Plant Reliability in Dollars & $ense teaches you how to deploy the same framework of reliability management that is employed to assure safe air travel to manufacturing and process plants – only right-sized and profit-focused. As the title suggests, this seminar frames reliability in financial terms - highlighting how a well executed reliability management strategy influences profit, return on net assets (RONA) and share price. You'll see the difference between the industry leaders and laggards and learn how to close the gaps to turn the potential benefits into real profit. is taught exclusively by Drew Troyer, who combines his expertise in reliability engineering, his MBA and his years of experience working with senior level managers. This power-packed two-day event will redefine your view of plant and process reliability management. is not a maintenance seminar. Rather we take a cross functional look at manufacturing process reliability management and link it to key financial performance indicators. If your organization is deploying Lean manufacturing, you’ll learn why you can’t be if you’re not . In Plant Reliability in Dollars & $ense, you’ll learn how to:
Senior level and non-technical managers gain an understanding about how a framework of reliability management can positively influence the business. Reliability engineers and technical managers learn how to present their initiatives and accomplishments in economic terms that are familiar and important to senior managers, the investment community and company shareholders.
Machine condition monitoring is essential to managing plant maintenance because it enables corrective maintenance of equipment to be performed on-condition, thus minimizing unscheduled downtime, collateral equipment damage during a failure event and reducing health, safety and environmental risks. It also enables us to avoid the execution of irrational, “hard time” replacement or rebuild of the assets based upon hours, cycles, miles, etc., which has proven over the years to have a neutral, or in some cases, even a negative effect on reliability due to early life failures associated with flawed new parts and workmanship. Condition monitoring is also essential for improving the reliability of our assets by supporting proactive control of the primary root causes of machine failure – misalignment, unbalance, looseness and poor lubrication.
Taught by Drew Troyer, one of the world’s leading authorities on manufacturing and process plant reliability engineering and management, Machine Condition Monitoring in Dollars & $ense takes a holistic look at machine condition monitoring and relates it to organization objectives of profit, safety, return on net assets (RONA) and, ultimately, share price. In Machine Condition Monitoring in Dollars & $ense, you’ll learn how to:
This course provides delegates with a comprehensive view of machine condition monitoring strategy and applications. It relates machine condition monitoring to reliability strategy, Lean objectives and the financial performance of the firm. Managers need this course to understand how machine condition monitoring drives business performance. Engineers need this course to learn how to incorporate machine condition monitoring information into process management, design and supply chain management optimization. Machine condition monitoring technologists need this class to understand how to present their value proposition to management and to see the big picture and avoid the trap of being solely focused on their technology of specialization.
Unfortunately, most preventive maintenance programs fail to do what they’re supposed to do – prevent failure! Some PM tasks actually cause failure. Others don’t do any harm or good. Still others could be effective if they were clearer, less ambiguous or performed at a more appropriate interval. Also, many organizations have incorporated condition-based maintenance into their PM policy, but failed to eliminate the time-based tasks the condition-directed tasks were intended to replace. In this course, taught by Drew Troyer, you’ll learn how to:
Grounded in sound reliability engineering principles, our process teaches you how to conduct FRACAS-based PMO, which is driven by existing data, judgment-based PMO, which is based on using the Delphi method to gather the collective wisdom of your experienced team in an unbiased manner, and the RCM-based approach, which is used sparingly. You’ll also learn how to properly document PMs, create machine class standards for enterprise deployment and manage change and innovation in the process.
In many instances, we wind up spending less on preventive maintenance, but the true objective of this course is to teach you how to make sure that every dollar you spend on preventive maintenance is improving reliability and creating financial value for your firm.