FMs must balance the need to maintain revenue-generating technical apparatuses against growing maintenance costs. With the right technology, however, these costs can be significantly reduced, especially with the right CMMS for facility management.
The overall aggregate wages for the janitorial, food, security, electrical, and plumbing/HVAC contractor industries have risen faster than private wage growth during the pandemic, but have lagged behind consumer price inflation.
Invest in IoT
Countless businesses have seen the benefits of investing in IoT and implementing intelligent automation. In addition to delivering efficiency gains, these technologies also help reduce operational costs by automating time-consuming tasks and eliminating human error. The IoT’s ability to gather, analyze and deliver data also supports business intelligence and back-end performance analysis.
Market commentators are leaving no doubt that enterprises that wish to remain competitive in today’s increasingly challenging environment must invest in the IoT and automate their processes. This can help them achieve cost efficiencies, streamline operations, mitigate risk and optimise back-end performance analysis.
Many IoT solutions focus on energy, which account for 48% of non-fixed operating costs. This is an important area of opportunity, but there are multiple other ways IoT can impact your operating costs that may be less obvious.
For example, by deploying sensors on equipment in your building, IoT can notify you if it’s running outside of normal occupancy hours or is set to an inefficient sequence. This enables you to correct these issues, and you could save 10-30% in energy costs a year.
Another way IoT can help you reduce operating costs is by improving productivity and reducing employee overtime. By using smart sensors to monitor the status of equipment and to remotely control machinery, you can ensure that machines are only turned on when they’re needed and are not running unnecessarily. This can significantly cut labour costs, and the resulting improvements in productivity can be even greater.
IoT-enabled sensors can also improve inventory management, enabling manufacturers to track stock levels accurately and minimize stockouts. They can also optimize supply chain operations, which can lead to reduced storage and transportation costs. Additionally, IoT can enable telemedicine platforms, which can lead to better disease management and lower medical costs. IoT technology also enables remote patient monitoring, which can further reduce health care costs.
Automate your processes
It’s important to identify and document every process within your organization before you begin identifying which processes can be automated. This will help you to understand the issues and come up with possible solutions during the automation process. It’s also important to have the right team on board when you are automating your processes. Dealing with technology can be risky and you’ll want to make sure that someone is on hand to deal with any issues that may arise.
Focusing too much on individual process automation can run the risk of overlooking transformative possibilities for your organization. For example, if automating a process frees up staff hours, it may be wise to put that time towards designing products that could represent the future of your business.
Lower energy consumption
The amount of electricity needed to run FM transmitters is a significant portion of the total power consumption in radio stations. The energy costs of the equipment and transmission system can account for up to 40% of a station’s overall budget. With the increase in global energy prices and increasing focus on sustainable energy, reducing the FM transmitter’s energy consumption becomes essential.
Energy consumption can be significantly reduced by installing the FM broadcast antennas higher and choosing high-gain FM transmitters. The FM transmission system’s power can also be reduced by implementing smart automation. This allows the station to reduce its average power consumption by up to 40% without compromising listeners’ comfort or service area.
FM transmits a radio signal that is modulated in frequency by the audio signal, which is why it can transmit longer distances than AM. However, the signals can be impacted by obstacles like electrical appliances and cell towers, which can interfere with the FM signal. The FM signal can also be affected by multipath, which occurs when different signals reflect off of the earth’s surface. This can cause the signals to cancel each other out, which results in noise and distortion.
Another reason why FM sounds better than AM is that it suppresses noise better. Most electrical noise, such as that from electric motors, lightning, and other devices, is a series of pulses that change in volume (amplitude) but not in frequency. When AM stations broadcast these noises, they are transmitted as part of the original signal, resulting in interference and static. With FM, these pulses are cancelled out by the modulation of the original signal, leaving only the audio from the broadcaster.
Lastly, the FM transmitter can use a variety of sensors to gather data about the environment and optimize its performance. For example, it can monitor the temperature, humidity, and lighting patterns in the facility. This information can be used to automatically shift non-critical energy usage to off-peak hours, which reduces the strain on the electrical grid and earns you financial incentives. The sensor data can also be integrated with the centralized FM system to ensure that the system operates in the most efficient manner.
Improve asset management
The benefits of asset management extend far beyond keeping track of equipment inventory. This process can help you make better decisions, aligning your infrastructure with strategic business goals and reducing costs in the long run. In fact, a recent study found that organizations that use advanced data analysis and best practices to manage assets are able to reduce operating expenses by up to 30%.
The key to lowering operating costs through asset management is to focus on preventive maintenance. This includes scheduled inspections and routine tasks such as lubrication, adjustments and parts replacement. When these tasks are performed regularly, they can help to avoid equipment crises that lead to costly emergency repairs and production interruptions.
In addition, it is important to monitor the performance of your assets and ensure that they are performing as expected. This can be done by using data analysis and advanced sensors to detect potential issues. Then, when a problem is detected, you can take action quickly to resolve it before the issue worsens.
One of the most significant costs associated with improper asset management is the inability to accurately forecast expenditures and resource requirements. This is due to a lack of visibility into your assets, which leads to inefficient deployment of resources and shortened asset lifespans. A thorough asset management program can help you overcome these challenges and improve your financial planning.
The most common way to boost FM radio quality is by installing a higher FM antenna. FM antenna gain refers to the ability of the antenna to concentrate and transmit radio signals in a specific direction. A high gain FM antenna will allow you to receive FM broadcasts from further away without having to turn the radio volume up to a level that causes distortion.
Another way to increase FM signal strength is by using an amplifier. There are different types of amps available, so be sure to research which is right for your needs. Some amps require a special power supply, while others can be powered by your home electrical system.
AM and FM radio waves are both susceptible to noise, but AM radio signals are more affected by interference because they change in amplitude. FM broadcasts, on the other hand, vary in frequency. This makes it difficult for interference to affect the signal.
