What is Prescriptive Maintenance?

What is Prescriptive Maintenance Prescriptive maintenance is the asset maintenance strategy that uses machine learning to adjust operating conditions for desired outcomes, as well as intelligently schedule and plan asset maintenance. Prescriptive maintenance not only looks for failure signatures, but also provides information about how to delay or entirely eliminate equipment failure. These algorithms can

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Key performance indicators

Staff Performance Tracking

Staff Performance Tracking: Why is it vital for your business’s success “You don’t know until you know”, these words hold immense truth, especially when it comes to tracking employee performance and productivity at your company. Performance management increases employee engagement, satisfaction and company productivity levels by enhancing the bottom line. It’s more than just eye-opening

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What are Best Practices for Inventory Management?

Best Practices for Inventory Management If you don’t begin upgrading and streamlining your business operations now, you’ll easily slip into bad habits, inefficient practices, and a high inventory cost. By following the best practices for inventory management, you’ll run and manage an efficient and effective business and warehouse year after year. Following are few of

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covid boost digital transformation in facility management

What are Advantages of Property Technology Systems ( Proptech)

What is property technology or PropTech? PropTech (property technology) is the use of information technology (IT) to help individuals and companies research, buy, sell and manage real estate. Similar to the way FinTech focuses on the use of technology in finance, PropTech uses digital innovation to address the needs of the property industry. Technology isn’t just

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