When manufacturing organizations look to asset reliability to improve their facilities, there is often one main driver behind this decision: financial performance. There are many reasons to employ reliability practices including improved safety and production, but many companies focus on reliability initiatives because they touch so many aspects of the business and yield strong financial results. This article provides a guide to the processes, mindsets, and organizational characteristics necessary to achieve optimum financial results through reliability initiatives.

There are so many positives involved in training your employees that you cannot lose. It’s a definite win situation for any management group. The trick is to turn it into a win/win for both you and your staff. To do this, you must choose the right training.

What do knowledge workers actually do? Clearly they don’t manufacture products or perform basic services. But they do produce something, and it is perfectly reasonable to characterize their work as the production of decisions: decisions about what to sell, at what price, to whom, with what advertising strategy, through what logistics system, in what location, and with what staffing levels.

Installation and mounting errors are responsible for 27% of all bearing failures, second only to lubrication problems. Most installation errors can be avoided through proper training, correct procedures and selection of products with design features that are compatible with operating conditions of the application.