by James Reyes-Picknell | Feb 7, 2022 | Asset Information Management, KPIs & Performance Management, Reliability, Technology
Can’t you make better decisions informed by good evidence? If not, it may be that your data isn’t fit for its intended purpose. In the first part of this blog mini-series, I point out that the data in Maintenance Management Systems are very often...
by James Reyes-Picknell | Feb 6, 2022 | Asset Information Management, Technology
The data in Maintenance Management Systems are very often “unfit for purpose”. When asked about why there is an Enterprise Asset Management or Computerized Maintenance Management system, the answer varies. Here are some reasons we’ve heard: It helps...
by James Reyes-Picknell | Sep 12, 2020 | Business Case & Finance, Executive Insights, Management Insights, Reliability, UPTIME
“An ounce of prevention is worth a pound of cure” This axiom arose when Benjamin Franklin was speaking about health care. It also applies to large industrial organizations that invest from millions to billions in equipment (capital assets). Unfortunately, only a...
by Len Middleton | Jun 10, 2020 | Maintenance Tactics, Reliability, Risk Management, UPTIME
Understanding conditional probability is key to determining the right maintenance and how it impacts your reliability. This article is to address the difference in the conditional probability of failure patterns, and the impact on how best to maintain assets based...
by James Reyes-Picknell | Jun 9, 2020 | Asset Management, Business Case & Finance, KPIs & Performance Management, Reliability, UPTIME
In part 1 of this 2 part series, “Maintenance and Reliability Maturity”, I point out that achieving the maximum value from your physical assets will require excellence in 2 main dimensions, efficiency, and effectiveness. Those are described more fully in...