Demanding Excellence from Your Asset Management System - Paperback

Written by John Reeve, 266 Pages   Many organizations are not aware of advanced processes. It is these processes that offer the greatest potential return on investment. Examples include chronic failure analysis, root cause analysis, defect elimination, work order feedback, RCM analysis, and future scheduling. Lastly, it is important to know which one will bring the greatest benefit to your organization. For many years, perhaps decade, the CMMS community has struggled to extract knowledge in support of asset reliability and performance. When it comes to reliability engineering, one of the more significant processes is chronic failure analysis. As a complex process to implement, there are several prerequisites involving software/data, process/procedure, and roles/responsibilities. But if successful, this process alone could provide a 40%-60% reduction in maintenance costs by focusing on recurring failures. If an organization is not actively engaged in benchmarking, they may be falling