Equipment related costs are a necessary thing yet there are times when the costs can seem out of control. Here are a few ways to better control inventory expenses and manage your asset tracking more effectively and efficiently.
Statistically speaking and speaking from experience, it is common knowledge that employees typically treat their own tools better than those that are provided for them. There is a simple reason for this – when something is of value to you, you take care of it – especially if it's your own investment.
It can seem like everything is going smoothly when suddenly – BAM, something breaks. It doesn't matter if it's a conveyor belt on your production line or a swimming pool pump – the point is that you need it and you need it now.
One of the costliest sectors of running a maintenance department is asset management. However, keeping your assets in excellent condition is integral to the longevity of your equipment and maintaining an acceptable overhead.
Your facility has so many assets that require monitoring, but If you have elevators, then you know how important it is to keep them working properly. You also know how expensive it can be to replace them.
When it comes to the equipment in your maintenance department, you already know how important it is to keep everything in proper working condition. Managing your assets not only means maintaining your equipment, but everything in your facility.
When it comes to emergency situations where you need electricity – solar backup power is an efficient and green way of ensuring you have the lights on when they're off everywhere else.
Recently, the Indiana Attorney General's Office sued a maintenance director for accepting kickbacks, theft, and bribery. What does this have to do with you?