Project Description
Corporate Process and Performance Modelling and Management (CPM2) – Operational Expenditure Management System
CPM2–OPEXMS is conceptualized based on the need of user to have an integrated application to model their Assets by looking into the Operational Expenditure (OPEX) throughout the Asset life.
OPEXMS Solutions
- Web-based application, connect anywhere anytime
- Secure and controlled access through organization’s VPN
- Activity based costing down to the tag level enables precise analysis
- Identify major cost drivers
- Manage multi-projects or assets across the organisation in one place
- Asset hierarchy builds for a holistic view
- Easily model your assets using our built-in concept selector
- Manage large set of data in a single environment
- MS Excel import and export capability to populate generic activity database
- Built-In report generator to preferred format
- Allows comparison between Assets
- Model various scenarios and external factors that can impact cost
- Cost monitoring and control
New and existing investment Optimization
- Strategic investment decision of new venture by leveraging on producing asset data
- Select best asset strategy and cost optimisation program
- Identify assets which yield the greatest impact from an OPEX cost optimisation program
- Translate and integrate various scenario and business for comprehensive analysis
Benchmarking across organization identify best and standard practise
- Transparency and visibility of activity based costing from all sites
- Drawing meaningful comparisons between a company’s operating divisions
Improve corporate process and performance
- Identify opportunity of improvement and bad actors
- Cost reduction opportunities for operation, maintenance and administration of assets
- Incorporate cost monitoring and control
Screenshot Example
