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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.
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 reduce maintenance costs 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

Quote-to-Order (Q2O) Systems

Quote-to-order (Q2O) solutions (sometimes known as configure, price, and quote or CPQ) enable manufacturers to mobilize their mass customization initiatives. These systems can reduce time-consuming quoting and ordering processes, decrease unit costs, and lower sales costs. Q2O suites can further help enterprises increase sales effectiveness across all channels. These solutions help companies that sell complex products and services shift their focus to customer-facing sales and service issues. 

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Documents related to » reduce maintenance costs roi

How to Choose a Service and Maintenance Application


If you’re not using a service and maintenance application, you may have reached the point where manual systems no longer support the pace of business. Where to start? You should know the five important questions to ask before implementing. The ten essential features to look for. How to prepare for product demonstrations. And the five most common mistakes people make.

reduce maintenance costs roi  By doing so, you''ll reduce transcription errors, lower the staffing requirements for data entry, and improve access to up-to-the-minute information throughout your organization. Ask about the latest technology In order to stay competitive and efficient, you''ll need a system that works with the latest technologies. Ask yourself which technologies are important to your organization. For example, if you use bar code scanners to support your infrastructure, make sure your service and maintenance applications 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.

reduce maintenance costs roi  down or not. To reduce waste, assets must perform as expected and when expected. This means that failure must be redefined to mean an asset is unable to meet business objectives, such as running at the expected rate, producing product within the expected quality standards, and being ready when it is needed for production. If an asset does not meet these objectives, it has failed. Reliability eliminates waste, since machines that are reliable produce less scrap and rather a product that is within specifica Read More

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?

reduce maintenance costs roi  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 calculation. Step 1. Costs = $1200.00/Day X 8 Lost Days multiplied by 30% of the fleet doing unscheduled maintenance or 150 vehicles = ($9600.00) X (30%X500) = ($720,000.00) lost revenue. Although this is only an example, it is a tangible Read More

Computerized Maintenance Management Systems: A Tutorial Part Two: Benefits and Interfaces


A CMMS is an excellent business opportunity whose implementation can significantly improve operations, reduce equipment downtime, increase accountability of the maintenance functions, and produce substantial financial savings. Read on to learn how this can be accomplished.

reduce maintenance costs roi  can significantly improve operations, reduce equipment downtime, increase accountability of the maintenance functions, and produce substantial financial savings. The old ways of managing the maintenance function do not work anymore. The use of everything from index cards, pegboards, and white boards is cumbersome, ineffective, and unreliable. What''s more, these low-tech tools were used inconsistently and irregularly, further reducing whatever minimal benefits they may have been expected to achieve. A comp Read More

Reduce the Pain of ERP Upgrades with Better Planning


Enterprise resource planning (ERP) systems now support many organizations’ most important business processes, and house their most sensitive corporate data. As a result, senior management needs to fully understand both the timing and project plan before proceeding with any ERP upgrade. Learn how to plan and manage your next ERP upgrade project, and develop an overall corporate strategy for maintaining your ERP system.

reduce maintenance costs roi  resource planning (ERP) (Wikipedia) Reduce the Pain of ERP Upgrades with Better Planning ERP Upgrade is also known as : ERP Upgrades , ERP Software , Top ERP Software Options , Common ERP Upgrade , ERP Upgrade Projects , ERP Upgrade Costs , SAP Upgrade Solutions , ERP System Upgrade , ERP Upgrade Mistakes , ERP Upgrade Pain , ERP Upgrade Process . As corporations become more dependent on their ERP systems, they struggle to strike the right balance between regularly updating the software and minimizing cos Read More

Areas of Growth for After-market Maintenance, Repair, and Overhaul Initiatives


Increasingly, companies in the aviation industry are outsourcing their maintenance, repair, and overhaul (MRO) operations, especially for engine and component repair. However, many companies still report using custom, in-house applications instead of standard, off-the-shelf solutions. Learn how companies are balancing their outsourced and in-house MRO solutions, and discover the top three trends impacting the MRO segment.

reduce maintenance costs roi  maintenance repair overhaul,mro,maintenance software,service repair software,maintenance repair overhaul slip,software repair shops,mro equipement,complex mro Read More

Focus on Process to Reduce Your Recruiting Costs


Need to reduce recruiting costs in your organization? This executive brief provides several ideas on how to reduce those costs while still driving exceptional business by employing creative recruiting strategies and combining them with the right technology.

reduce maintenance costs roi  on Process to Reduce Your Recruiting Costs Need to reduce recruiting costs in your organization? This executive brief provides several ideas on how to reduce those costs while still driving exceptional business by employing creative recruiting strategies and combining them with the right technology. Read More

An In-depth Look at ROI


As the economy turns sour, and IT budgets remain flat or get reduced, doing more with the infrastructure you have has never been more important. But investing in the same old networking infrastructure, storage, servers, and bandwidth is not going to help you reach your strategic goals. Get a return on investment (ROI) analysis for one brand of network appliances that can help you reach your IT objectives.

reduce maintenance costs roi  remain flat or get reduced, doing more with the infrastructure you have has never been more important. But investing in the same old networking infrastructure, storage, servers, and bandwidth is not going to help you reach your strategic goals. Get a return on investment (ROI) analysis for one brand of network appliances that can help you reach your IT objectives. Read More

Reducing Costs with Efficient Operations: A Fast Track to More Working Capital


Untamed costs can deplete the precious working capital that’s critical to your ongoing operations. But, you can get a handle on costs by taking steps to improve operational efficiency. By instituting efficient automated processes, you can reduce waste, unnecessary overtime, and many other cost factors. Find out how an integrated business system can help you improve gross margins while offering more competitive prices.

reduce maintenance costs roi  Competition Based Pricing , Reduce Cost , Lower Benefits Costs , Reducing Business Costs , Competition Pricing , Operation Efficiency , Pricing Strategies , Pricing Software , Pricing Higher Profit , Pricing Solutions , Pricing Methods , Product Pricing , Transfer Pricing , Product Life Cycle Management , Value Pricing , Price Elasticity Demand , New Product Pricing , Time Based Pricing , Suggested Retail Price , Purchasing Power , Psychological Pricing , Market-Adaptive Pricing , Options Pricing , Cost 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 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 technologies to refine the effectiveness of their operations.

reduce maintenance costs roi  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

Reduce IT Procurement Time And Risk


All one has to do to get with the best product at the best price is to identify every requirement, find a product that meets all of the criteria, negotiate the best price and get it all done before the product becomes obsolete or the supplier goes out of business. Many successful and not so successful selections have been made. Learn from those efforts and remove time and risk from your next selection.

reduce maintenance costs roi  Procurement Time And Risk Reduce IT Procurement Time And Risk J. Dowling - March 12, 2001 Introduction   All one has to do to get the best product at the best price is to identify every requirement, find a product that meets all of the criteria, negotiate the best price and get it all done before the product becomes obsolete or the supplier goes out of business. Many successful and not so successful selections have been made. Learn from those efforts and remove time and risk from your next selection. Read More

The ROI Dilemma - Part 1 - Look at how bad you Look!


If you're going to use ROI in order to find new business or, justify your solution, be careful. ROI is a loaded gun and you might just shoot yourself.

reduce maintenance costs roi  just like Jared and reduce your weight from 180 kilos to 80 kilos. What great ROI! Subway has become the fastest growing restaurant chain in the world. They''ve surpassed McDonalds in revenue growth! Now, does Subway spend their advertising budget each year focusing on how FAT Jared was when he ate other fast foods? Do they explain that, in addition to eating Subway sandwiches, he happened to be on an exercise program that helped him lose the 100 kilos? The answer is No and NO! It''s a subtle difference Read More

Justification of ERP Investments Part Three: Costs of Implementing an ERP System


Enterprise resource planning (ERP) implementation costs can be divided into one-time costs and ongoing annual costs. Both types of costs can be segmented into hardware, software, external assistance, and internal personnel. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

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ROI Case Study: IBM Business Analytics, Accelrys


IBM Cognos Express Xcelerator helped this software and services company earn a 586 percent ROI in just three months by providing deeper insights about products, services and costs.

reduce maintenance costs roi  IBM Cognos Express,IBM business analytics,IBM Cognos Express Xcelerator 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 growth and cautious new technology introduction as a consequence. Owing to its slow growth, ROI has achieved a small market presence in general and insignificant global brand awareness, an undeveloped channel outside of the North American market.

reduce maintenance costs 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, with Read More