Artificial intelligence and automation has made greater and greater strides within the manufacturing industry. The question on many people’s minds is just how far these digital tools will go in managing processes that are currently human-led. Are we moving toward the somewhat mythical “lights out” level of automation, where every single aspect of production is […]
Manufacturing is an industry driven by competition and the best way to come out on top is to prioritise efficiency. The companies who turn the most profit are the ones who have figured out the most effective processes and procedures. Overall equipment efficiency is a measure of how well organisations maximise their output, minimise their […]
Are the goals of ‘Maintenance 4.0’ achievable or a pipe dream? We believe the former (and discuss how to achieve these goals). We’re currently in the midst of Industry 4.0, or the fourth industrial revolution. This era is defined by growing automation and data exchange in industrial technologies. Some of the tools that are now […]
In a previous post, we outlined the basics of equipment criticality: what it is and why it’s important for prioritising inspections and maintenance work. In this post, we’re going to dive a little deeper, expanding on this important element of an asset fitness regime. Why Assess Equipment Criticality? Before embarking on such a project it’s […]
Understanding your equipment criticality can go a long way towards increasing efficiencies and hitting key targets. Condition monitoring is an essential part of your operational efficiency. But not every asset requires the same level of attention. How do you decide which assets should be prioritised? Well, that’s where understanding equipment criticality comes in handy. What […]
An extra percentage of uptime and productivity can have a huge impact on your business. In the field of air navigation, there’s something called the 1 in 60 rule. It states that for every degree a plane diverts from its original course, it will end up a mile from its target destination for every 60 […]
Asset fitness and asset performance management are crucial to staying efficient and profitable. There is a lot of information out there about the importance of equipment condition monitoring. Yet, it’s still just a handful of companies who really manage to excel in these area. Many manufacturers continue to lag behind. Why is this? Well, one […]
We previously released a checklist for you to self-assess where your organisation falls on the Asset Performance Management Maturity Model. Well, once you’ve undertaken an APM review, the next step is to determine how you can improve. So here are some steps you can start taking right away to level up your APM swiftly. 1. […]
The words ‘unplanned downtime’ fill operations and management teams with dread. This is because unplanned downtime leads to huge costs for companies, particularly asset-intensive industries like manufacturing. In fact, the number is upwards of $50 billion a year industry-wide, according to recent figures. On the bright side, there are plenty of ways that organisations can […]
An Asset Performance Management Self-Evaluation Checklist for Organisations In the race to increase productivity, optimise performance, and keep their assets delivering at peak levels, companies need all the help they can get. One of the most powerful tools available to us as ‘Maintenance 4.0’ carries us into the future is Asset Performance Management (APM). You may […]
