Caught at the mercy of a tight market for skilled field technicians and stuck in the crosshairs of management directives to boost the bottom line, plant managers often turn to alternative approaches to manage their operations, maintenance, and asset management needs. Among these new approaches is the use of sophisticated asset/equipment management systems. These tactics also include the formation of non-traditional vendor partnerships to outsource non-core processes and build cost-cutting applications. With the goal of lowering costs and improving efficiencies and downtimes, maintenance and production managers across the operational spectrum find themselves integrating these new approaches as a vital part of their plant management arsenal.
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