Voices: Management Measures

Management Measures is a monthly column written by Stanton McGroarty CMfgE CMRP about the measurements that can equip factory asset managers to identify and measure organizational output and progress. Discussions typically include data sources and implementation techniques to help with the practical side of measurement and management.

 

Performance KPIs that live and breathe

Stanton McGroarty says you’ve measured performance; now supercharge the data.

By J. Stanton McGroarty, CMRP, senior technical editor

I just received a Christmas greeting from a friend and colleague in South Africa. It reminded me that he had once given me a file that listed and defined several hundred different KPIs. I was pleased by the gift, but I still haven’t reviewed it. I’ll probably get to it when I retire. Surely there are some great measurements in there, but finding them will be a serious chore. It’s a lot like the stream of data coming from a condition monitoring program. It’s designed to inform predictive maintenance (PdM) users, but first the data must be sifted to find the useful facts. Then the useful part must be translated into actionable information, packaged, and delivered to users. It also helps if the users are trained to interpret it and rewarded for doing so. More information on making data useful is available at www.plantservices.com/articles/2012/09-lift-pdm-data-above-information-din.

Read more

More from this author...

Title

Plants must earn working capital

Stanton McGroarty says use OEE to refine investment business cases.

11/07/2013

Establishing an energy management dashboard the right way

Stanton McGroarty says real-world fixes you can apply today will pay for themselves and make your plant more sustainable.

10/10/2013

Establishing budget-based KPIs

Stanton McGroarty explains how to plan the year and live the plan.

09/13/2013

Continuous improvement KPIs

Stanton McGroarty says continuous improvement is the soul of manufacturing competitiveness.

08/06/2013

How interlocking KPIs make maintenance problems hard to hide

Stanton McGroarty explains how to build a real-time dashboard for maintenance and reliability.

07/11/2013

How to calculate your maintenance backlog

Stanton McGroarty calculates how much work maintenance departments have piled up.

06/14/2013

How much of your maintenance capacity is planned and scheduled?

Stanton McGroarty says cost management starts with spending control.

05/30/2013

Gain control of your maintenance overtime to curb costs

Stanton McGroarty says when unscheduled work creates overtime, production and maintenance disruption follows.

04/23/2013

Is preventive maintenance a second class effort?

Stanton McGroarty asks when the schedule tightens, which work gets cut.

04/04/2013

Are you doing the right work at the right time?

Stanton McGroarty says reactive maintenance destroys OEE, creating a huge competitive disadvantage.

02/12/2013

How reactive is your performance?

Stanton McGroarty says keep emergency maintenance work to less than 5%.

01/16/2013