The bottom line

Stop Leaving Money on the Table

Maintenance and finance may not seem like natural “allies” in the battles for business achievement. However, they share common concerns and can both do a lot of good – albeit from behind the scenes. Financial managers, directors and CFOs are primarily concerned with company financial performance. They are often the watchdogs for regulatory compliance. They are in an excellent position to see what’s going on, and spotting problem areas, but not always what to do about them. Like all of us, their expertise only goes so far. (more…)

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Myth Busting 10: Shutdown coming

Myth Busting SeriesA lot of people think about this one, but their actions reveal that this myth underlies what they are thinking.

Shutdowns are major undertakings performed when production is at a standstill (zero revenues) and because of the scale of the work being undertaken, costs are at a high point. There is a natural and well-justified desire to minimize the duration and frequency of shutdowns. (more…)

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10 Myths about RCM

Despite its well-documented successes, Reliability Centered Maintenance has always drawn a lot of discussion and controversy.  Much of it is because of a lack of understanding and ‘myths’ generated to discredit RCM as a viable business solution.  Here I will fill in some of those gaps in understanding and debunk some of the myths.

  1. RCM is a type of maintenance   (wrong)

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