Article: Facility management is key to efficiency.

Byline: Paddy Menon

Jun. 24--Managing facilities accounts for around 30 percent of an organisation's annual spending. It is necessary to adopt facility management concepts to reduce costs and make the workplace efficient.

The ever-increasing competition, and stress on quality and cost effectiveness is forcing large business concerns to move critical activities to an efficient partner in India. Decreasing profit margins and impetus to achieve quality standards like CMM and Six Sigma levels have driven companies to extract the best out of the available resources. The facility management (FM) concept is the latest effort by the IT industry to derive the ...

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