RECESSION: USING CMMS TECHNOLOGY AS A COMPETITIVE ADVANTAGE

No economy in the world is immune to an economic recession and the recession wind seems to be blowing across Africa. Businesses in the continent are laying of staff in large chunks at the best or closing down operations at the worse. Business managers believe this is the time to scale down drastically on expenditures of any kind. Why not? It just makes sense. Investing in a computerised maintenance management system (CMMS) solution at this time seems economically unreasonable. Is it?

Victor, one of our consultants says that there are compelling reasons why investing in a CMMS solution at this trying times lends itself as a competitive advantage. He has listed a few good reasons in this article:

  1. Immediately Reduce Operating Costs:

Implementing a computerised maintenance management system offers tools which can be used to track and monitor operating costs.

  • Reduced Contractor/Labour Costs: Sorting out your maintenance operations properly means engaging contractors can be done more effectively. Managers can get the most of the hourly wages of contractors.
  • Reduction in stocked items: Having a clear picture of your maintenance needs and the required parts helps managers reduce cost on stocked items by avoiding huge expenses on unnecessary parts. These saving can be used to service other parts of the business.
  • Reduce asset down times: For every production asset down time, the manager incurs losses. Managers can avoid costly down times by effectively managing asset maintenance.

“There can be economy only where there is efficiency”

       … Benjamin Disraeli, Former British Prime Minister

  1. Position your business for growth:

    Yes, economic recessions lend itself as the best time to go hunting. Your competitor’s are closing down or their clients are currently reassessing their options and are considering better alternatives. This of course means they are willing to be wooed. By implementing a CMMS solution, managers can plan and position their businesses to accommodate new clients and growth.

      “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”

                                … Warren Buffet

  2. Increase efficiency and customer satisfaction

    Implementing a CMMS solution means increased rate of service delivery. Duties are clearly delegated and monitored thus increasing productivity and efficiency. This in turn increases customer satisfaction. Businesses can keep their clients happy and satisfied, thus retaining them.

  3. Make informed business decisions:

    CMMS solutions come with intelligent reporting modules. Making intelligent and informed business decisions during a recession about the future of your business can be done effectively using automated reports about every aspect of your business. Managers can take advantage of smart dashboards and reports to guide them in making informed decisions about their businesses.

mc_dashboard

Though the successful implementation of a CMMS solution involves contracting the right vendor and choosing the right solution for your business which all costs money, the benefits and the timing could not be any better than now. Giving managers an eagle view of their business and immediately eliminating wastes thereby increasing resource efficiency sounds like a sure way to survive an economic meltdown.

“Someone’s sitting in the shade today because someone planted a tree a long time ago.”

                                                  …Warren Buffet

Sure, the trick is in finding the right solution and the right vendor. With Codub’s unbiased advice, we have worked with various organisations to completely transform their once paper-based, sluggish and inefficient business processes to a fully automated and efficient business while adhering to international best practices and standards.

Click here to find out how this organisation stepped up their level of efficiency over three (3) years ago by adopting an easy to use, web-based solution. They have now positioned themselves for growth and are currently one of the leading facilities management service providers in Africa.

Codub Group QuickSmartFM

Codub Group QuickSmartFM

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