From Plant Engineering
Over the past two decades, manufacturing companies in a broad range of industries have come to understand that improving maintenance efficiency and effectiveness is critical to minimizing downtime and reaching higher levels of profitability.
An estimated one-third of plant maintenance costs are wasted because of unnecessary or improper practices, according to a report from DuPont. The report states that “the largest single controllable expenditure in a plant today is maintenance.” This is a frightening fact for most companies when coupled with the fact that maintenance mistakes can result in unplanned outages that decrease revenue. Despite an understanding that effective maintenance processes are critical, many companies struggle to implement them.
One way the manufacturing industry has attempted to meet this challenge is through the use of partnerships and alliances. To truly improve maintenance efficiency, there must be a deep level of integration between internal engineering, operations, and maintenance functions, as well as outside partners. Reaching this level of integration requires companies to transform into process-centered organizations.
Read full article on Plant Engineering
