Typical maintenance costs of world class maintenance organizations average 2% or less of plant replacement cost * (Reliability Magazine Article)
Every $100,000 saved in a maintenance department is equivalent to a $2,000,000 increase in sales, assuming net 5% margins.
The Criticality Assessment provides improved understanding of facility components critical to continued safe operation.
Failure Modes & Effects Analysis (FMEA) and Root Cause Failure Analysis (RCFA) development identifies likely failures and consequences of those failures.
Predictive Maintenance versus scheduled Preventive Maintenance
Understanding PdM Implementation Costs – Most equipment need not be taken offline to use PdM. The increase in production more than offsets any costs to implement.
Predictive Maintenance (PdM) Technologies have come down in price.
Preventive Maintenance on a predetermined time frame can result in unnecessary maintenance, excessive downtime, increased accidents and excessive parts inventories.
Predictive Maintenance/Condition Based Maintenance is more cost effective.
Labor productivity losses such as …
Waiting for instructions
Looking for supervisors
Checking out the job
Multiple trips to the store
No special tools
Waiting for approval
Too many technicians per job
Equipment Criticality Assessments – Are you performing maintenance on non-critical equipment while ignoring maintenance on equipment critical to safety, production or regulatory requirements?
Failure Modes & Effects Analysis (FMEA) Support – Do you know what equipment is critical and what the true cost of its failure will be?
Root Cause Failure Analysis (RCFA) Support – Do you know how to identify the root cause of a problem so it can be addressed and to keep it from returning?
Predictive Maintenance Technologies – Cost-effective application of predictive maintenance technologies can assess equipment health during operations and can help reduce the need for periodic overhaul-type maintenance tasks. Let AJAG’s network of seasoned reliability resources assess your use of predictive maintenance technologies to ensure maximum value from your critical assets.
Methods and Maintenance Strategy Evaluation – We can help you evaluate typical maintenance strategies, including:
- Repair vs. Run-to Failure Analysis
- Lost Production Cost Analysis due to PM Practices
- Predictive Maintenance Technology Analysis
Want to Learn more ?
AJAG has a network of senior maintenance and reliability professionals to support the entire lifecycle of your equipment assets from design through disposal, all in support of ISO-55001 compliant Best Practices. Our advisors and facilitators have been where you are and have worked through the problems you have.
Let them guide you to understanding how to extract full value from your equipment assets now and in the future.