Compare the Leaders to the Laggards gg Best in Class 88% 2% 25%
Industry Industry Average 81% 11% 7%
Laggards 75% 18% ‐10%
65%
54%
43%
Standardized KPI for measuring asset performance
57%
43%
33%
Frequent assessments to understand the risk profile of assets
41%
36%
17%
The Effects: Overall Equipment Effectiveness (OEE) Unscheduled asset downtime Return on Assets (ROA) vs Plan The Causes: The Causes: Standardized process for prioritizing and managing maintenance work
Executives focus on aligning asset performance with corporate performance Management goals are aligned and coordinated with maintenance and production teams Clearly defined roles and responsibilites for executing relaibility i iti ti initiatives
57%
35%
23%
57%
39%
30%
48%
31%
30%
Failure data is used to perform root cause analysis
59%
50%
45%
59%
52%
21%
70%
48%
20%
Asset performance can be compared across plants
61%
36%
17%
Asset performance metrics are linked to fiancial metrics
39%
30%
3%
Energy consumption data is collected automatically Energy consumption data is collected automatically
45%
34%
24%
Real time and historical asset performance data is employed to drive decisions and actions Standardized and documented operating and maintenance procedures are employed
• “Data is the difference between deciding and guessing.” • The best organizations know how to collect, organize and d analyze l d data. t • FMEA and FRACAS are both important: – FMEA for f machines hi and d plants l t nott built b ilt – FRACAS for machines and plants in service