I’m a big proponent of measuring and monitoring especially when it comes to maintenance. In order to know if your preventive maintenance program is working as it should, you need to measure the ...
In a recent conversation with a very close friend and peer, we were told by a company president that he wanted to have key performance indicators (KPIs) as the main focus point with his new director ...
How will Industry 4.0 impact asset maintenance KPIs? A recent discussion with Sachin Bhavsar, Industry 4.0 Leader and Practitioner, TCS, added focus on some current trends that offer the potential to ...
You probably already track key performance indicators (KPIs), such as meantime between failure (MBF), unscheduled downtime, work order completion rate, and work order backlog. If not, you should — and ...
Key performance indicators (KPIs) are necessary if you want to measure your business and improve operations to reduce costs. KPIs help a company establish performance standards, track performance and ...
Learn which maintenance metrics connect reliability performance to financial outcomes, including avoided costs, deferred capital and protected capacity.
Business leaders are aware of data’s transformative power in driving strategic decision-making. Facilities maintenance, however, is one critical area that often goes overlooked in this data revolution ...
A variety of factors are influencing the growing awareness and interest in analytics by maintenance groups. Today’s industrial organizations see the value that effective data management, KPIs, and ...
KPIs are the key performance indicators of a business. They are monitored regularly to ensure that your business performance targets are achieved and maintained. KPIs can involve strategic measures, ...
As the global solar energy industry grows, so does the need for accurate monitoring of performance and financial viability. The latest report by IEA PVPS Task 13, “Best Practice Guidelines for the Use ...