Equipment maintenance planning is incredibly complex. It requires tracking hours and suggested service schedules on each individual asset a company owns, keeping up with unexpected breakdowns and job ...
The purpose of equipment maintenance in manufacturing is simple: to minimize costly breakdowns, and ensure that machinery operates at its top functionality. Yet there’s still a faction of the ...
An asset manager’s goal is to maximize the value of equipment over time. In most cases, this means a machine has to be in good working order and making money for you long after it’s paid off and long ...
Two common asset management metrics whose relevance has grown in importance even as new analytic technologies such as predictive maintenance have emerged are “mean time to repair” (MTTR) and “mean ...