ATrac Maintenance: Why now is the right time. 7 Reasons why Enterprises are buying Computerised Maintenance Manage-ment Systems in times of economic turmoil.

May 2012

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IntroductionIntroductionIntroductionIntroduction Volatile stock markets, a continuing risk of inflation and euro zone instability, just three of the reasons businesses give for not investing at the moment. So why are more and more companies choosing to deploy computerised maintenance management systems? This whitepaper provides 7 key rea-sons why businesses choose to invest in CMMS during this time of economic turmoil. “It’s the economy “It’s the economy “It’s the economy “It’s the economy ---- stupid” stupid” stupid” stupid” The words above were made famous during Bill Clin-ton’s1992 campaign for the presidency. But those words also sum up why more and more companies are choosing to deploy CMMSs during these uncertain times. After all, a CMMS is designed to ensure that you get more out of the assets you already own without spending more money. Good maintenance keeps assets working. In uncertain times it makes sense to focus on keeping your assets work-ing rather than to invest in new ones. Cost saving as profit growthCost saving as profit growthCost saving as profit growthCost saving as profit growth With demand low, and competition high, businesses need to ensure that they are thoroughly analysing every aspect of their business for cost saving opportunities. Ongoing main-tenance costs can be dramatically reduced through deploy-ing a CMMS. Every penny saved goes straight to the bot-tom line. With a profit margin of 20%, a company would have to increase sales by £5 for every £1 saved.

“It is not the strongest of the species that survives, nor the most intelligent, but the ones most respon-sive to change”. Charles Darwin

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SustainabilitySustainabilitySustainabilitySustainability For high growth companies, sustainability is not simply a buzz word. In essence sustainability is about using less re-sources to achieve the same ends. Sustainability therefore lends itself to be interpreted in terms of lean operations and continuous improvement. Adopting a CMMS system cuts costs, prolongs the lifetime of your assets and adds value directly to the bottom line. That’s sustainability. Continuous improvement Continuous improvement Continuous improvement Continuous improvement We all know that we can do better, but where do we start? Any good CMMS will provide you with the business data not only for initiating improvement techniques but also for monitoring whether or not they are successful. Contractor accountabilityContractor accountabilityContractor accountabilityContractor accountability Focusing upon your core business and outsourcing all non core functions makes complete business sense, only as long as you are able to hold your contractors accountable. A CMMS system ensures that not only are your contractors automatically informed of works orders, but that you see in real time how they are performing against their Service Level Agreement Regulatory complianceRegulatory complianceRegulatory complianceRegulatory compliance With more and more compliance regulations being initiated it becomes harder and harder for companies to ensure that they are complying with the law. Installing a CMMS will en-sure that you can plan and monitor regulatory compliance as well as providing you with an audit trail should you need evidence. Conclusion:Conclusion:Conclusion:Conclusion:---- More and more business are investing in Computerised Maintenance Management Systems during these uncertain economic times because—it makes business sense.

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