Asset Management ROI Calculator

How much are inefficiencies costing your organization?

Using an enterprise asset management system or CMMS to track equipment maintenance and ensure that your assets are operating at peak performance and efficiency are key factors in improving the reliability and availability of physical assets while minimizing downtime and lowering operating costs.

Asset performance management software like Infor EAM provides visibility between production management (producing the product) and asset management (ensuring the capability and availability to produce).

By taking a few moments to answer the questions below, we can help you discover how an enterprise asset management system can save you money and pay for itself in a short period of time. The amounts displayed in the calculated fields are based on the currency automatically selected according to your browser settings.

Workforce

How many full time employees are responsible for maintenance activities in your organization?*

How many hours, on average, does a full time maintenance employee work each week?*

How many weeks, on average, does a full time maintenance employee work per year?*

Total Full Time Maintenance Hours Per Year -

How many part time employees are responsible for maintenance activities in your organization?*

How many hours, on average, does a part time maintenance employee work each week?*

How many weeks, on average, does a part time maintenance employee work per year?*

Total Part Time Maintenance Hours Per Year -

What is the average hourly rate for an employee responsible for maintenance activities in your organization?*

What is the average amount of downtime you experience waiting for spare parts not available in inventory?* (No inventory Management System = 6% to 10%, Manual Inventory Management System = 3% to 5%,
Computerized Inventory Management System = 1% to 2%)

What is the percentage of time lost by reviewing information in work orders and maintenance instructions?* (No Existing Work Order Management System = 5%, Digital Work Order Management System = 1%)

What is the percentage of time lost because of the inability to prioritize work orders or poor maintenance instructions?* (No Existing Work Order Management System = 5%, Digital Work Order Management System = 1%)

Total Downtime Percentage Due to Inefficiencies -

Total Maintenance Hours Lost Due to Lack of Parts Available to Execute Work Orders -

Total Maintenance Hours Lost Due to Inefficiencies in the Work Order Review Process -

Total Maintenance Hours Lost Due to Inability to Prioritize Work Orders -

Total Maintenance Hours Lost Per Year -

Total Annual Cost of Inefficiencies in Workforce Management -

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Equipment Downtime

How many production lines are operating in your environment?*

How many hours per shift are scheduled for production using critical equipment?*

How many production shifts are scheduled each day?*

How many days of production are scheduled each year?*

What is the average value of the goods produced per hour?*

Total Available Production Hours Per Year -

Total Value of Goods Produced Per Year -

What percentage of downtime have you experienced because of unplanned maintenance activities?* (Best in Class EAM Solution = 3% to 5%, Digital CMMS System = 10% to 15%,
No Digital Maintenance System = 16% to 30%)

Please select a percentage based on your current MRO work order management system that best aligns with your business processes.* (No Existing Work Order Management System = 15%, With an Inventory OR Work Order Management System = 10%,
With an Inventory AND Work Order Management System = 5%)

Total Production Value Lost Due to Unplanned Maintenance -

Total Production Value Lost Due to Inefficiencies in Maintenance -

Total Annual Cost of Inefficiencies in Equipment Downtime -

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Spare Parts Inventory

What is the value of the MRO related purchase orders executed in the last year?*

What is the value of your current MRO inventory?*

Please select the percentage based on your current inventory management system that best aligns with your business processes.* (No Inventory Management System = 10%, Manual Inventory Management System = 5%,
Other computerized Inventory Management System = 1%)

Total Annual Cost of Inefficiencies in Inventory Procurement -

Total Current Cost of Inefficiencies in Inventory Procurement -

Total Cost of Inefficiencies of Excess Spare Parts Inventory -

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Totals

Total Annual Cost of Inefficiencies in Workforce Management -

Total Annual Cost of Inefficiencies in Equipment Downtime -

Total Cost of Inefficiencies of Excess Spare Parts Inventory -

Current Total Cost of Inefficiencies -

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Asset Management ROI Calculator

How much are inefficiencies costing your organization?

Workforce

Equipment Downtime

Spare Parts Inventory

Totals

Contact Information

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