by James Reyes-Picknell | Feb 6, 2024 | Business Case & Finance, Executive Insights
Industrial operations that use physical assets for production or service delivery need their assets to run optimally, and cause minimal operational disruptions when they don’t. Spending too little overall, or on doing the wrong things, always backfires. These...
by James Reyes-Picknell | Jan 30, 2024 | Assessment, Business Case & Finance, Executive Insights, Management Insights, UPTIME
Businesses often attempt to maximize profits for owners or shareholders by taking measures to reduce costs. A reactive approach to plant and equipment breakdowns is very costly, and it reduces outputs. By failing to do what it takes to become proactive, they take...
by James Reyes-Picknell | Jan 23, 2024 | Executive Insights
As an asset or facility ages beyond its original ROI time horizon, it deteriorates naturally with use and becomes more costly to maintain. The company has recouped its capital investment. Yet as the asset is now producing profitable revenues, it still wants it to...
by James Reyes-Picknell | Jan 4, 2024 | Executive Insights, UPTIME
Saving 20% of your maintenance costs is achievable in many operations. Are you running your production equipment to failure? Is your maintenance spending consistently higher than you budget allows? Are you frustrated that breakdowns cause delays in delivery schedules?...
by James Reyes-Picknell | Dec 18, 2023 | Executive Insights, Management Insights, Outsourcing
Operations might fear a loss of control, finance might see potential for cost savings, and maintainers will often recoil in horror at the thought of “being outsourced”. Mis-understanding and mis-information abound. There’s a common mis-perception...