In modern engineering asset management, the minimization of maintenance expenses, maximization of equipment availability and reliability, and reduction of human and environmental hazards are crucial objectives.
Fear of AI. We get it—it’s a real thing. There is a very real outrage that can be experienced from people who misguidedly believe that artificial intelligence will replace jobs at their workplace.
Every maintenance organization has its challenges, and how you and your team take on these challenges says a lot about the work culture. Organizations with solid company cultures are more likely to have better employee retention, higher productivity, and lower turnover rates.
This paper examines the overall current misuse and misinterpretation of the reliability parameter, Mean Time Between Failure (MTBF), and its many variants. Both in commercial and defense industries, MTBF is often misunderstood and mismanaged, resulting in inaccurate values of product reliability.
Today’s economy has presented many challenges to businesses, of which labor shortage may be the most difficult challenge for companies to navigate. The shortage of skilled labor is particularly problematic.
Recently, a member posed a question to other Society for Maintenance and Reliability Professionals (SMRP) members, prefacing the question with the fact that his management insisted on annual, mostly intrusive, maintenance, and based on the Original Equipment Manufacturer (OEM) recommendations, apparently with little or no exceptions.