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Wednesday, June 20, 2012

Explaining Impact of Reliability to Bottom Line

Education is one of the most important tools to explain how Reliability delivers to bottom line. Many organizations lack understanding and commitment to delivering Reliable Capacity. Start by showing everyone the cost of reactive vs. proactive Maintenance: downtime, maintenance and operational cost for critical assets. Proactive Maintenance cost is 3-5 times less. Then, complete an assessment comparing current practices to known Reliability best practices to develop an improvement plan for the future.

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