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Get Started on a Best Practice Maintenance Strategy | Infographic

Get Started on a Best Practice Maintenance Strategy - 4 Maintenance StrategiesThere’s a technological renaissance that is transforming the look, systems, and processes of the modern factory. You might even call it a sea change. Advanced digital and analytical technologies are reinventing the rules of competition, how work will be performed and what leaders must do to lead. Whether you call it Industry 4.0, Manufacturing 4.01, or the Connected Factory, what’s underway heralds a remarkable opportunity for industrial manufacturers.

So what does the “back-of-the-house” maintenance function have to do with such big picture, strategic changes? Everything! As manufacturers work to identify, adopt and scale enabling technologies – such as smart machines, the Internet of Things, Big Data, plant floor analytics, mobile computers, the cloud, and collaborative robotics – maintenance will of necessity be redefined and transformed. Leveraging these enabling technologies will allow maintenance to improve efficiency, cost, and performance on the factory floor, which in turn can create a competitive advantage. But beyond that, enabled maintenance can become a new and different revenue stream for the OEM portion of manufacturing. This means that OEMs can utilize data and analytics to sell customers condition-based maintenance, asset optimization, and predictive performance management programs for their equipment, creating a new level of maintenance competitive advantage by adding unique value.


But how do today’s manufacturers get from here to there? How do they use these new data and computing tools to go from reactive maintenance – repairing machines that are broken – to proactive or predictive maintenance – monitoring for future equipment failure and performing maintenance before failure occurs?

Get Started on a Best Practice Maintenance Strategy | Four Strategies for Making Maintenance Your Competitive Advantage white paper cover | Parker GlobalIt starts with having the vision to build a world-class maintenance strategy. Download our white paper, Four Strategies for Making Maintenance Your Competitive Advantage for the critical details on building your company's maintenance strategy, and steps to enable your company to gain a competitive advantage.

 

 

 

4 Maintenance Strategies for Your Competive Advantage

 

Contributed by our Parker Global Team.

 

Related, helpful content for you:

Deploying a World-Class Maintenance Strategy Enables OEM Competitive Gain

Industrial Manufacturing Competitiveness Requires Strategic Investment

Examining Manufacturing Processes to Improve Efficiency

IoT Helps OEMs in Key Performance Indicator Area

Be Efficient in the Remote World of Today’s Manufacturing Environment

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