By Ron Kittle
Condition Monitoring is an important cornerstone in the Industry 4.0 concept. The purpose of this presentation is to show how Condition Based Maintenance optimizes productivity and increases profitability in process industries. The presentation demonstrates the influence of CM on OEE and discusses KPIs that are essential for the continuous improvement of machine operation condition. The influence on ROI calculations is included in the summary.
1.The effects of Condition Based Maintenance on fixed assets, common cost, ROI, and OEE.
2.Condition Monitoring systems provide data in many ways to optimize production.
3.Real world examples of condition monitoring use to optimize production.