Reliability practices leads to better performance
- One of the major tasks of operations managers is to boost uptime while simultaneously keeping budget. To meet this challenge they discover reliability-based management as strategic factor to improve performance. But which parameters are the key to “reliability excellence” and drive a company’s performance? What are the relevant levers to pull in reliability-based management? To answer these questions McKinsey & Company partnered with Aachen University to launch a global reliability survey in process industries. Objective of the initiative is to provide a statistically proven picture of key factors that drive maintenance and reliability excellence. Furthermore benchmarks and best practices concerning overall operational performance will be identified. The study is based on a questionnaire-based approach which addresses all relevant departments within a company, complemented by best practice analyses. This paper provides results of the survey. The results demonstrate that reliability pays off. Some unproven beliefs have been confirmed (e.g. a good reliability performance results in a low spare part inventory) but also surprises like a correlation between safety and performance were identified. The analysis also shows that structural differences like company size or geography do not influence reliability performance.
| Author: | Günther SchuhORCiDGND, Jochen Berbner, Bert Lorenz, Bastian Franzkoch, Cord-Philipp Winter |
|---|---|
| Parent Title (English): | Proceedings of the 3rd World Congress on Engineering Asset Management and Intelligent Maintenance Systems (WCEAM-IMS 2008) |
| Subtitle (German): | results of an international survey in continuous process industries |
| Publisher: | Springer |
| Place of publication: | Beijing [u. a.] |
| Editor: | Gao Jinji, Jay Lee, Jun Ni, Lin Ma, Joseph Mathew |
| Document Type: | Conference Proceeding |
| Language: | English |
| Date of Publication (online): | 2023/10/18 |
| Date of first Publication: | 2008/10/26 |
| Release Date: | 2024/05/06 |
| Tag: | maintenance; performance; process industries; reliability; value based maintenance |
| First Page: | 1366 |
| Last Page: | 1374 |
| FIR-Number: | SV5077 |
| Name of the conference: | WCEAM 2008 - World Congress on Engineering Asset Management |
| place of the conference: | Beijing |
| Date of the conference: | 27.-30.10.2008 |
| Institute / Department: | FIR e. V. an der RWTH Aachen |
| Dienstleistungsmanagement | |
| Dewey Decimal Classification: | 6 Technik, Medizin, angewandte Wissenschaften / 62 Ingenieurwissenschaften |

