and maintenance cost  Study: Enterprise Cost Control Simplifies the Complex Wellman Thermal, a make-to-contract (MTC) manufacturer of boilers and industrial furnaces, needed an information system to record actual costs and allocate resources for each project from beginning to end. It also wanted help forecasting the outcome of individual projects. The system Wellman implemented allows the company better control of factory capacity planning and high visibility into operations. Get the details. Read More

ERP: Justifying the Cost


Many benefits accrue from deploying an enterprise resource planning (ERP) system. Many of these are tangible or quantifiable in nature; you can calculate the savings immediately. However, other benefits may not be quantified so easily, but they are also important. This whitepaper looks at both tangible and intangible benefits of deploying an ERP solution and attempts to give you good justification for the costs involved.

operating and maintenance cost  Justifying the Cost Many benefits accrue from deploying an enterprise resource planning (ERP) system. Many of these are tangible or quantifiable in nature; you can calculate the savings immediately. However, other benefits may not be quantified so easily, but they are also important. This whitepaper looks at both tangible and intangible benefits of deploying an ERP solution and attempts to give you good justification for the costs involved. 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 in order to avoid costly downtime and reduce maintenance costs. Learn how, with this Analyst Insight report from Aberdeen Research.

operating and maintenance cost  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 in order to avoid costly downtime and reduce maintenance costs. Learn how, with this Analyst Insight report from Aberdeen Research. Read More

Maintenance Team at Lakeside Educational Network Keeps Things Running Smoothly for Students Going Through Rough Patches


The maintenance team at the Lakeside Educational Network (LEN) near Philadelphia addresses a diverse set of challenges; not only managing 72,000 square-feet of building space, they must also cut grass and remove snow over a 20-mile radius; conduct inspections and repair a fleet of trucks, cars and vans; and address a host of other tasks. To help manage the depth and breadth of maintenance tasks at LEN, the 15-person team uses a CMMS called Bigfoot CMMS. Among other things, Bigfoot CMMS calls up equipment repair history; automates preventive maintenance schedules; tracks work orders; monitors costs; and aids new building projects.

operating and maintenance cost  Team at Lakeside Educational Network Keeps Things Running Smoothly for Students Going Through Rough Patches The maintenance team at the Lakeside Educational Network (LEN) near Philadelphia addresses a diverse set of challenges; not only managing 72,000 square-feet of building space, they must also cut grass and remove snow over a 20-mile radius; conduct inspections and repair a fleet of trucks, cars and vans; and address a host of other tasks. To help manage the depth and breadth of maintenance Read More

How CFOs Can Overcome Internal Resistance to Cost Reduction


The major barrier to continuous cost reduction is not the suppliers; instead, the internal resistance to change by employees is often the primary reason millions of dollars can be left on the table. This white paper will walk you through the top seven techniques for combatting resistance to expense reduction and give you some best practices in the area of cost containment.

operating and maintenance cost  CFOs Can Overcome Internal Resistance to Cost Reduction The major barrier to continuous cost reduction is not the suppliers; instead, the internal resistance to change by employees is often the primary reason millions of dollars can be left on the table. This white paper will walk you through the top seven techniques for combatting resistance to expense reduction and give you some best practices in the area of cost containment. Read More

Comparing the Total Cost of Ownership of SME On-premise Business Management Applications and SAP Business ByDesign


This document analyzes the cost of ownership for a typical on-premise small and medium enterprise (SME) business management system, and compares it to the cost of an equivalent SAP Business ByDesign implementation. It uses a mixture of different on-premise systems rather than any single vendor's product. Although there are many similarly equipped business management products available, they all compete closely on price.

operating and maintenance cost  the Total Cost of Ownership of SME On-premise Business Management Applications and SAP Business ByDesign This document analyzes the cost of ownership for a typical on-premise small and medium enterprise (SME) business management system, and compares it to the cost of an equivalent SAP Business ByDesign implementation. It uses a mixture of different on-premise systems rather than any single vendor''s product. Although there are many similarly equipped business management products available, they Read More