CMMS ROI – Rapid Return on Investment
Even the best CMMS software does you no good if you cannot justify its purchase. COGZ understands this and provides the low cost COGZ EZ Foundation Program at only $1,080.00 per year. This is a very powerful Web Based CMMS Software consisting of Equipment, Work Order, Preventive Maintenance, Inventory, and Purchasing Modules.
Even in this convenient, easy to purchase form, system justification in the form of Return on Investment (ROI) calculations or a full Business Case analysis is sometimes required. Fortunately, it is easy to justify the purchase of the COGZ CMMS Software. COGZ not only produces a high ROI, but does it rapidly – most companies report recovery of the system cost in months, not years!
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Calculating the return on investment for COGZ CMMS software is relatively easy. Some of the major areas where you will want to investigate the cost saving factors are Labor, Parts, and Downtime. A short list is provided below for your convenience. You will want to investigate those that will provide the largest savings in the shortest time.
- Labor Costs:
- Direct Maintenance
- Direct Overtime Maintenance
- Overtime Production/Staff
- Outside/Contract
- Replacement Parts
- Downtime/Lost Availability
- Equipment Replacement
- Reduced Scrap/Rework
- Customer Turnover/ Dissatisfaction
- Other Costs
Surveys* have consistently shown a 10% to 20% reduction in maintenance labor costs, and a 10% to 15% reduction in parts cost after implementation of a CMMS software. (*Thomas Marketing Information Center.) Some of our clients have reported as much as 50% savings in the first year.
Download the COGZ CMMS ROI Calculator(XLS)
Download the COGZ CMMS ROI Calculator(Zip)