key performance indicator (KPI) is a type of performance measurement.
EAM-CMMS Benefits
In A.T. Kearney’s and Industry Week’s survey of 558 companies, 28.3% businesses reported increase in maintenance productivity, 20.1% reported reduction in equipment downtime, 19.4% reported savings in material costs and almost 17.8% reported reduction in maintenance inventory. Clearly, automating with CMMS can boost your business’s productivity, reduce downtime and save…
MTBF
Mean time between failures (MTBF) is the predicted elapsed time between inherent failures of a system, during normal system operation. MTBF can be calculated as the arithmetic mean (average) time between failures of a system. The term is used for repairable systems, while mean time to failure (MTTF) denotes the…
TPM and 8 Wastes
TPM (Total Productive Maintenance) is a holistic approach to equipment maintenance that strives to achieve perfect production The 5S Principles are effective tools for reducing waste, improving quality, increasing efficiency, promoting safety and encouraging continuous improvement. When applying 5S Methods you should always remember the various forms which waste can…