Condition Monitoring Program Management
A benchmark study by the Aberdeen Group supports the findings of prior benchmarking indicating: “Best-In-Class
Performers will have 45-55% of their total labor hours driven by Condition Based Monitoring (CBM) inspections and the elimination of defects identified through CBM activities.”
Why?
Without a thorough understanding of the defects present in a facility, it is virtually impossible to effectively plan and schedule work making a robust CBM process critical for enabling the Proactive Work Flow Model. Returns on Asset Reliability come from four primary sources:
- Reduction in Maintenance Costs
- Lower Inventory Requirements
- Lower Energy Consumption
- Higher Productivity (Asset Utilization)
GPAllied has studied the practices of over 1,000 diverse worldwide locations confirming prior findings that increased CBM is linked to lower PM activity. When considering Return On Asset Reliability (ROARTM), maintenance cost savings account for 15-30% only of the total opportunity for savings.
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Condition Monitoring Fundamentals
July 16-18
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