“When I joined Lower Lakes, we had discussions internally what were the outstanding problems that they were incurring", Mr. Glenn Myers, Director, Engineering & Technical Services at Lower Lakes says.
“One of the key problems was that during our Winter Work Lay up period, during which we had a budget of several million dollars for maintenance and general repairs, we had extreme difficulty managing the budget. In 2007, we exceeded our budget by approximately 10 %. Since we configured the TA budgeting component in conjunction with our TA PMS and Purchasing, we now
have full and accurate control over our winter work budgets. We have now controlled our budget
expenditures, and in 2008 brought our budget in at cost. This is due to the fact that we had great difficulty attributing purchases to budgetary line items and hence we could not control the budget”.