Maintenance, in all its essence, is an absolutely indispensable activity for  all organizations today. Downtimes or any damage due to malfunctioning of an  equipment are most expensive and thus an immense squeeze in the profits. Almost  each and every organization across industries have woken up to this fact and  employ some or the other maintenance system
Furthermore to just having a system in place to take care of the maintenance activities, organizations today are moving towards most intelligent and sophisticated methods of maintenance viz. Predictive Maintenance and Reliability Centered Maintenance.
Furthermore to just having a system in place to take care of the maintenance activities, organizations today are moving towards most intelligent and sophisticated methods of maintenance viz. Predictive Maintenance and Reliability Centered Maintenance.
 The goal of Predictive Maintenance is to perform maintenance exactly  when the equipment needs it - neither earlier nor later than necessary. This  essentially means tracking key indicators over time to predict when the  equipment needs repair. Predictive maintenance programs measure equipment on a  regular basis, track these measurements over time, and take preventive action  whenever the measurements are about to go outside the operating limits.  Repairing equipment as-needed requires fewer man-hours and parts than corrective  maintenance.
In a similar fashion, Reliability Centered Maintenance focuses on prioritizing maintenance efforts based on equipment's importance to operations, its downtime cost in revenue and customer loss, its cost of repair, and its impact on safety. It offers extensive analytical data to ensure that the critical equipments are identified and maintained on a priority. Reliability maintenance depends on the same measurements used in predictive maintenance, but saves additional maintenance cost by spending less effort on lesser important equipments
The EAM (Enterprise Asset Management) module in the Oracle E-Business Suite family offers these refined maintenance techniques of Predictive Maintenance as well as Reliability Centered Maintenance
But as they say, just implementing something does not ensure a job been done. It is equally important for people working with these methods to understand them thoroughly and learn how to identify potential problem areas. If an intelligent solution is implemented and work practices change accordingly, phenomenal results become apparent pretty soon.
In a similar fashion, Reliability Centered Maintenance focuses on prioritizing maintenance efforts based on equipment's importance to operations, its downtime cost in revenue and customer loss, its cost of repair, and its impact on safety. It offers extensive analytical data to ensure that the critical equipments are identified and maintained on a priority. Reliability maintenance depends on the same measurements used in predictive maintenance, but saves additional maintenance cost by spending less effort on lesser important equipments
The EAM (Enterprise Asset Management) module in the Oracle E-Business Suite family offers these refined maintenance techniques of Predictive Maintenance as well as Reliability Centered Maintenance
But as they say, just implementing something does not ensure a job been done. It is equally important for people working with these methods to understand them thoroughly and learn how to identify potential problem areas. If an intelligent solution is implemented and work practices change accordingly, phenomenal results become apparent pretty soon.
 
