Best Practices Webinar: Failure Modes to Failure Codes

As an improvement initiative, chronic failure analysis may be the most significant benefit yet to be realized by the world of asset management.

When stakeholders talk about the accuracy of their CMMS, they are really referring to the absence of good failure data. Consequently, when management requests any type of failure analysis, they are usually thinking of a verbal exercise and talking to people. They think this way because the work order only has a narrative describing the problem and remedy.

Without actionable data, there is no way to identify worst offenders in Pareto format. This month's webinar explains exactly how to start capturing a true failure mode in support of RCM. All that's required is the knowledge to configure the CMMS product.
Key points:

If reliability centered maintenance is your goal, failure mode should be your centerpiece as this is the language of RCM.
The asset offender report (failure analytic), once implemented, provides the reliability team the ability to identify worst offenders in multiple ways. And never assume this type of report will exist out of the (CMMS) box.
As an improvement initiative, chronic failure analysis offers the largest potential benefit in support of return on asset (ROA).

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