EPE FAQs
Exploratory Phase Evaluation
Discover What an Exploratory Phase Evaluation Could Do For Your Organization
Transcat’s Exploratory Phase Evaluation (EPE) projects help leading global Manufacturers and Mission Critical Facilities identify opportunities to reduce costs and improve the efficiency of their Asset Management Programs. Could an EPE be right for your organization? Learn more and get answers to our most frequently asked questions here.
1. Understanding the Value: What is an Exploratory Phase Evaluation?
- Conducting a holistic view of how your site operates
- Conducting a series of interviews and data collection with your team’s engineering functions
- Determining which areas of improvement will have the biggest impact on your operations.
2. What is the timeline of completing an EPE with Transcat?
Each EPE project is personalized for our customer and their specific industry. On average, the process is completed within two-weeks. Learn more about our EPE process here.
3. What industries utilize EPEs?
Transcat primarily works within regulated industries, often with global manufacturers and mission critical facilities. However, an Exploratory Phase Evaluation can benefit any organization utilizing an EAM. To learn how an EPE could provide benefits specific to your industry.
4. Are there geographical restrictions? Or can Transcat perform an EPE for customers anywhere?
Transcat has conducted Exploratory Phase Evaluation (EPE) projects across four continents, delivering significant cost savings and improved efficiency of asset management systems for clients across the globe.
5. Can an EPE be performed remotely? Or does the team need to visit my organization?
We recommend performing an EPE onsite to give us the greatest clarity and the most comprehensive view of your organization; however, in the right circumstances or need, an EPE absolutely can be performed remotely.
6. What are the average cost savings with an EPE?
Clients routinely see a minimum of 15% reduction in costs because of an EPE with Transcat.
Contact Transcat for Your Exploratory Phase Evaluation Needs
Take your first step toward reduced costs and improved efficiency today. Reach out to our team to learn how an Exploratory Phase Evaluation could benefit your organization.
