Sustainable Cost Savings

Due to the economic downturn and a decrease in demand, many companies have executed drastic cost cutting initiatives. Although probably justifiable for the short term, we all know that these so-called “quick wins” can have serious drawbacks on the long term.

By proactively monitoring your maintenance cost levels in your computerized maintenance management software (CMMS), you will have the ability to reduce costs in a sustainable way. In fact, organizations are able to reduce maintenance spending by 20-50% by implementing a sustainable cost savings initiative.

During this session, guest speaker Remco Jonker from Mainnovation provides an overview of the Cost Control Improvement Cycle, and discusses:

1) Asset based budgeting
2) The concept of gate-keeping
3) The use of reports and KPI’s to support processes

Upcoming Live Best Practices Webinar

Topic: Condition Monitoring with Thermal Imaging Sensor to Enhance Your Reliability Program
Date: Wednesday, September 13, 2017
Time: 11:00am – 12:00pm ET (10:00am CT, 9:00am MT, 8:00am PT, 4:00pm GMT)
Speaker: Frederic Baudart, Lead Product Application Specialist, Fluke

During this month’s Best Practices Webinar session, Frederic Baudart, Lead Product Application Specialist at Fluke Corporation, will discuss the Fluke 3500 FC Series Condition Monitoring System.

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