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Failure Elimination

The Fourth Generation of Maintenance: Failure Elimination Webinar

Cost: Free

When: May 24, 2022, 11:00 am - 11:45 am CDT

Overview:

Failure Elimination starts with precise information about the origin of problems, which components are failing, and why. While previous maintenance strategies could improve and better inform decision-making processes, a modern approach to Failure Elimination supercharges failure reporting and analysis.

In this webinar, we’ll define a true asset lifecycle philosophy in terms of equipment performance – what are the equipment performance expectations overall that sum up production requirements over time? We’ll also demonstrate how Problem–Failure-Cause codes work with your EAM / CMMS to provide maintenance with granular insights into equipment corrective maintenance activities.

Key Webinar Focus / Agenda:

  • The Business Case for Failure Elimination
  • How Failure Elimination ties into an asset strategy
  • Best Practices in designing Failure Elimination processes, standards, and procedures
  • Failure Reporting Analysis and Corrective Action System (FRACAS), and how they account for production losses
  • Implementation of good asset standards, including Problem-Failure-Action Codes
  • Key metrics and performance management considerations
  • The importance of interoperability in Failure Elimination
  • A maturity roadmap for Failure Elimination
  • A sample digital solution for Failure Elimination

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