Have you ever been in a situation where someone says: “we don’t have time to inspect this equipment; there are just not enough people in our plant maintenance department”, or perhaps: “Why would we start inspecting the equipment now, it’s never been done before.” You feel in your gut that the equipment should be inspected, […]
Plant Maintenance: Deciding if Components should be Inspected or Not? Read More »
We often get the following two questions: 1. With what condition monitoring technique are failures usually found?2. What is the cost saving associated with finding failures? The answer depends on the current equipment condition, the amount of equipment, the type of equipment, and what the consequences of failures are for a plant. There isn’t a
Case study: Results of Condition Monitoring Read More »
When it comes to benchmarking, a popular measurement is maintenance cost (MC) as a percent of Estimated Replacement Value (ERV). The data from our SIMATM database shows that the MC/ERV for process industry is: Maintenance Cost as a Percent of Estimated Replacement Value (ERV) Low High Total 1.5 % 6.3 % Labor 0.6 % 2.4
Technique: Benchmarking Read More »
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