Asset performance is improved when optimized maintenance strategies are utilized, leading to reduced operations & maintenance costs.
A Lean approach to PM Optimization is a systematic process to determine the correct level of value-added tasks and resourcing required to effectively and reliably maintain critical assets. The approach includes evaluating an asset, its criticality and failure modes to prescribe the necessary tasks, at the optimal frequency, to ensure asset reliability.
Typical PM Optimization results reduce maintenance PM labor by an average of 40%, scheduled downtime by 30% and parts replacement cost by 60%.
Webinar will cover:
- Why optimize?
- Approach to optimization
- Determining the assets to optimize through criticality assessments
- Failure modes and equipment history evaluation
- Task assignments including Preventive, Predictive, Operator Autonomous, and Condition-based Maintenance activities
- Typical results