Budgeting for Facility Costs – Recommendations for Responding to High Inflation, Supply Chain Delays

The Simplar Foundation is pleased to announce a free new interactive web series, “Ask the FM Doctor”, sponsored by the International Facility Management Association (IFMA). In this first-of-its-kind virtual discussion, facility experts provide practical advice in addressing today’s operations, maintenance, workplace management, and procurement challenges. Here’s how it works:

• Teaching Moment (15 minutes): the FM Doctor will kick things off with a brief presentation targeted at a specific topic
• FM Virtual Peer Group (30 minutes): next, we will split up into small groups and give attendees an opportunity to network with each other and have a discussion on a relevant topic. Learn More [links to the FM Virtual Peer group description]
• Ask the FM Doctor – Office Hours (15 minutes or until the questions run out!): we’ll come back together for an open Q&A session. Have a challenging contract renewal? Have a unique situation with O&M?  Bring your questions and let’s get it figured out!

The January 17 session is on Budgeting for Facility Costs – Recommendations for Responding to High Inflation, Supply Chain Delays, and Workforce Shortages. The headwinds are strong – 2023 is going to be a fiscally challenging years for many facility professionals. We will discuss the latest market data and provide specific recommendations on how the savvy facility manager can budget for the future in uncertain financial times.