What is readyAsset?

 

It is an adaptable maintenance software,
for small companies and personal use

 

 

Return On Investment (ROI)
 
What is ROI? FReturn of investmentor a given use of money in an enterprise, the ROI
(return on investment) is how much profit or cost saving is
realized. An ROI calculation is sometimes used along with
other approaches to develop a business case for a given proposal.

In the maintenance area, the more equipment you have,
the more you can save, so here we are going to show you some
examples of situation where you can identify a lot of ways to save by implementing and
scheduling maintenance with readyAsset. Enjoy the next scenarios:

 

 

 
Scenario 1: You manage a fleet of 10 Vehicles 
 

    Assumptions

              

Direct results by

applying maintenance routines    

 ROI calculation

 


  • Each Vehicle cost: 3,000.USD

  • Depreciation value of each vehicle in a year (8 years table): 375 USD

  • Fleet Gas cost in a year> 10 Vehicles* 50Gals Per Month * price 4 USD * 12 Month= 24,000 USD
 

 

 

 

  •  Extent your asset life up to 2-3 years, based on your depreciation: 750 USD

  • Improve your Fleet gas consumption from 2% up to 5%> 2% of 24,000 usd = 480 USD

  • Total 1,230  USD

 

 

  •  Unique investment on readyAsset> 219.00 USD

  • Year saving > 750.00 USD 

 

  • ROI = (1,230 - 219)/219 = 461.6%

 

   

 

 
Scenario 2: You manage a line of production, 3 equipment 
 

    Assumptions

              

Direct results by

knowing when to apply maintenance

 ROI calculation

 


  • Units produced by Equipment by day > 50 Units

  • Price per unit> 5 USD

  • Total production in a day> 50 Units, per 3 equipment, per 5 usd = 750 USD

 

 

  • Equipment availability, you save at least in a day> 750 Usd

  • Total 750 usd

 

 

  • Unique investment on readyAsset> 219.00 USD

  • Year Saving > 750.00 USD

  • ROI = (750-219)/219 = 242.4% 

 

 
 
 
Scenario 3: You own an asset, be a home, motorcycle, building
 

    Assumptions

              

Direct results by

 applying maintenance and reducing spare parts because unexpected fails

 ROI calculation

 


  • Asset Value> 8,000 USD

  • Average price of replacement parts> 70.00 usd

 

 

  • 5 parts replacement per year> 225 usd

  • Total 350 usd

 

 

  • Unique investment on readyAsset> 219.00 USD

  • Year Saving > 350.00 USD

  • ROI = (350-219)/219 = 59.8%

 

  
 

 
 

Categories for improvement and saving

 

  • Reduce equipment fails time and count, how many times your equipment failed and how much?
  • Reduce equipment part replacement cost, how many parts get damaged because a failure?
  • Equipment availability, one day of no disponibility in production days
  • Reduce damaged part because unexpected equipment fails how much do you invest on parts in a year
  • Extent your asset life up to 2-3 years, based on your depreciation cost
  • Save on employee labor hours (people who repair maintenance equipment), employee part time saving
  • Improve your equipment gas consumption (equipment, vehicles, fleet), from 2 up to 5% on gas saving and performance
  • Extent your warranty conditions, Warranty Value extended
  • External services costs

 


Download a free trial no risk!

 

 

 
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