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…
TPM and 5S
The traditional approach to TPM was developed in the 1960s and consists of 5S as a foundation and eight supporting activities (sometimes referred to as pillars). The goal of 5S is to create a work environment that is clean and well-organized. It consists of five elements: Sort (Seiri): Separating of…
TPM and 8 Pillars
TPM (Total Productive Maintenance) is a holistic approach to equipment maintenance that strives to achieve perfect production Total Productive Maintenance (TPM) is a system of maintaining and improving the integrity of production, safety and quality systems through the machines, equipment, processes, and employees that add business value to an organization.…
Audit management
An audit is a systematic and independent examination for processes and its documents in an organization. Audit management is responsible for ensuring that board-approved audit directives are implemented. Audit management helps simplify and well-organize the work flow and collaboration process of compiling audits. Audit management oversees the internal/external audit staff,…
8 Ways a CMMS Benefits Facility Managers
Enterprise Asset Management (EAM) and Computerized Maintenance Management system (CMMS) is a valuable tool that can help facility managers effectively execute an asset management strategy. Over time, EAM-CMMS can help drive down the cost of maintenance, increase asset life, improve productivity, reduce downtime, and lower the total cost of ownership…
5 ways PM save money
Preventive maintenance is often still viewed by many companies as an unnecessary expenditure that is a waste of time and resources. In most cases, this is far from the truth and can prove to be a very costly mistake to make. Many companies tend to focus solely on the immediate…
4 functions critical to capital planning
4 Software functions critical to long-term capital planning success By David Berger – plantservices.com No one likes surprises, especially big expensive ones. Senior management is no exception. That is why long-term capital planning is an essential function within any company. Any organization that owns or manages physical assets such as…