Identify opportunities for significant OPEX savings by partially closing under-utilized areas.
In the post-COVID era, workplace occupancy trends have changed noticeably. With many employees working remotely or in a hybrid model, occupancy levels vary throughout the week. Some days the office can be fully occupied, while on other days, some spaces may remain under-utilised. “Floor Closure Potential“ insight turns this into an opportunity to save on operational expenses.
What is Floor Closure Potential?
This insight identifies an opportunity to partially close down floors which remain under-utilised on certain days of the week. Occupants of this floor can be accommodated on the other floors without overcrowding them. This can save a significant amount in operating expenses such as cleaning, maintenance, utility etc.
Benefits:
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Cost Efficiency: Partially closing underutilized sites reduces operational costs associated with utilities, maintenance, and other day-to-day expenses, allowing for a more efficient allocation of resources.
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Environmental Impact: A more streamlined approach to space utilization aligns with sustainability goals, as it reduces the carbon footprint associated with maintaining unnecessary spaces.
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Flexibility and Adaptability: Partial site closure enhances organizational agility, providing the flexibility to adapt to changing business needs, market dynamics, or unforeseen events.
Detailed view of Partial Closure Potential:
Let's take a look at all the details present in this card.
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Actions
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Provides details on closure—number of floors that can be partially closed, name of those floors, day of the closure, name of the destination floors where people from the closed floor(s) can be accommodated
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Expected Results
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OPEX savings opportunity—gives the tentative amount which can be saved annually with the implementation of suggested partial closure. This savings amount has been derived using a standard default* of USD 2.6 per sqm per day.
*Note - Soon there will be a provision to change this default value to site’s actual operation expenditure. -
Environmental opportunity—partial closure also results in savings on annual Co2 emissions, moving you closer to sustainability goals
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Expected Impact
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Shows resulting impact on the occupancy levels of the destination floor after allocation of people from closed floors.
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While it can be challenging to implement strategies to save on capital expenditure, Partial Closure Potential can provide a feasible way to be a cost-efficient, flexible, and environmentally-friendly workplace.