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Page 18

— Property Management Quarterly — January 2018

www.crej.com

Maintenance

Y

ou probably have an agree-

ment with a service com-

pany to provide some

combination of scheduled

maintenance, staffing ser-

vices and emergency repairs for

your properties. But the emerging

trend in service providers is a move

toward offering facilities man-

agement partnerships – a more

comprehensive level of operations

management.

This type of partnership tran-

scends standard service agree-

ments because it enables property

managers to not only maintain

smooth building performance, but

also to accelerate the achievement

of long-term business objectives,

such as using technology to maxi-

mize facility uptime and efficiency

while lowering your total cost of

ownership.

If you can you relate to these

issues, you may want to consider

outsourcing to a facilities manage-

ment partner.

You’d like to evolve from reac-

tive to predictive maintenance.

As

maintenance evolves from reactive

to preventive, you can see the glow

of predictive maintenance on the

horizon – but you don’t know how

reach it. A facilities management

partner can recommend or imple-

ment the operations processes and

technologies to get there faster.

Budget should be a four-letter

word.

Who hates budget planning

more – you or the CFO? Many prop-

erty managers feel trapped by the

current budget due to equipment

life expectancy. A facilities man-

agement partner can help evolve

the budget process

and develop a

long-term budget

based on helpful

technologies and a

fresh perspective

on the asset life

expectancy and

the anticipated

costs for mainte-

nance as assets

age.

You’re not sure

what your facili-

ties’ goals should

be.

Not sure how to set meaningful

goals and measure them? A facili-

ties management partner has the

depth of experience to evaluate

the facilities and equipment and

help managers set achievable goals

for performance, energy efficiency

and uptime, as well as appropriate

reporting.

You aren’t achieving management

goals.

Your team is overworked and

are too busy handling day-to-day

duties, routine maintenance and

emergencies. As a result, your long-

term goals get set aside – yet again.

A facilities management partner

can take over some of the daily

operations so the team has more

time for bigger picture issues.

You can’t find qualified work-

ers.

Colorado’s low unemployment

and the high demand for skilled

trade workers has put many in a

bind. Property managers just can’t

find enough qualified people fast

enough. By outsourcing staffing to

a facilities management partner,

you can rely on having enough

staff and closing the skills gap.

You don’t know enough about your

assets.

Tracking every one of your

mechanical assets is a daunting and

difficult task. A facilities manage-

ment partner may offer asset man-

agement technology to accurately

inventory and monitor all mechani-

cal and electrical assets. Today’s

technologies can provide real-time

access to warranty status, mainte-

nance histories, upcoming sched-

uled events, end-of-life forecasts

and more.

You need to reduce supply chain

costs.

You believe you’re spending

too much on parts, equipment and

logistics, but vendors aren’t budg-

ing. A facilities management part-

ner should be large and capable

enough to match materials and

resources to any type of job, and

save managers money through

national bulk-purchasing agree-

ments with original equipment

manufacturers.

It’s too hard to keep up with

technology.

Equipment and tech-

nologies continually become more

complex and intertwined in the

Internet of Things. Ownership

wants technology solutions, but

you don’t know where to start.

A facilities management partner

can help navigate the options and

select technologies that are best for

the asset's needs.

Your in-house team needs train-

ing.

It’s not uncommon to realize

you need to upgrade your team’s

knowledge. A facilities manage-

ment partner often offers OEM and

service training for in-house facili-

ties staff. These partners would

have management's best interests

in mind and help ensure you to

have a stellar team for success.

In addition to the day-to-day

activities, a facilities management

partner can help property managers

achieve long-term business goals in

four ways.

First, facility management part-

ners can help reduced operational

expenses with a variable cost struc-

ture. By switching from a fixed facili-

ties cost structure to the variable

cost structure that an outsourced

partner provides, resource and cost

adjustments can be made as market

conditions change. This structure

also allows for scalable resources,

technologies and specific expertise

only when needed.

Second, these partnerships can

help create peace of mind by provid-

ing property managers with tech-

nical skills, broad knowledge and

experience from multiple industries

on all types of equipment. It also can

provide managers with access to the

top service best practices and tech-

nical capabilities available.

Third, the partnerships can

improve processes and boost pro-

ductivity by reviewing your opera-

tions – including current staffing,

information management costs

and back office functions – and

offer recommendations to help you

implement strategies to boost pro-

ductivity and reduce on-going over-

head costs.

And finally, these partnerships

offer reassurance that your facilities

services can expand as needed. A

good facilities management partner

Explore service provider partnership benefits

Property Manag ement

Providing exceptional service to retail clients,

office and industrial markets of any size.

www.panoramaproperty.com info@panoramaproperty.com

303.996.0960

Tailored commerical property management,

with a personal relationship approach.

How well do you know your property?

SBSA can evaluate your property and provide

e ective

solutions

to recurring facility maintenance, repair, and replacement

SBSA helps clients understand the physical and

financial needs by providing:

- Reserve Studies

- Capital Expenditure Plans

- Property Condition Assessments

- Feasibility Studies

- Risk Reserve Analyses

(877) 221-7272

www.callSBSA.com

- Home Assessments

Chris Westlake

Vice president and

general manager,

RK Service, Denver

Please see Westlake, Page 26