Maintenance Cost and Reliability
Tor Idhammar, CEO & President, IDCON INC
Which costs are we interested in? Which cost is it that we’re really focused on targeting? That we’re saying as a team here. We’re doing a business case now. Which costs can we drive down through reliability? “All of them.” Agreed. Long term. Which one is most important? Is the total cost important? I mean the total cost number…fifteen million? If that’s our total cost it’s pretty irrelevant…right? It depends on how many units. If I make one unit, it I make one ton and one square foot in the total cost is really irrelevant. Which cost is most important here? Which one do you want to target? Is the maintenance costs interesting? You hear that a lot from your managers.
Related Articles
Creating Reliable Equipment Information
Deficiencies in the integrity of equipment data and difficulties in accessing this data are costing asset-intensive companies millions of dollars a year in equipment downtime and business inefficiencies. Waste in the work management processes appears in the form of extended searches for parts and materials; wasted effort due to missing, inaccurate or out-of-date equipment data; procurement errors; and an inability to easily access data from a reliable source. The result can be expensive to these organizations.
Releasing Asset Value Sustainably - An Analysis of ISO55000x
Although safety and risk mitigation is a fundamental part of creating value and boosting profits, it is not the end of the story when it comes to asset management. To realize the true value of an asset across its entire lifecycle, a business must ensure it has a set of key building blocks in place. These consist of forward-looking management structures and processes that adopt a broader perspective than just identifying and addressing threats and vulnerabilities.
How do you measure reliability?
Reliability is often used by plants to define future improvement efforts and set expectations for employees and managers. Understanding how it's defined and how to measure it can often be confusing to your organization. This video will give you IDCON's concept of Overall Production Efficiency.
Reliability Centered 'Workforce' Maintenance
It never ceases to amaze me that no matter what industry you are in or how big or small of a company you work for, success is dependent on the ability to find, attract, hire, manage, develop and retain the right people. I continue to see companies disproportionately dedicate more focus and investment into non-people issues such as technology or equipment than focusing on getting “the right people on the bus.” I haven’t quite figured out why, but I believe it could boil down to one of three reasons:
Job Interviews: The 4 Levels of Fit
NOT LONG AGO I was talking to a recruiter about a placement she was working on. It was tough going. Her client had emphasized that he wanted someone who “really fit in.” But when asked how he’d measure this, he said “I’ll know it when I see it.”
Reliability and Maintenance Implementation Model
Christer Idhammar of IDCON INC presents the implementation steps you need to take if you want to be successful in improving reliability and maintenance, sustain that improvement, and continue to improve after that.
