2 min read

HOW TO SAVE MONEY & COME IN ON-TIME: LEVERAGE AN FM PARTNER TO BETTER MANAGE CAPITAL PROJECTS AND SPEND

By Vixxo Management on Feb 19, 2020 1:10:00 PM

No matter the size of your business, the industry you’re in or the number of locations you have, it’s almost certain that you’ll have to plan capital projects.

Topics: Facility Management Specialty Projects Cost Efficiencies
3 min read

A Strong Relationship With Your FM Partner Aligns Preventative Scope With Your Financial Goals

By Vixxo Management on Dec 23, 2019 1:05:00 PM

Keeping facilities up and running is a critical concern for everyone from the C-suite to facilities managers and front line workers. With less downtime, there are fewer disruptions, more productivity and an enhanced customer experience.

Topics: HVAC Refrigeration Facility Management Plumbing Cost Efficiencies Electrical
3 min read

Hidden Costs Of A Facilities Maintenance Work Order

By Vixxo Management on Aug 15, 2019 1:01:00 PM

In theory, utilizing service providers with lower rates would reduce the overall cost of facility maintenance. However, the hourly rate charged by technicians is only one factor that should be considered.

Topics: Service Technicians and Coverage Facility Management Cost Efficiencies
6 min read

Creating A Best-In-Class Facility Management Budget

By Vixxo Management on Aug 11, 2019 1:02:00 PM

According to Reliability Web, maintenance management typically makes up 40% to 50% of operational budgets. Therefore, the possible savings from increased efficiency, such as the ability to spend money where it will create the most value and reducing the number of unnecessary maintenance orders, is significant. Supporting this, Transcendent reported that the average company can save between 12% and 18% of their maintenance budgets by prioritizing preventive maintenance over reactive maintenance. 

Topics: Facility Management Cost Efficiencies
3 min read

Controlling Facilities Management Costs

By Vixxo Management on Jul 16, 2019 12:51:00 PM

Understanding the maintenance cost structure of a single facility can be a challenge. Stakeholders first need to uncover where their spend is going and measure the effectiveness of their facilities management program. Organizations with nationwide facilities face a more daunting challenge, as getting visibility into spend per location may be difficult to achieve.

Topics: Facility Management Analytics & Data Insights Cost Efficiencies Technology