The maintenance managers we are in contact with understand the great potential in investing in a CMMS. The tricky part is gaining support for this in an organization. In most cases, this is crucial in order to get approval for the investment. In our experience, most companies can save between 15-30% of their maintenance budget, which of course translates into huge annual savings.
Estimating the return on investment for a CMMS project is hard. Most of us understand that all kinds of production are totally dependent on maintenance. Basically, without the right maintenance, production is affected and costs for downtime, waste and quality defects can be huge. Add to that how the value of your customer relations will be hit when delivery is delayed. Another aspect is occupational health and safety for your maintenance and production crews. It is very hard to put a precise value on all of this.
Over the years, we have developed a tool that will very quickly give you an idea of the money that can be saved. The trick is to exclude all the factors that cannot be calculated and focus on those that can. Only then will the result gain credibility and be treated as a fact rather than an estimate. All the other factors will only add up on the positive side, which means the result will be a worst-case scenario rather than wishful thinking.
We focus on three dimensions
– Production operational reliability
– Effective maintenance processes
– Risks, occupational health & safety
We have helped a lot of companies calculate the ROI for their projects. Get in touch with us if you would like us to help you calculate your conditions. Usually, you will not need all of the data our model can process. We simply use what you already have, and you can evaluate it from there. The report will highlight all the areas not being handled, which will only add to the upside.