Maintenance management is a crucial process to ensure the proper functioning of a company's assets. Without proper management, assets can suffer breakdowns, which can lead to lost productivity, high repair costs and, in some cases, even safety risks.
To ensure that maintenance management is effective, it is important to measure its performance. Maintenance metrics are tools that allow you to evaluate management performance, identify areas for improvement and make informed decisions.
Maintenance metrics
Maintenance metrics can be classified into two categories:
Performance metrics: These metrics measure asset performance such as availability, mean time between failures (MTBF), and mean time to repair (MTTR).
Cost metrics: These metrics measure the costs associated with maintenance management, such as labor costs, material costs, and inventory costs.
Choice of metrics
Choosing the right maintenance metrics depends on the specific needs of each company. However, there are some metrics that are generally considered the most important, such as:
Availability: Availability is the probability that an asset will be available for use when it is needed.
MTBF: The MTBF is the average time that passes between two failures of an asset.
MTTR: The MTTR is the average time it takes to repair an asset after a failure.
Total Cost of Ownership (TCO): TCO is the total cost of owning and operating an asset over its useful life.
How to measure them?
Maintenance metrics can be measured in a variety of ways. In some cases, it is possible to obtain data directly from the company's information systems. In other cases, it is necessary to conduct surveys or collect data manually.
Analysis of the results
Once metrics have been measured, it is important to analyze the results to identify areas for improvement. This analysis can help companies make informed decisions about how to optimize their maintenance management.
Measuring maintenance management is an essential part of any effective maintenance program. Maintenance metrics provide valuable information that can help companies improve asset performance, reduce costs, and increase safety.
IBM Maximo Application Suite: Improvement of maintenance management measurement
Maximo is an enterprise asset management (EAM) software platform that can help companies improve the measurement of their maintenance management. Maximo provides a number of features that can help companies collect maintenance data, analyze it, and use it to make informed decisions.
Some of the ways Maximo can improve maintenance management measurement include:
- Automating data collection: Maximo can automate maintenance data collection, which can reduce errors and improve data accuracy.
- Data visualization: Maximo provides a series of data visualization tools that can help companies understand maintenance data more effectively.
- Predictive Analytics: Maximo can use predictive analytics to identify trends and patterns in maintenance data, which can help companies prevent failures and improve asset availability.
In general, IBM Maximo can be a valuable tool for companies seeking to improve the measurement of their maintenance management.
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