When red-lined maintenance-cost items start jumping out with alarming regularity from gray columns of spreadsheet and budget report figures, most maintenance managers look for ways to regain control. Two recent data-analysis products introduced by well-known industry suppliers highlight the wide spectrum of tools that are available to make the process less painful.
For example, RPMGlobal (RPM) announced it has developed a Maintenance Cost Budgeting (MCB) solution that it claims fills a gap that the industry has struggled with for many years. MCB, said RPM, is about continually reforecasting throughout the year, not simply preparing a budget and forgetting about it. MCB is not a product but a process, according to the company, offering capabilities unlocked through RPM’s Enterprise solutions that provide the ability to connect information from disparate systems.
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