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 cmms help for financial services


Use CMMS to Improve PdM Performance
Companies that have moved from a highly reactive environment to a more planned one notice significant improvement. A computer maintenance management system

cmms help for financial services  and PdM maintenance. A CMMS can help calculate the total cost of downtime and poor quality, as part of the optimal balance calculation. Perhaps surprisingly, not many companies track these costs. Additionally, the CMMS can help identify the root cause of maintenance-related failure or quality problems, so that the frequency of maintenance can be reduced through prevention, (such as the training of operators) or condition monitoring, (such as a vibration analysis). This is critical to the success of any ma

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Browse RFP templates

Visit the TEC store for RFP templates that can save you weeks and months of requirements gathering, and help ensure the succes of your software selection project.

Browse Now
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

CMMS - EAM Software Evaluation Report

The EAM Software Evaluation Report is geared toward groups that need to analyze requirements for a system, which supports maintenance management tasks. Asset management systems typically enable planning, controlling, and monitoring of physical asset events. This Software Evaluation Report includes criteria for comparing general computerized maintenance management system (CMMS) functionality, fleet maintenance, workflow, reporting, and other areas that touch upon asset management practices. 

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"Once Bitten” Vendor Is Not “Twice Shy” about New Acquisition


IFS Defence Ltd., a joint venture between BAE Systems and IFS, recently acquired iSC, a British custom software firm. However, some product integration issues and questions about long-term benefits for IFS customers outside the defense sector should be monitored.

cmms help for financial services  (see Reliability-driven Maintenance—Closing the CMMS “Value Gap”? ). Additionally, preventive maintenance and condition-monitoring techniques also extend the lives of the assets, thereby saving on capital expenditure. Also, EAM extended beyond individual maintenance work orders improves spare part inventory management and procurement, enabling the purchasing department to negotiate better volume discounts, component call-offs, and consignments, among other advantages. And, there are benefits on the Read More

Use a Computerized Maintenance Management System to Improve Predictive Maintenance Performance


Companies that have moved from a highly reactive environment to a more planned one notice significant improvement. A computer maintenance management or enterprise asset management system is useful tool to create a planned environment, help build accurate equipment history, and develop comprehensive analysis capability.

cmms help for financial services  and PdM maintenance. A CMMS can help calculate the total cost of downtime and poor quality as part of the optimal balance calculation. Perhaps surprisingly, not many companies track these costs. Additionally, the CMMS can help identify the root cause of maintenance-related failure or quality problems so that the frequency of maintenance can be reduced through prevention (such as the training of operators) or condition monitoring (such as a vibration analysis). This is critical to the success of any Read More

10 Pitfalls to Avoid when Selecting a CMMS/EAM


As you look for ways to get the most out of your existing operating assets, enterprise asset management (EAM) and computerized maintenance management system (CMMS) solutions are key. However, when it comes to researching, selecting, and implementing the right EAM/CMMS software, you need to avoid several mistakes. Discover 10 common errors you should avoid if you’re looking for a new or replacement EAM or CMMS solution.

cmms help for financial services  EAM CMMS , EAM CMMS Software , EAM Consultant . INTRODUCTION As companies search for ways to get the most out of their existing operating assets, Enterprise Asset Management (CMMS/ EAM) software packages are key. However, when it comes to researching, selecting and implementing the right CMMS/EAM, some of the same mistakes have been made for decades and some new ones have emerged. This white paper, written by expert David Berger, explores 10 of the more common mistakes you should avoid if you are looking Read More

Developing an Effective CMMS Implementation Plan


Today’s maintenance staff is tasked with doing more with less. The challenge here is that their efficiency ratings when measured can be as low as 10% to 40%. So where does your maintenance department stand in terms of these statistics? Although CMMS software has been around for more than 20 years, and the adoption rate continues to climb, many companies still struggle with creating an efficient centralized maintenance and operations program.

cmms help for financial services  to procure a new CMMS means they can finally have one system to meet everyone's needs. Remember, the software is merely one piece of an all- encompassing maintenance and operations program. Once you begin this process, you will find that managing people's expectations early on will help streamline the project. During the project definition process, maintenance and reliability issues that arise can be categorized in the three key areas first assessed including, people, process (business practices) and tool Read More

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Founded in 1888, Financial Times is an international daily newspaper. The publication focuses on international economic and business news.

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Supply Chain Risk Management for Wholesale Distribution Companies: Planning for Disruption


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Business Services and Consulting


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However, the line between the two types is sometimes blurry. For instance, a company may provide shipping logistics services for a client (or for the client's clients), in the sense that it handles the shipping of goods for the client; but it can also provide consulting services (or extend its own logistics services) to help the client improve the transportation system already in place.

cmms help for financial services  Services and Consulting There are several ways to define the business services and consulting industry, but they all make a clear distinction between business services (services a client cannot or does not want to perform in-house) and consulting (services that will improve a client's activities). Of course, these two different types of activities can be combined into one, depending on the client's requirements. However, the line between the two types is sometimes blurry. For instance, a company Read More