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Assets & Machinery

1. Purchasing, operating and maintaining machinery or other assets costs money. Identifying and following these in the system helps calculate accurate hourly costs or lifetime cost. This allows for more precise pricing and estimates, plus it can help aligning wages with margin created.
 

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2. For transport or transported machinery and vehicles, using GPS data gives more control over their whereabouts saving on administrative and communication costs.

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3. Digital data provided by appropriately equipped modern machines and vehicles can be imported into the system giving more control about their actions. Examples could be the number of manufactured parts a CNC machine produces, the time a truck dumps its contents, weight changes in its load, or engine, tyre fault alerts to maintenance. This provides more precise data with less administrative cost.

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4. Fuelling data spreadsheets or electronic reports can be imported into the system saving on administrative costs.

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5. In an integrated system, incoming invoices can be linked to specific machines, vehicles or assets, giving more control over actual, specific costs. This provides more accurate information and saves administrative costs.

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6. Documents, insurance details for vehicles and machines can be followed in the system, saving on administrative costs and making it less likely you lose out on important expiry dates.

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Contents

Section 1

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Department-specific benefits

Section 4

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Change Management

Section 2

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Restructuring benefits

Section 5

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System related operational risks

Section 3

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Modelling

Section 6

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Interconnectedness
of systems

Section 7

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Other system gains

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