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CMMS ROI Estimator with Craig Shepard We will begin the webinar shortly. 1 Eastern 12 Central 11 Mountain 10 Pacific For audio: In U.S. and Canada dial 1-866-740-1260 International dial 303-248-0285 Access code 3283235

CMMS ROI Estimator

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Page 1: CMMS ROI Estimator

CMMS ROI Estimatorwith Craig Shepard

We will begin the webinar shortly.1 Eastern

12 Central11 Mountain10 Pacific

For audio:In U.S. and Canada dial 1-866-740-1260

International dial 303-248-0285

Access code 3283235

Page 2: CMMS ROI Estimator

About MicroMain• Headquarters in Austin, TX• We’ve been providing facilities with award-winning asset

maintenance and facility management software since 1991

• MicroMain offers CMMS, CAFM and Capital Planning software and services

• Special version for Healthcare

Page 3: CMMS ROI Estimator

Our Customers• Over 3,700 customers worldwide

Walter Reed Hospital

Page 4: CMMS ROI Estimator

Identify 5 areas affected by CMMS software

First, we’ll review CMMS software functionality. Maintenance software gives you the ability to document, monitor, and report on critical areas. The data CMMS software provides gives you an opportunity to improve processes and performance while reducing costs.

Next, we’ll walk through the ROI Estimator to provide you with an example of its use.

Finally, you will have access to the ROI Estimator so that you can apply your company’s specific information.

Page 5: CMMS ROI Estimator

Evaluate potential savings in these areas:

• Extending asset life• Maintaining proper inventory levels• Increasing productivity and reducing overtime• Reducing utility usage• Equipment downtime

Results will vary for each company.

Accuracy of ROI Estimator is improved when actual data for your company is used.

Page 6: CMMS ROI Estimator

Increasing asset life• Here’s a basic example: All assets have a predicted life span. If,

for example, a piece of equipment costs $50,000 and is expected to be in service for 10 years, the asset cost per year is $5,000. Asset failure even 6 months before predicted life end results in a loss of $2,500.

• Effective, routine scheduled preventive maintenance helps ensure the predicted lifespan of assets is maximized.

• Review your company’s assets and measure the actual versus predicted lifespan. Focus on critical assets. How many assets are there? What is the asset value?

• This information gives you the data you need to estimate improved asset life and savings achieved when effective preventive maintenance is scheduled and executed.

Page 7: CMMS ROI Estimator

Maintaining proper inventory levels• Effectively monitor and report on parts usage.• Use collected data to maintain parts inventory at

appropriate level.• Overstocking parts commits budget dollars before they

are genuinely needed. • Overstocking parts opens the door to revenue loss

should parts become obsolete.• Depleted inventory slows maintenance performance –

don’t run out of parts!• Review your company’s parts usage, inventory levels, and

parts obsolescence to identify opportunities for improvement.

Page 8: CMMS ROI Estimator

Increase productivity and reduce overtime

• Track and report on actual labor usage. Improve processes to best utilize labor assets and reduce overtime and contract labor costs.

• Automate the creation of work orders and scheduling of tasks.

• Assign labor efficiently based on location, skills, or availability.

• How many maintenance people do you have on staff? How much time is spent waiting for work orders or parts? How much time is dedicated to paperwork?

• Analyze your company’s labor usage. What savings would be created by a 5% improvement in labor usage?

Page 9: CMMS ROI Estimator

Reduce utilities usage• The HVAC system in commercial facilities account for a

significant portion of energy use. • Proper maintenance, inspection, and servicing can reduce

utilities costs.• Review your company’s utilities usage and

repair/replacement costs to identify opportunities for maintenance improvements and cost savings.

Page 10: CMMS ROI Estimator

Equipment downtime• Equipment downtime affects all companies. What are the

key factors affecting your company?• Loss of deliverable product, labor waste, scrap and

rework costs (manufacturing)• Increase property availability (hotel, apartment, office)• Decrease interruptions for facility users (tenants,

students)• Increase comfort of visitors and guests / reduce

complaints• Increase facility access (hospitality, schools, recreation

areas)• Improve compliance / fewer incidents (healthcare, other

regulated industries)

Page 11: CMMS ROI Estimator

CMMS software provides the ability to:

• Improve asset lifespan• Manage parts and inventory• Manage labor• Improve utility consumption• Reduce downtime

Data gathered in CMMS software provides reports that:• Measure current status• Track maintenance activities and costs• Document information that helps you improve performance

and reduce costs

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Let’s look at the ROI Estimator

Page 13: CMMS ROI Estimator

Thank YouAre there any questions?

Chat your questions now or contact us:Email: [email protected] Phone: 888-888-1600 x271Web: www.micromain.com

A link to the recording of the webinar will be emailed to you tomorrow.