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06/26/2008
MASS Group Releases
FactoryServer CMMS EAM V4.4

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Whitepapers

09/01/2008
Asset Performance Management
MASS Group 

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This benchmark investigates the ways top performing companies develop corporate cultures of reliability and leverage investments in advanced Asset Performance Management (APM) capabilities to improve operational performance by optimizing asset availability, utilization, and flexibility. Top performing companies are optimizing asset performance and integrating operational metrics with financial metrics for top line and bottom line
improvement in performance.

Best-in-Class Performance
Aberdeen used four Key Performance Indicators (KPIs) to differentiate Best-in-Class, and they averaged the following performances:

• 89% Overall Equipment Effectiveness (OEE)
• 96% On-Time Delivery (OTD)
• 97% plant throughput
• 95 % asset effectiveness

"We launched a strategic
initiative for asset performance improvement two years ago focused on OEE and Maintenance cost reduction among others. There is executive ownership to each of these initiatives. This is considered a critical success factor in our organization to improve performance. The plant maintenance processes
are standardized across the
sites with site specific
differences. The strategic goal
of improving OEE is focused on by both operation and
maintenance teams through
setup time reduction, increased reliability, etc. We measure our KPIs in real time and the actionable intelligence is used by management and
department heads across the
organization to influence
decisions."

Manufacturing,
Large Semiconductor Company