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Real Estate and Facilities Lifecycle Management
sponsored by FAMIS Software, Inc., An Accruent Company
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Posted:
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31 Jul 2008
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Published:
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01 Jun 2007
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Format:
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PDF
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Length:
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22
Page(s)
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Type:
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White Paper
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Language:
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English
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ABSTRACT:
Enterprise spend on real estate and facilities lifecycle management ("REFLM") is over 30% of total spend for the average enterprise, yet, nearly 40% of enterprises report poor or no visibility into this significant category of spend and the processes that support it.
Aberdeen evaluated 254 enterprises in June 2007 and distinguished Best in Class enterprises by two key measures: percentage of REFLM spend under management and visibility into both spend and process. Best in Class enterprises in this study are notable for their superior performance and credit REFLM solutions for delivering the following benefits:
- 5.0% reduction in their total cost of occupancy
- 3.3% reduction in maintenance costs per square foot (psf.)
- 2.6% reduction in the cost of capital improvements
- 56% reduction in amount of time to close facility work orders
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Authors
Andrew Bartolini
Research Director, Global Supply Management
,
Aberdeen Group
Andrew Bartolini is a supply management professional with rich experience in strategic sourcing, business process transformation, and software implementation. He has managed the design and implementation of strategic sourcing and procurement processes for companies across a wide range of industries and has directed strategic sourcing projects exceeding $500 million in total value. His recent focus has been in identifying and leveraging world-class technologies to achieve operational excellence within the procurement and finance functions of Fortune 500 companies. He has held leadership roles in sales, marketing and services at Ariba and Commerce One.
William Browning III
Research Analyst, Global Supply Management
,
Aberdeen Group
William is responsible for research in the area of Strategic Sourcing, providing fact based research and actionable recommendations around strategies for technology utilization and best-in-class practices. Prior to joining Aberdeen he was a consultant for CGI Spend Management Solutions (formerly Silver Oak Solutions), a leading Strategic Sourcing and Spend Management consulting firm. At CGI, William led several category sourcing efforts, analyzing over $200 million of spend and achieving significant client savings, while also performing operations and technology assessments for various clients.
Christopher Dwyer
Research Associate, Global Supply Management
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Aberdeen Group
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BROWSE RELATED
RESOURCES
Application Life-Cycle Management | Business Intelligence | Enterprise | Project Management | Real Estate Industry
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View All Resources
sponsored by FAMIS Software, Inc., An Accruent Company
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