FREE copy of the Uptime Elements Implementation Guide once you subscribe to Reliability Weekly

Your journey starts at the Virtual Reliability Development Summit

Have You Established Adequate EAM Safeguards?

Align availability and cost management to achieve an acceptable level of risk

Downtime risk aversion is a natural antithesis to cost efficiency in the world of enterprise asset management.

When industrial businesses adopt EAM tools and develop proactive and preventative maintenance strategies, they seek, in theory, to lower operational costs while raising operational excellence. In practice, however, many facilities find these two elements in constant, inextricable contention. In a traditional sense, austere cost-cutting measures only increase a company’s risks because such initiatives usually involve less oversight. Inversely, striving for greater OEE has almost always meant shelling out more resources and increasing opex.

Learn how to visualize your risk profile

Tip provided by 

Upcoming Events

August 7 - August 10, 2023

MaximoWorld 2023

View all Events
banner
A weekly collection of recommended articles and videos to boost your reliability journey. Right in your inbox
DOWNLOAD NOW