Building A Maintenance Strategy With Value Driven Maintenance

Guy Delahay, Owner and Managing Partner at Mainnovation Inc., discusses building a winning maintenance strategy through the use of the Value Driven Maintenance methodology, a state of the art framework that calculates economic added value of maintenance using Net Present Value techniques and industry specific maintenance benchmarks. Organizations that have embraced this practice have been able to achieve impressive results including:

– 30% Uptime Improvement
– 50% Cost Reduction
– 40% lower MRO stock value

Watch the video to understand the steps involved in building a winning maintenance strategy, such as understanding your Dominant Value Driver, utilizing KPI’s and bench-marking, implementing Maintenance Best Practices, and exploring Value Drive Maintenance.

Upcoming Live Best Practices Webinar

Topic: Asset Criticality for Proactive Maintenance
Date: Wednesday, May 24, 2017
Time: 11:00am – 12:00pm ET (10:00am CT, 9:00am MT, 8:00am PT, 4:00pm GMT)
Speaker: Terry Harris, President, Reliable Process Solutions, LLC

Identifying Asset Criticality Ranking is a critical starting point for any maintenance and reliability improvement process. During this month’s Best Practices Webinar, Terry Harris, President, Reliable Process Solutions, will discuss the importance of Asset Criticality, and provide a demonstration of a Criticality database.

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