3 Types of Maintenance Strategies for 2018 – Bonus Free WEBINAR

3 Types of Maintenance Strategies for 2018 – Bonus Free WEBINAR

We’ve all heard the old saying, “Work smarter, not harder.” This carries over to the maintenance industry, one field that is in constant search of ways to decrease asset downtime without increasing the needed manpower.

But without broadening our range of strategies, how can any maintenance team improve if they’re following old, reactive ways? As FacilitiesNet states, one of the hardest parts of implementing a new maintenance strategy is simply getting started.

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4 Ways CMMS Implementation Proves High ROI and Cuts Maintenance Costs

What’s the measurable return on investment (ROI) and cost savings achieved with computerized maintenance management software (CMMS) implementation?

We recently asked maintenance and facility professionals to identify how CMMS software delivers value to their operations programs. We were glad to learn that 88% of facilities with substantial CMMS rollout report significant cost savings, from tens of thousands to millions of dollars. These professionals are armed with insights that prove ROI, improve decision-making, and keep facility assets, processes and labor-aligned.

>> Read more information on the cost savings benefits of CMMS.

Here’s how system-wide CMMS implementation can result in significant cost savings for your organization.

 

CMMS ROI: Reduced costly downtime.

 Asset downtime can impact an entire organization’s operational output. Downtime includes the period during which an asset is unavailable for use, and needs either repaired or replaced. It puts production schedules (and incoming revenue) at a grinding halt.

According to the 2018 State of CMMS Report, the following three industries report the greatest improvements in system reliability and reduced downtime with CMMS implementation:

  • Energy: 87% of respondents in this industry report improved system reliability and reduced downtime with CMMS implementation.
  • Facilities: 85%
  • Transportation: 84%

So how do you measure the potential ROI of lessened downtime? A CMMS enables maintenance teams to track and report downtime down to the plant, process and part. It helps your company better understand where inefficiencies or underperformance occurs. And it takes the guesswork out of benchmark data, and (hopefully) improvements overtime.

>>Related Resource: To access your average downtime and overtime costs to find bottom-line budget effect, read: 3 KPIs to Measure CMMS ROI.

 

CMMS ROI: Improved labor utilization.

 Establish a more effective maintenance planning and scheduling function with a CMMS.

Maintenance techs using a CMMS receive work orders instantly, troubleshoot on the go, and report on progress in real time. Mobile CMMS features also enable maintenance techs to work with more precise tracking of repair information.

With CMMS, maintenance managers are set up for success, and can make more informed decisions related to overtime, technician efficiency and labor costs.

Our research shows organizations that invest in CMMS training see improvements in labor efficiency. Specifically, we asked respondents about the number of maintenance and operations personnel were trained and using the software, along with how their work scheduling and labor efficiency has improved. According to the report, 82% of respondents who use a CMMS report strong improvements to work scheduling and labor efficiency of personnel.

To measure productivity in your organization, track the following KPIs in your organization:

  • Downtime and overtime loss
  • Inventory tracking and organization
  • Reduced asset/machinery lifespan loss

>Related Resource: How to Measure CMMS ROI & Performance.

 

CMMS ROI: Increased asset reliability.

Preventive maintenance (PM) is essential for improving the performance and reliability of maintenance operations. With PM schedules on a CMMS, organizations can automate PMs, keep track of when maintenance is performed, and if it’s getting done on time and in the correct way. Since all PM information resides in one place, maintenance managers have access to unlimited amounts of manufacturer-related specifications and metrics. This is essential for identifying problem areas and opportunities within your organization.

According to the report, 73% of facilities that have 50% or greater preventive ratio report significant cost savings from the CMMS, from tens to thousands to millions of dollars. In addition, organizations that configure most assets in their CMMS report strong improvements to equipment reliability. This is due to the fact that PM schedules on a CMMS routinely service equipment, preventing downtime from occurring.

 

CMMS ROI: Modernized inventory management.

With a CMMS, maintenance teams achieve accurate and efficient inventory control. Take it from the survey: 67% of facilities that have most spare parts managed in their CMMS report strong improvements to parts availability and time to fix.

With a smart inventory and parts managed strategy, organizations save time and avoid mistakes. Technicians can keep track of equipment in the field without having to run back to the office to get parts. Not only does this trim time spent tracking parts, but it also optimizes inventory control operations. As a result, organizations improved speed and accuracy with repairs, as well as cut costs associated with stockout.

Ready to learn more about cutting maintenance costs with CMMS adoption? Use the New Maintenance Connection Cost Savings Calculator to measure your ROI.

How to Calculate Equipment Downtime

Operations and revenue come grinding to a halt whenever unexpected machine downtime rears its ugly head. As a maintenance manager, estimating just how much equipment downtime costs your company per hour is critical; armed with that knowledge you can create a strong business case for investing in a maintenance management system. By automating preventive maintenance and being data-driven with predictive capabilities, managers who get the most out of modern CMMS features can easily increase machine uptime and streamline operations within their department. Have you ever wondered just how much downtime costs your organization on a weekly, monthly, or annual basis?

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How to Successfully Implement a CMMS?

Ready for a shocking statistic? According to Software Advice, approximately 80 to 90% of all computerized management system (CMMS) implementations fail.

Why? CMMS failure can be attributed to poorly defined goals, lack of leadership buy-in, deficient training, a non-intuitive user experience, and more.

For more than 15 years, we’ve worked hand-in-hand with customers on successful CMMS implementations. We’ve tackled the common challenges above, updated our product per user feedback, and focused resources on customer success.

And the result: thousands of successful implementations—from enterprise to smaller shops—and a 98% overall customer satisfaction and project success rating.

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Managing Multiple Locations for Enterprise Wide Visibility

Expanding to new territories and locations is an exciting part of company growth.  But networking and streamlining each site together can seem like a large mountain to climb.  An enterprise maintenance management software can make the feat an easy task by saving a company time and money in any expansion process. The best enterprise maintenance management software providers ensure that the first implementation sets the stage for success so that subsequent sites have a proven framework to follow that is unique to their business model.

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3 Ways to See Higher ROI from Your CMMS

There is a major problem that maintenance professionals face when they try to implement a computerized maintenance management solution (CMMS). This issue prevents them from truly unlocking a CMMS’ potential and getting the full ROI they expect from these systems.  

The cause of these woes is lack of visibility. Even if an organization implements a CMMS, maintenance teams don’t benefit unless as many assets, activities and work orders as possible are visible in the system. And we have the data to prove it. 

In the 2018 State of CMMS Report, Maintenance Connection surveyed 1,000+ maintenance professionals on their operations. Spanning 10 industries, the insights give an invaluable look at how improved visibility translates into significant performance gains for maintenance teams.   Continue reading

What is the Difference Between EAM Software and CMMS?

In the world around us, software has become the great orchestrator of life.  From healthcare to municipalities, there are devices, equipment and even people influenced by technology.  With this new era comes new software and speciality applications for each area of society.  More than ever, companies are faced with the task of choosing the right software to meet their specific needs.  

 

What is a Maintenance Software?

Due to accelerated growth, compliance rules, preventive maintenance requirements and advancing production requests, a large majority of companies now have a great need for a maintenance management software.  Implementing a preventive maintenance program and streamlining daily operations are vital to a company but choosing the right maintenance software can make all the difference to a company succeeding. So what is a maintenance management software?  A maintenance management software is a software implemented to help create, track, manage and report on maintenance work performed on company assets and equipment.  A good maintenance software will also track inventory, labor time, purchase orders and other detailed information needed for reporting purposes.  Unfortunately, it is easy to get overwhelmed when looking for the right maintenance or facility management software.

In this article we will discuss the top two types of maintenance management software: CMMS and EAMS.  

 

What is a CMMS?

So what is a CMMS?  A CMMS is a computerized maintenance management software designed to automate, standardize and manage maintenance performed on equipment and assets. CMMS is one of the original acronyms for a maintenance management software.  A CMMS is most known for its robust ability to manage work orders, labor and maintenance performed within a company.  A CMMS is also centralized communication platform which allows for all maintenance information to be gathered, cultivated, stored and reviewed from any location on a 24/7 basis.  Within the CMMS, a vendor may offer additional capabilities such as labor management, inventory tracking and PO capability.

 

What is an EAM Software?

What is an EAM software?  An EAM software is an enterprise asset management software which allows multi-site and/or multifunctional companies to manage every part of their maintenance operations across departments, locations, facilities, and business functions.  An EAM software moves beyond a CMMS to also incorporate detailed reporting, planning, asset lifecycles and calibration between entities.  Maintenance Connection understands the need for asset lifecycle management.  The ability to forecast the life expectancy of equipment facilitates future budget and maintenance needs.  It also allows a company to plan for future equipment purchases and depreciation of existing assets.

 

In today’s times, there is now a global need for companies to manage operations across locations and on a 24 hour basis.  The IoT is also allowing for more automation of processes, better asset management and monitoring.  Because of this, an EAM functions alongside these features as a maintenance management hub for enterprise companies.

 

Does my company need a CMMS or an EAM?

This is a great question to ask.  Considering that an EAM software contains many aspects of a CMMS, the greater question to ask is what are the needs of your company.  A basic CMMS is great for smaller companies who are mainly interested in tracking work orders and maintenance along with some maintenance reporting.  If a company is medium to large and/or has multiple locations, an enterprise asset management software is a better choice for maintenance management, maintenance reporting and planning, and aligning operations.  An EAM software can also offer integrations and add-ons with current company software to streamline information and processes which a basic CMMS may not have.

 

Whether you choose a CMMS or an EAM software, the total productive maintenance, detailed reporting, cost savings and efficiency are well worth the investment.  Like Maintenance Connection, some vendors are both an EAM and a CMMS. Hear helpful informational videos from EAM/CMMS customer success story videos such as the New York Times and L’Oreal.  If you are in the process of deciding which maintenance management software provider to choose, we have created an informational book called 2018 State of CMMS Score on how maintenance professionals across all industries are using CMMS/EAM software to realize better cost savings, ROI and overall maintenance procedures. Download your copy of the report today.

What is Reactive Maintenance & How Does It Cripples Facility Maintenance?

What You Can Learn from 450+ Facilities Maintenance Professionals

What is Reactive Maintenance:  The definition of Reactive Maintenance is maintenance performed on a equipment ONLY when it has failed or has problems and not on a scheduled and incremental basis.

Does your facility rely on a maintenance strategy in which assets are only serviced if downtime occurs? If so, you may be stuck in the “if it ain’t broke, don’t fix it” scenario of reactive maintenance.  This is called Reactive Maintenance.

Reactive maintenance negatively impacts employee morale, productivity and job safety.   Continue reading

Equipment Failure Analysis – Prevent Equipment Failure in Healthcare

The healthcare industry is heavily dependent on the accuracy and functionality of its equipment.  Not only do lives rely upon equipment running continuously but uptime of medical equipment is required in order to meet compliance standards.

(Note: Click to expand images above)

 

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How Medical Device Manufacturers Prove Compliance with CMMS

Every day, healthcare professionals rely on medical devices that diagnose, treat, prevent and cure medical conditions and diseases. Hospital managers and medical device manufacturers partner to ensure that each part is compliant with regulatory standards.  

For medical device manufacturers, using a computerized maintenance management software (CMMS) is a must. Those with complete systems in place see decreased medical device-related accidents and improved efficiencies.
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What CMMS Implementation Costs Should I Plan For?

When purchasing a computerized maintenance management system (CMMS), most people only consider the initial costs. However, to effectively create a budget for the solution, and gain critical buy-ins from senior management and end-users, you need to look at both initial costs, long-term costs and return on investment benefits. Continue reading

Manufacturing Maintenance: 5 Quality Control & Efficiency Issues to Avoid Downtime

The journey to an efficient maintenance team across any industrial facility or manufacturing plant is dependent on a variety of factors, including an experienced, efficient maintenance staff.

However, without the proper tools in place to measure quality control and efficiency data and benchmarks, the maintenance team risks the possibility of downtime or an inefficient production schedule.

As a result, manufacturers witness breaks in production and are unable to fulfill the requests of customers, compromising quality and driving up maintenance costs.
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How to Create an Equipment Downtime Report in a CMMS

Your company’s true operational foundation is its assets. Those include machines, equipment, technicians performing day-to-day tasks, and more. One of the most important functions across your facility is having equipment up and running as much as possible.

Keep assets operating smoothly by understanding what causes breakdowns and how often repairs are made. An equipment downtime report puts this information at your fingertips.

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2017 State of CMMS Report: Top 3 CMMS Healthcare Insights [Free Download]

From servicing equipment to demonstrating compliance, managing maintenance in a healthcare facility is no small task. To ensure day-to-day operations run according to schedule, healthcare facilities rely on computerized maintenance management software (CMMS).

In an effort to reveal how CMMS implementation directly affects industries like healthcare, we created the 2017 State of CMMS Report. Through our findings, we discovered what sort of return on investment (ROI) professionals experience from CMMS, and how operations improve as CMMS usage increases. The survey also exposed healthcare as one of the more maintenance-intensive industries. For example, 63% of healthcare respondents reported they have more than 500 assets to manage. With more assets comes greater responsibility. Continue reading

3 CMMS Features that Improve Government Maintenance

When it comes to managing maintenance for local, state and federal organizations in the public sector, there’s nothing more important than ensuring uptime, reliability and responsible resource management.

Because governments work to serve the people, an effective maintenance strategy enabled by a CMMS helps organizations to increase asset visibility, improve work order management and diminish asset downtime. Continue reading

Why Healthcare Facilities Need CMMS in 2018

The healthcare industry is constantly changing. In 2018, many hospitals will better structure how they take care of equipment and infrastructure.

From handling patients to managing data, facilities will become more efficient.

 

Keeping up with these changes requires a solution for tracking maintenance. This is exactly why healthcare facilities are turning toward Computerized Maintenance Management Systems (CMMS).

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3 CMMS Features Facility Managers Use for Inventory Management

Managing inventory is a labor-intensive task that requires accuracy and efficiency. Statistics show that sales representatives typically spend 65% of their time on non-customer facing activities, such as inventory control.

As consumer demands change and inventory levels fluctuate, inventory management within a facility is critical for staying ahead of the market—and competition. Continue reading

Maintenance Connection CMMS Wraps 2017 With Another Award Winning Year

January 3, 2018 (Davis, CA) – Maintenance Connection, a long-time frontrunner in the Computerized Maintenance Management Software (CMMS) industry wrapped up 2017 with a handful of award designations.

 

Plant Engineering Product of the Year Finalist

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Maintenance Connection v8.0, originally released in June 2017, has been nominated as a Finalist for Plant Engineering’s 2017 Product of the Year for Maintenance Software.  Plant Engineering is a trade publication that covers maintenance and plant management in both manufacturing and non-manufacturing industries.

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Customer Success: Our Top Priority

Did you know it takes 12 positive experiences to make up for one unresolved negative experience? Or, that according to consumers, customer service representatives fail to answer their questions 50% of the time?  We take facts and figures like this seriously at Maintenance Connection. Continue reading