When it comes to selecting the appropriate maintenance strategies for a physical asset, many organizations have a very limited basis for their analysis and selection beyond the OEM manual, which often results in inefficient practices such as doing too much time-based preventive maintenance in an attempt to try and improve reliability.
Throughout the industry, it has been seen that less than 20% of failures satisfy age-related characteristics and more than 80% of failures are in fact event-based or statistically random.
Time-based maintenance programs then have a very little effect on overall reliability and for some failures, no effective form of scheduled maintenance exists.
Therefore, to be effective, there must be a basis that couples proven methods along with equipment experience to define a maintenance strategy.
Software Budgeting Capabilities Should Make Your Life Easier, Not Harder
Countless hours are spent creating expensive maintenance budgets, but the output doesn't match with the time and energy inv...
Maintenance is a challenge. It is even more difficult when your organization is putting pressure on your team to reduce costs, while still increasing asset uptime.
As a maintenance technician, you...
As a maintenance professional, you have technical training, a basic knowledge of asset management principles, technical knowledge of the equipment you maintain, and an understanding of your equipme...
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