Optimized Maintenance, a Roadmap to Excellence
Abstract:Maintaining assets is a key business process in any municipal operations. When done effectively it can result in optimal asset performance, reliability and maximize the overall return on investment in the asset. Indeed, maintenance is a key enabler of many municipalities' vision of sustainability. Unfortunately, most Utilities still struggle at the maintenance function and many would rate their maintenance function as reactive and a sinkhole for precious dollars. Is the idea of being in control of maintenance an elusive dream? The answer is no, private companies have been able to successfully master this business process and maintain a competitive edge as well as sustainability of their businesses. Many companies (including some Utilities) have been able to take control and achieve the right mix of reactive and proactive maintenance – this optimal point is termed Optimized Maintenance. These companies are on the road to excellence and are reaping the benefits of reliable, high performance assets at a minimum overall cost of ownership. There is no magic bullet to achieve an optimized maintenance environment. It requires a clear vision of what this would look like, understanding of your current situation, implementation strategies and a road map to achieve the vision. This paper provides a structured approach and practical ideas to help Utilities develop and sustain an Optimized Maintenance environment necessary for a high performance O&M department.
Document Type: Research Article
Publication date: January 1, 2006
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