improving profitability by leveraging technology and best practices
DESCRIPTION
The session is a review of eight individual case studies covering physical and digital records management. You will acquire practical tools that will deliver real cost savings to your organization. Each case study represents at least a 10% savings in overall costs and the ability to be implemented without capital expenditure. The tools presented will equip you with the information and training to initiate a cost-savings project immediately.TRANSCRIPT
- 1. Improving Profitability by Leveraging Technology & Best
Practices
Graham Riley & Mike Theis
Iron Mountain
Education Code: WE03-2912
2. Learning Objectives
Upon completion of this session, participants will be able
to:
Identify inefficient workflows
Build a cost and benefit analysis model
Identify key stakeholders
Communicate the fiscal value of best practice adoption to senior
management
Make recommendations for workflow improvements based on
bestpractices
3. Agenda
The Financial Landscape
Value
Organizational spend
Total cost of ownership of informational assets
Case Studies
Next Steps
4. Definition of Value
Number represented by a figure
relative worth, merit, or importance
monetary worth, as in commerce or trade
equivalent worth or return in money
estimated or assigned worth; valuation
denomination, as of a monetary issue
quality of anything which renders itdesirable or useful
5. Cost
Indirect
Direct
Managed
Unmanaged
Soft $$$s
Organizational Spend
6. Examples of RIM Indirect Spend
- Real estate (Storage)
7. Rent or tied capital 8. Security 9. Fixtures & fittings 10. Heat & light 11. Information technology 12. Hardware 13. Software 14. Services & support 15. Labor 16. RIM 17. Legal & Admin 18. Tax & Audit 19. Facilities 20. Transportation 21. Own oroutsource