Resource allocation

Digital inventory management: the ultimate guide for facility managers

Digital inventory management: the ultimate guide for facility managers

Let's face it: it's no surprise that inventory management is also undergoing a digital transformation; almost all industries in Germany and around the world are affected. Or are they benefiting from it? For facility managers, digital inventory management opens up new horizons of efficiency and precision. Whether you are a seasoned professional or an aspiring newcomer to the industry, understanding digital inventory management is not only beneficial - it [...]

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Maturity model: an indispensable tool or just a trendy buzzword?

Maturity model: an indispensable tool or just a trendy buzzword?

In the world of facility management, there are many buzzwords vying for attention. One of them is the maturity model. But is it an indispensable tool or just a trendy buzzword? This question deserves thorough consideration, especially in times when digital transformation is revolutionising the way we work. The maturity model offers companies the opportunity to evaluate and optimise their processes and systems in a targeted manner. It is not just a theoretical concept, but

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5 strategies for effective sales planning for companies

5 strategies for effective sales planning for companies

Precise and strategic sales planning has become (or actually always has been) essential for companies. It forms the basis for well-founded decisions, helps with resource allocation and ensures that financial targets are achieved. But how do you implement effective sales planning? Here are five proven strategies that every organisation should consider: Data-based analyses: start with a thorough market and sales analysis. Utilise historical sales data and

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Project goals: Effective strategies for successful results

Project goals: Effective strategies for successful results

Project objectives are the basic building blocks of any project and serve as a guideline for all those involved. They define what is to be achieved and provide a clear direction for the planning and implementation of project activities. In today's dynamic business world, where requirements and conditions can change quickly, it is essential that project objectives are precisely formulated and well thought out. Not only do they help to keep the focus on the desired results, they also

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Challenges with the introduction of BIM in administration

Why CAFM software is not worth it (or is it)?

CAFM software (Computer Aided Facility Management) is a specialised software solution for facility management. It supports facility managers in the efficient management of resources such as buildings, facilities, properties and workplaces. The software offers various functions, including maintenance management, space planning, inventory management and energy management. CAFM systems are typically modular, giving organisations the flexibility to implement only the modules relevant to their needs. This software is an essential tool for facility managers as it

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Photo Budget spreadsheet

Effective project budgeting: tips and tricks

Project budgeting is an essential part of project management. It is used to precisely plan, monitor and control the financial resources of a project. Accurate budgeting is essential to ensure compliance with the financial framework conditions and to achieve the project objectives at the same time. Through careful budget planning, financial bottlenecks can be identified at an early stage and proactively addressed, which increases the overall efficiency of the project. Efficient project budgeting enables the optimal allocation of financial resources by ensuring that

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The cost of not using CAFM

Facility management tools: Efficient management and optimisation

Facility management tools play a central role in modern business management. They enable efficient management and optimisation of operational processes as well as improved resource utilisation. These software solutions support facility managers in the comprehensive control of all aspects of building management, including maintenance, servicing, space planning and utilisation. The use of facility management tools has been proven to result in cost savings, increased productivity and improved customer satisfaction. By integrating data collection and analysis functions, these tools enable well-founded decision-making processes

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Organisational negligence 2025 in FM: How to avoid it?

Organisational negligence 2025 in FM: How to avoid it?

In the complex world of facility management, organisational negligence (or the previous organisational failure or even "just" organisational negligence) can have far-reaching consequences that go beyond immediate physical damage. From potential property damage and personal injury to long-term damage to an organisation's reputation, the risks are high. This article explores what organisational negligence (because that's at least the allegation at stake...) means, the types of harm that can occur and effective

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Facility Management 4.0: Digital transformation in building management

The importance of corporate strategy

Corporate strategy is a central concept in strategic management and describes a company's long-term plan for achieving its goals and securing sustainable competitive advantages. It encompasses the definition of the company's fundamental direction, the allocation of resources and the coordination of activities across different business areas. An effective corporate strategy is based on a thorough analysis of internal strengths and weaknesses as well as external opportunities and risks. It takes into account factors such as market trends, the competitive landscape, technological

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Effective customer relationship management: CRM for success

Effective customer relationship management: CRM for success

Customer relationship management (CRM) is a central component of corporate strategy. It involves the systematic collection, analysis and use of customer data to optimise business relationships. CRM systems enable companies to track and control customer interactions across various channels. This enables companies to create individualised offers and improve customer service. Effective CRM has been proven to increase customer satisfaction and loyalty. Studies show that satisfied customers are more likely to make repeat purchases and that

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ITIL V3: Effective IT service management

The importance of the IT infrastructure library

The IT Infrastructure Library (ITIL) is an internationally recognised framework for IT service management. It was developed by the British government in the 1980s and has been continuously updated ever since. ITIL provides a systematic approach to the provision and management of IT services. The framework consists of five core areas: Service Strategy Service Design Service Transition Service Operation Continuous Service Improvement These areas cover the entire lifecycle of an IT service, from strategic planning to continuous optimisation. ITIL defines

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Checklist: Frontloading in the planning and construction process

Checklist: Frontloading in the planning and construction process

Frontloading is an important process in the planning and construction process that aims to optimise the planning and preparation of construction projects. The term "frontloading" refers to the idea that much of the planning and preparation work is carried out in the early stages of the project to ensure that all important decisions are made and all potential problems are identified before the actual construction project begins. This approach allows risks to be minimised, costs to be

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What is a Connected Portfolio Intelligence Platform (CPIP) for finance?

What is a Connected Portfolio Intelligence Platform (CPIP) for finance?

A Connected Portfolio Intelligence Platform (CPIP) for organisations in the financial sector or with in-house asset management is a technology solution specifically designed to support asset managers and investment professionals. This platform seamlessly integrates a variety of functions, including comprehensive portfolio management, investment analysis and data-driven decision-making tools, within a unified system. It plays a critical role in the investment sector by providing real-time insights and analytics to help optimise investment strategies. Through its

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Optimised asset management in an industrial environment with CAFM software and IoT technologies.

Strategy in the field of Facility Management: Effective planning and implementation

Strategy in facility management is crucial as it defines the long-term direction and planning of an organisation's resources and activities in the area of building and asset management. A clear and effective strategy helps to achieve facility management goals, optimise costs, increase efficiency and ensure user satisfaction. In addition, a well-thought-out facility management strategy also makes it possible to manage

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CAFM-Software: Everything you should know as a Dummie ;-)

CAFM-Software: Everything you should know as a Dummie ;-)

Are you new to the world of CAFM software and wondering what it's all about? In this comprehensive guide, we'll cover everything you need to know as a newbie. From the features and benefits of CAFM software to the different types available, we'll explore how it works and how you can choose the right one for your needs. Whether you're looking to implement CAFM software in your organisation or simply want more

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Photo Digitalisation in facility management

Digitalisation in facility management: efficient processes and cost savings

Digitalisation has affected and changed all industries in recent years. Facility management has not been spared from this trend either. In this article, we will look at the importance of digitalisation in facility management and highlight the benefits, challenges and solutions as well as the future prospects of this development. Key takeaways Digitalisation in facility management means the integration of technologies and data into the management of buildings and facilities. Advantages

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Photo maintenance management software

Efficient maintenance management, with the right Software solution

Maintenance management plays a crucial role for companies to ensure the efficiency and reliability of their plant and machinery. Effective maintenance planning and execution is essential to minimise downtime, extend equipment life and reduce costs. In today's digital world, it is imperative that companies utilise modern maintenance management software to overcome these challenges. Key Takeaways Maintenance management is of great importance for companies Challenges

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