International Maintenance Conference: The Speed of Reliability

International Maintenance Conference 2025: The Speed of Reliability

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Definition: Total Effective Equipment Performance (TEEP)

A measure of how well an organization is creating value from its assets.

TEEP = utilization x availability x performance x quality - utilization x OEE

Tip excerpted from The Professional's Guide To Maintenance And Reliability

You can ask anything about maintenance, reliability, and asset management.