We spend millions maintaining our equipment, but how do we really know it is a meaningful investment? After all, what do we take as visible indicators of success?
We are missing a good balance of leading and lagging Key Performance Indicators (KPIs) focused on measuring equipment maintenance effectiveness or asset management. This means indicators or metrics that not only show your activity but the results of that activity allowing us to answer the question: Are we managing the management of our assets prudently?
Measuring Maintenance with the Correct Blend of Leading & Lagging Indicators
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About the Author
Preston Ingalls
For over 48 years, Preston Ingalls, President/CEO of TBR Strategies has led maintenance and reliability improvement efforts
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