How to Increase Asset Performance Visibility by Using Metrics

Posted by Jason Kasper on Thu, Dec 03, 2015 @ 10:33 AM

The LNS Research Asset Performance Management (APM) survey has clearly shown by almost 50%, that the number-one goal to improving asset performance within an organization is to have better operational performance.  So, now the questions to ask and discuss are:

  • How do I, as an APM software user, prove that our organizations investments in the APM landscape are working?
  • How do I prove this by providing visibility within the department all the way up at the senior level of the organization to make sure this is the case?
Read More

Tags: Asset Performance Management, Maintenance, Maintenance Metrics, Smart Connected Assets

Why Usage-Based Maintenance Is Still Preventive Maintenance

Posted by Dan Miklovic on Mon, Jan 19, 2015 @ 08:30 AM

As organizations look to improve their maintenance effectiveness, many have taken the step of identifying critical production assets and collecting actual operational data such as run times and cycle counts on those assets. Often this is done automatically by linking to the programmable logic controller (PLC) or similar level one control element. In other cases, a process data historian or MES or MOM application may link to the process automation equipment and will then serve as the bridge to move that data into the APM environment.

Read More

Tags: Asset Performance Management, Maintenance Metrics

Think Before You Act When Choosing RCM Metrics

Posted by Dan Miklovic on Thu, Sep 25, 2014 @ 09:24 AM

Reliability-centered maintenance (RCM) has been defined in numerous ways over its evolution, from a statistics-based approach, to analyzing equipment failures, to the philosophical or stylistic broader definition more commonly accepted today which espouses a spectrum of styles from reactive maintenance to proactive maintenance with both calendar and condition-based preventative maintenance within those bounds.

Read More

Tags: Asset Performance Management, Maintenance Metrics

Choosing the Right Asset Performance Metrics (Not as Easy as You Think)

Posted by Dan Miklovic on Wed, Aug 20, 2014 @ 10:59 AM

As regular readers of the LNS Research blog are aware, we are big proponents of using metrics. Our Metrics That Matter research done in conjunction with MESA highlighted what metrics manufacturers are using to manage their operations. Asset Performance Management (APM), like Manufacturing Operations Management (MOM), also has a rich set of metrics with twenty or more commonly used today.

Read More

Tags: Asset Performance Management, Maintenance Metrics