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.

Download full text files

  • Library/Archive FIR
    eng

Export metadata

Additional Services

Search Google Scholar
Metadaten
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