![]() ![]() Companies rely on the length-of-time metric to determine the tipping point at which investment in repairing the equipment becomes more expensive than replacing it. Useful life is a critical component of effectively managing assets to obtain their maximum value. extend the useful lifespan of your equipment: Fixed assets-pieces of equipment, machinery, and building components-depreciate over time.And along with OEE comes operational efficiency. optimize overall equipment effectiveness (OEE): Instead of having to figure out how to organize your maintenance activities, you can lean on your automated work orders in a CMMS.Instead of having to figure out how to organize these things whenever the need arises, you can lean on your automated work orders in a CMMS. improve equipment reliability: A CMMS can help improve the efficiency of maintenance activities by automating maintenance scheduling, tracking, and reporting.Predictive maintenance reduces costly shutdowns. Emergency repairs can be costly and disruptive. reduce downtime: By identifying potential equipment failures and scheduling maintenance activities in advance, a CMMS can help reduce the need for reactive maintenance.By identifying and addressing potential equipment failures before they occur, organizations can: This requires investigating SOPs for problematic bottlenecks, gathering input from maintenance personnel, and evaluating existing communication systems, among other necessary digging.Ĭompanies can use predictive maintenance to monitor a range of equipment, including mechanical, electrical, and electronic systems and industrial and consumer equipment. OEE helps identify departmental waste and inform improvements to SOPs.Īlways seek to identify the root cause of poor performance metrics. When measuring OEE, it’s essential to factor in equipment availability, performance efficiency, and product quality. It measures the productivity of facilities, machinery, and process. Overall Equipment Effectiveness (OEE) : OEE is a metric used to gauge overall facility performance.MTTR is key to identifying and eliminating inefficiencies in maintenance processes. This maintenance performance metric includes diagnosis, repair, and recovery time. Mean Time to Repair (MTTR) : MTTR measures the average amount of time it takes your maintenance team to repair a broken-down asset.Increasing your MTBF for critical assets can help optimize your overall maintenance strategy and improve productivity. MTBF is only measured for repairable assets. It measures the amount of time between failures. Mean Time Between Failure (MTBF) : MTBF refers to the amount of time it takes before asset failure occurs.The most revealing metrics to track include the following: Asset performance metrics allow you to track the effectiveness of your maintenance programs. ![]()
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