Maintenance Technology May 2016 - (Page 22)
OPERATIONAL STRATEGIES
Every site, regardless
of industry sector,
has a 'hidden plant'
that holds great
potential for higher
production rates and
lower costs.
Unleash Your Plant's
Hidden Potential
Equipment effectiveness is key to meeting desired production levels,
lowering costs, improving quality, and, ultimately, boosting profits.
David Rosenthal, P.E., CMRP
PRODUCTION TIME IS a terrible thing to waste. Sadly,
manufacturers across continuous-process and discrete industries are doing just that. They're not addressing the "hidden
plant" that holds great potential for higher production rates
and lower costs. As an example, consider the situation that the
dropping oil prices caused in many operations.
To consumers, low oil prices may be a blessing. To manufacturers that depend on demand for their oil-based products and
the price of incoming raw materials, however, it's a dualpronged challenge, i.e., ensuring that fixed and variable costs
are minimized and production rates are maximized to attain
desired margins. Addressing this situation is a good example of
22 |
MAINTENANCE TECHNOLOGY
where the "hidden plant" comes in-and every site has one.
The "hidden plant," which no one can see, represents the
part of an operation that helps generate profits, but not through
the production of saleable product. Fortunately, there are
numerous tools and methods available to help unleash your
"hidden plant." It all starts with Overall Equipment Effectiveness (OEE).
Importance of OEE
Overall Equipment Effectiveness is crucial to all industries,
regardless of sector. It points to waste in terms of equipment
breakdown, slower running times, and making off-specifiMAY 2016
Table of Contents for the Digital Edition of Maintenance Technology May 2016
Editorial
Uptime
On The Floor
A 40% Production Boost From Reliability
Beck Helps Women Excel In Engineering
Unleash Your Plant's Hidden Potential
Right-Size Your Maintenance Organization
Respect The Cornerstones of Manual Grease Lubrication
Motor Connection Advice
Maximize Millennial Workers
Compressed Air Filtration
Pneumatic Tubing & Hose Specs
Products
Showcase
Ad Index
Final Thought
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