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Maintenance Indices - Meaningful Measures Of Equipment Performance: (2nd Discipline on World Class Maintenance Management

Maintenance Indices - Meaningful Measures Of Equipment Performance: (2nd Discipline on World Class Maintenance Management

Paperback

Series: World Class Maintenance Management, Book 10

Technology & Engineering

ISBN13: 9798885260039
Publisher: Rolando Santiago Angeles
Published: Feb 6 2022
Pages: 328
Weight: 1.68
Height: 0.69 Width: 8.50 Depth: 11.00
Language: English

Every industry has its own indices, metrics, measures, and KPIs they use on maintenance. The main reason why we measure these indices is to determine if our maintenance organization is moving forward in the right direction. However, some indices may not be as simple as we think.


There is a wide selection of measurements and indicators for the maintenance function. We can measure the number of breakdowns, downtime, availability, mean time indicators, lubrication costs, set-up time, repair time, maintenance costs, MRO spare parts costs, and so on. For plants implementing TPM, the primary measure of their performance will be OEE or Overall Equipment Effectiveness. It is also difficult to provide a benchmark on what industry standard is for MTBF, cost, and so on because, again, industries are diversified. Having a consistent MTBF of 700 hours in a month for manufacturing will be more than satisfactory, but not for a power plant or distribution industry. This means that if we have an MTBF of 700 for all distribution poles, then the 20 hours means that the city is experiencing a black-out as there are 720 days in a month. This book is not just about knowing the formulas, and equations to use but having a deeper understanding of what we include and exclude in them. Some of these includes:

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