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Software Functionality Revealed in Detail
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 roi maintenance cost improvement

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 » roi maintenance cost improvement

Software Evaluation, Selection, and Procurement Part Two: Recommendations for Improvement


Pursuing an alternative strategy for software evaluation and selection, based on the capital investment paradigm and the principles outlined in this article, is an effective method to mitigate implementation risk.

roi maintenance cost improvement  cost of ownership and ROI models. Invariably, when TCO is considered, the lowest priced solution becomes more expensive and the benefits of the cheap price are lost. Conclusion The implementation of any mission-critical software application is fraught with risk. As the Standish Group statistics at the beginning of the article note, over 30% of implementations fail, and over 50% cost more than twice the original estimates. Those are very bad odds that most organizations should not accept. Pursuing an 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.

roi maintenance cost improvement  CRM initiatives generated an ROI between 51 percent and 500 percent, and 30 percent of respondents saying the return was greater than 501 percent. (1) Popping Bubbles - Maximizing CRM ROI, CRM Today (2) IDC: The Financial Impact of CRM, February 2004 (3) The Blueprint for CRM Success, CRMGuru.com, December 2002 (4) CRM Quiz: Where''s the ROI?, CFO Research Services and Saugatuck Technology May 2003 Creating a Cost-Benefit Analysis Assessing three categories—implementation costs, benefits, and 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.

roi maintenance cost improvement  demonstrate return of investments (ROI) from EAM systems, which has been well noted by Ivara, given its emphasis on building a business case for every prospective customer. Further, enterprises require an ever broader suite of extended enterprise resource planning (ERP) functionality ranging from a strong engineering foundation and customer service front end to support demand management, all bundled with a set of administrative and reporting capabilities and integration to financial and human resources 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 path to doing more with less. Return on investment (ROI) becomes even more important in a down economy. Find out why upgrading may be the most effective and direct way for your organization to increase productivity, improve customer service, and reduce costs.

roi maintenance cost improvement  Management Applications: Make the ROI Calculation Speak to the Financial Value of EMAs report made the distinction between external hard and internal soft costs. Hard costs are the first three elements noted above - the cost of software, services and ongoing maintenance - as these are paid for in hard currency. The soft costs are those paid in terms of salaries and benefits to internal employees, a large part of which are often viewed as a fixed cost. berdeen found that approximately 73% of the Read More

The ROI of Your Labor Force


Improving workforce performance can drive corporate performance. Even seemingly small changes in workforce productivity can have a huge impact on the bottom lines of large organizations. Learn how deploying workforce management (WFM) technology can transform your company’s operations, and provide data that improves core human resources (HR) applications like workforce planning, recruiting, and performance management.

roi maintenance cost improvement  | Line Managers | ROI of Labor Force | Rate of Profit | Developing First-Rate Benefits Programs | Comparing Labor Costs with Revenue | Impact Front Line Productivity | Make Fact-based Decisions in Real Time | Personal Data Maintenance | Largest Driver for Value Creation | Strategic Value | Efficient Workforce Scheduling Process | Ncrease Workforce Capacity Utilization and Productivity | Life Events Management | Operational Self-service | Leading Human Resource Organizations | HR Forms and Processes | 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.

roi maintenance cost improvement  maintenance repair overhaul,mro,maintenance software,service repair software,maintenance repair overhaul slip,software repair shops,mro equipement,complex mro Read More

SAP for Aerospace and Defense in the Maintenance, Repair, and Overhaul Industry


Aerospace and defense (A&D) companies are constantly seeking better ways to manage complexity, cut costs, and boost productivity. One of the most challenging areas within the A&D industry is maintenance, repair, and overhaul (MRO). To introduce new efficiencies and reduce MRO costs, many companies are looking beyond standard business practices to new strategies that promise solid business results.

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Manufacturing: Realizing Enterprise ROI


Today more than ever, companies are looking for near-term return on investment (ROI)—and the sooner, the better. That’s why successful solution vendors must now use a much more analytical approach to selling. Customers want assurances that an investment will pay for itself over an acceptable time period—either by increasing the top line, decreasing operating expenses, or both.

roi maintenance cost improvement  Realizing Enterprise ROI Today more than ever, companies are looking for near-term return on investment (ROI)—and the sooner, the better. That’s why successful solution vendors must now use a much more analytical approach to selling. Customers want assurances that an investment will pay for itself over an acceptable time period—either by increasing the top line, decreasing operating expenses, or both. Read More

Continuous Improvement Case Study: Taking Baby Steps towards Tangible Benefits


To improve supply chain operations with a fresh look and new ideas, Harris Tea worked with a consulting firm, Supply Chain Consultants. The objective was to optimize the entire supply chain, not just the pieces.

roi maintenance cost improvement  continuous improvement,Harris Tea,ERP,enterprise resource planning,SCC,Supply Chain Consultants,best-in-class practices,supply chain,supply chain organization 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.

roi maintenance cost improvement  sap,erp,business management software,erp software,erp system,enterprise resource planning,erp crm,erp implementation,erp business,erp systems,erp management,erp definition,erp project,erp solutions,erp ppt 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.

roi maintenance cost improvement  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

Controlling Project Cost Overruns


This white paper examines how Pertmaster can reduce exposure to project cost risk throughout the project lifecycle by using a combination of a high level cost estimate analysis and a detailed schedule-based cost risk analysis. Contingency and management reserve is also discussed.

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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.

roi maintenance cost improvement  global supply chain management,pronto software,sourcing decisions,pm war stories,scalable erp solutions,international trade logistics solution,pronto xi solution,pronto accounting software,global supply chain management and international logistics,international logistics global supply chain management,global supply chain management jobs,global logistics and supply chain management,global logistics supply chain management,global supply chain risk management,what is global supply chain management Read More

Globalization ROI Components


There are many ways to calculate return on investment (ROI) for globalization projects. It’s important to include variables that relate to your company’s products, services, market position, and relationships outside your home market. Though language is an obvious component, there is more involved to making a product tailored for locale-specific opportunities. Learn how to calculate ROI for your globalization initiatives.

roi maintenance cost improvement  ROI Components There are many ways to calculate return on investment (ROI) for globalization projects. It’s important to include variables that relate to your company’s products, services, market position, and relationships outside your home market. Though language is an obvious component, there is more involved to making a product tailored for locale-specific opportunities. Learn how to calculate ROI for your globalization initiatives. Read More

Process Improvement and the Balanced Scorecard


Process improvement efforts often go hand in hand with a balanced scorecard (BSC). A BSC provides management with a set of key result indicators (KRI) to assess how the company is progressing toward strategic goals, such as “increase customer base.” For this type of goal, the KRI are tied to key performance indicators (KPIs). Explore how an application intelligence platform (AIP) can support a process improvement program.

roi maintenance cost improvement   Read More