Energy Management

Energy management can be broadly defined as the proactive, organized, and systematic management of energy use in a building or organization to satisfy both environmental and economic requirements.

Energy management is a process that does not limit to large buildings and offices. You can apply the same principles for your home and therefore continue the positive loop explained in the four steps above (collect, identify, act, track).

Preventive maintenance

Preventive maintenance is a popular system that many businesses, companies, and organizations use to schedule particular maintenance tasks that help assets, machinery, and other equipment stay in good, working condition. Tasks are usually scheduled based on time or equipment usage. For example, one machine may require lubrication for every 100 hours of operation while another asset may require an inspection or tune-up on an annual basis. Maintenance checklists are often a critical part of a solid preventive maintenance program.

Preventive maintenance is an important part of facilities management. The goal of a successful preventive maintenance program is to establish consistent practices designed to improve the performance and safety of the equipment at your property.

Vendor Management And Procurement

Vendor management is the process that empowers an organization to take appropriate measures for controlling cost, reducing potential risks related to vendors, ensuring excellent service deliverability, and deriving value from vendors in the long run. This includes researching about the best suitable vendors, sourcing and obtaining pricing information, gauging the quality of work, managing relationships in case of multiple vendors, evaluating performance by setting organizational standards, and ensuring that the payments are always made on time.

So, that’s where the vendor management system or VMS comes in place.