Failure Mode, Effects, & Criticality Analysis – FMECA & FMEA
Today, most manufacturing operations face time, budget, and expertise constraints. Every part of a system plays a role in the manufacturer’s success. And while [...]
How to Perform an Asset Criticality Analysis in Maintenance
What is Criticality Analysis? Criticality analysis is a systematic approach to evaluate and prioritize assets based on the severity and likelihood of potential failures. [...]
Calculating RIME: Ranking Index for Maintenance Expenditures
Maintenance teams make tough decisions every day. Data-driven tools, like the Ranking Index for Maintenance Expenditure (RIME) can help teams prioritize the most critical maintenance [...]
7 Powerful Advantages of Asset Criticality Analysis
Asset criticality analysis is a process to identify the business value of your assets. It lets maintenance teams identify which assets are the most important [...]
Best Practices for Managing Critical Spares
Successful inventory management involves a lot of careful balance, especially when it comes to critical spares. On the one hand, keeping too many component [...]
How to Complete an Asset Criticality Assessment
The supply chain disruptions beginning in 2020 and continuing into 2022 have greatly affected the manufacturing landscape, making asset availability for production more important [...]