Benchmarking Best Practices in Maintenance Management by Terry Wireman

By Terry Wireman

Upkeep is a different company procedure. To be effectively controlled, it calls for an process various from different company methods. in contrast to the other reference in its box, Benchmarking top Practices in upkeep administration presents a framework for dealing with upkeep with techniques that let choice makers to pick the main profitable how you can deal with their companies. In a concise and easy-to-use structure, this ebook offers clients with the entire priceless instruments and data had to appropriately benchmark their upkeep functionality. an intensive revision of the author’s top promoting global category upkeep administration, it provides a logical, step by step method for carrying out a cheap benchmarking attempt. it really is bound to be a useful source for upkeep managers, plant engineers, operations managers and plant managers. particular positive aspects -- offers a transparent, concise benchmarking technique. -- basically explains and translates the most up-tp-date upkeep benchmarks. -- includes a benchmarking database from greater than a hundred businesses. -- positive factors present maintenance/asset administration philosophies. -- encompasses a new bankruptcy on benchmarking thought. -- deals additional info on self-analysis.

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Financial optimization requires accurate data; making these types of Benchmarking Fundamentals 43 decisions incorrectly could have a devastating effect on a company’s competitive position. When a company reaches a level of sophistication where this technique can be used, it is approaching best-in-class status. 11. ” Continuous improvement in asset care is an ongoing evaluation program that includes constantly looking for the “little things” that can make a company more competitive. Benchmarking is one of the key tools for continuous improvement.

A third perspective on benchmarking states: Benchmarking sources “Best Practices” to feed continuous improvement. This statement adds another dimension to benchmarking, that of having an external perspective. Research shows that major innovations in any business sector come from an external sector and are adapted to improve the practices of the company. In today’s competitive business environment, the need to develop this external perspective is critical to survival. Still one other perspective defines benchmarking as the process of continuously comparing and measuring an organization with business leaders anywhere in the world to gain information that will help the organization take action to improve its performance.

This stability makes the indicator more accurate for the financial measure of maintenance, because it makes trending maintenance costs easier. If the maintenance cost percentage fluctuates, then the efficiency and effectiveness of maintenance should be examined to find the cause of the change. Maintenance cost per square foot maintained. This indicator compares the maintenance costs to the total amount of floor space in a facility. It is an accurate measure for facilities because the cost is also usually stable.

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