As a facility manager, you’re always looking for ways to improve performance while paying attention to the bottom line.
Your facility needs to stay competitive, especially if any tenants are considering moving to a building that offers a more comfortable environment. But creating a more comfortable environment costs money. How do you convince your higher-ups to implement changes to improve your facility?
Benchmarking is an effective way to measure your facility’s success by comparing it to that of competitors. By doing so, you’ll gain more insight into what your facility is doing right — and what it could be doing better.
Audit Your Energy Efficiency
Is your building doing enough to be energy-efficient? Keeping energy use low is ideal, as doing so reduces energy costs and can attract tenants who are seeking out a more environmentally friendly facility.
One easy way to cut energy costs is to implement smart tech that monitors usage, analyzes the data, and finds ways to reduce energy waste. Updating lighting controls can save buildings anywhere from 20% to 50% in costs.
Becoming more energy-efficient can also reduce your HVAC costs and introduce tax breaks for going green.
See How Safe Your Building Really Is
Building safety isn’t just important for the bottom line — protecting your facility keeps tenants safe and assets protected.
Facility managers can benchmark the safety of their building by following necessary steps, but a building can’t be too safe.
Preventative maintenance is perhaps the best way to keep facilities running smoothly while mitigating risk. Instead of fixing problems as they occur, facility managers can find potential problems and send staff to address them.
By protecting facilities from potential issues, facility managers can also avoid costly fixes in the event of equipment breaking down completely. Plus, a broken electrical circuit that forces tenants to leave the building could convince them to look for a new building altogether.
Benefits of Facility Management Software
The best way to compete with other facilities is to improve yours, and doing so is becoming increasingly easier through tech. Facility management software (FMS) and the internet of things (IoT) are changing the field, making facility managers’ roles easier while saving money, increasing efficiency, and creating a better environment for tenants.
Most facility managers already believe that investing in IoT will pay off in a big way, too. Odds are that your competitor is already using IoT or is planning to do so in the near future, as 65% of entreprises plan on adopting IoT by 2020.
The fact that so many facility managers are already using IoT to improve their facilities is proof enough that your facility should begin implementing tech. Of course, various types of tech are available, from IoT sensors to smart devices to FMS.
For example, SmartCSM is a facility management software that maps the entire electrical infrastructure of a facility. This makes it easier for facility managers to find problems and address them in a timely manner.
SmartCSM collects data, so you’ll be able to benchmark your future performance against previous numbers.
Also, because SmartCSM’s FMS can be accessed from any internet-connected device, facility managers can address issues from anywhere in the world at any time.
Benchmarking exposes areas of weakness in your facility, and because of current trends, your facility may not be smart enough. But with a few tweaks, your facility can become more affordable, desirable, and effective than ever.