Jan 19

What is the best approach to stress the importance of having a proper maintenance plan ?

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 […]

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Jan 11

Things to Consider when looking at Equipment Reliability

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 […]

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