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: Selling the Value of Facilities Management
Date: Wednesday, January 18, 2017
Time: 11:00am – 12:00pm ET (10:00am CT, 9:00am MT, 8:00am PT, 4:00pm GMT)
Speaker: John Rimer, CFM, President of FM360

During this presentation, John Rimer, CFM, President of FM360 discuss these and other important steps that will help with the development, marketing, and approval of your business case and selling of your overall facilities program.

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