Optimizing for reliability

Manage your assets more consistently and reliably for lower operational risk, lower operating costs, and increased quality.

Minimize unplanned downtime

Execution

Building a discipline of success requires consistent execution. Create high reliability using maintenance plans, work orders, tasks, and accountability.

Transparency

The link between performance and behavioral change is transparency. Help everyone in your organization to know goals, metrics, and accountability.

Valued Assets

Successful companies understand their people, their business, and their environment. Know what you own and how you operate.

Improvements

Systematically find opportunities to take advantage of resources and changes in your operation.

Asset KPIs

MTBR, MTTR, and OEE are essential measures of your plant performance.  Additionally, ROA, product quality, reliability and uptime, and work scheduling effectiveness are also valuable tools.  How many indicators do you have and which indicators are 'key?'

The Rise of Asset Performance Management

Understanding the reliability trends of your asset is a fundamental step in the journey of Operational Excellence. Operational Performance Forecasting empowers companies to make informed decisions about their asset strategy by forecasting system performance.  (DNV, 2017)