Integrated Maintenance Cost and Budget Management
WhenNov 01, 2015 08:00 AM to
Nov 05, 2015 05:00 PM
With decreasing commodity prices and rising labour costs, profit margins are increasingly squeezed, amidst all the bottlenecks in power, transport, infrastructure etcetera that is happening in Southern Africa. Analysts forecast the situation to improve overtime, albeit extremely slow, and it is imperative for existing businesses to cut costs and improve their bottom-line to tide through this trying period.
For majority of companies operating in Southern Africa, maintenance and MRO materials represent a significant cost to the operations that is within the organisation’s control. The challenge is not in cutting costs, but to reduce expenses and yet improve on the service level and reliability to meet existing business needs. Companies can immediately free up resources tied to redundant inventories/tasks and focus only on impactful activities, based on scientifically proven methodologies such as failure statistics, financial modelling, decision modelling etc.
Led by The Trainer, an international subject matter expert from the United Kingdom with almost 50 years of experience, Salvo Global’s 5-day practical masterclass on “Integrated Maintenance Cost and Budget Management” and “MRO Materials Optimisation and Rationalisation” will impart practical knowledge not only in reducing expenses across all aspects of the maintenance process, but also in making sound financial analysis in all maintenance, materials and asset management decisions, bringing the organisation one step closer to ISO 55000.