A Cheat Sheet for Reducing Costs in FM
Operating workplaces safely and efficiently involves balancing the expectations of building users against the cost of providing services, and places renewed emphasis on business process optimisation (BPO) in facilities management.
Manage Your Assets Digitally
According to some reports, up to 30% of fixed assets in facilities management businesses go unaccounted for, resulting in thousands of pounds of ‘ghost assets’ having to be written off every year.
Digital assets management can help overcome the phenomenon.
Control Your Supply Chain
Installing computer-aided facilities management (CAFM) systems can help organisations track job orders and understand which suppliers are delivering the best value for money.
Installing computer-aided facilities management (CAFM) systems can help organisations track job orders and understand which suppliers are delivering the best value for money.
With water conservation now a feature of the environmental agenda, shopping around for water contracts is a sensible option, aided by the emergence of a new breed of comparison websites, including the Business Water Shop.
With water conservation now a feature of the environmental agenda, shopping around for water contracts is a sensible option, aided by the emergence of a new breed of comparison websites, including the Business Water Shop.
Raising employee productivity also pays dividends and can often be implemented by introducing imaginative incentive and reward programmes with little additional cost.
Raising employee productivity also pays dividends and can often be implemented by introducing imaginative incentive and reward programmes with little additional cost.
Continuing professional development (CPD) to allow employees to develop new skillsets, and workplace surveys - which have the added attraction of involving employees in feedback and improving internal communications, are two common approaches.
So if you are seeking a quick fix to cut costs whilst enhancing productivity, give these strategies a try.