The right preventive and predictive maintenance strategy can have a significant impact on your organization’s bottom line. Deferred maintenance is associated with the dramatic rise in repair costs, equal to the squared total cost of the original repair. To avoid these unnecessary expenses, Facilities Managers need to take an aggressive approach to switch from deferred […]Read More..
Reactive maintenance is defined as maintenance activities that are in response to a problem, such as a malfunctioning HVAC unit. The nature of reactive maintenance means that the asset must physically break down or fail to trigger work orders and responses. Unfortunately, a reactive maintenance approach leads to severe consequences for building occupants and capital […]Read More..
Analytics are an innovation, a driver of change, and an accelerant in simplifying facilities management. While they use advanced algorithms and cloud-computing capabilities, their insights lessen delays for Facilities Managers, improve accountability and viability, and enhance facilities management project outcomes. In fact, a Forrester Research survey, reports Service Channel, found only 12 percent of data and organization is […]Read More..
Today’s Facility Managers have an endless list of responsibilities while the trend is for their companies to actively cut facilities management budgets in an effort to reduce costs. Unfortunately, this may lead to the deterioration of assets and potentially higher repair costs down the road, but understanding the value and application of energy management data […]Read More..
Both energy management systems (EMS) and building management systems (BMS) empower facilities managers with information regarding asset condition and energy use. Although the combination is a go-to solution for modern facilities management, the systems are often mistaken for one another. However, an energy management platform is significantly different from building management systems. Facilities Managers that […]Read More..
The building condition score reveals the value of the costs of repairing your facility assets, including the building, compared to the total replacement costs. In other words, the measure indicates the current level of repairs necessary in your facility and how they stack up against replacing assets. Depending on the severity of needed repairs and […]Read More..
Predictive maintenance will revolutionize vendor relations and extend asset health in profound ways. Predictive Maintenance performance testing refers to the use of automated systems and software suites to drive savings in facilities management. Facilities Managers that understand their primary costs, operating demands and patterns throughout their assets can successfully mitigate potential losses and increase the efficacy […]Read More..
Knowing your building condition score is an essential step for effective facilities management. The score provides a snapshot of the overall health and performance of your facilities and the expected total cost of ownership. In addition, it is a comparable term for the facility condition assessment or facility condition index. However, this score is commonly […]Read More..
How often do you think about facility asset visibility? The answer to this question can be tricky. Facilities Managers are responsible for overseeing all operations, but they may be unaware of the historical record surrounding each asset, including when it will or will not function or require maintenance. While a computerized maintenance management system (CMMS) […]Read More..
All customer interactions with employees, stores and websites affect your brand image, notes Business Feed, and the importance of sustainability in energy management for businesses is expanding. Consumers actively look for companies with sustainable practices in place, and those that do not evolve will face the threat of lost consumers and sales. Facilities Managers need […]Read More..