How to improve maintenance and asset management

Are your maintenance and asset management systems proactive or reactive?

Companies that deliver quality products and services on time at competitive prices know the importance of maintaining their production assets and facilities. By supporting their teams’ ability to manage these resources, they gain in on-time delivery and greater utilization of materials.

When they prioritize equipment reliability, best-in-class manufacturers enjoy significant increases in overall equipment effectiveness (OEE).

High-reliability initiatives are also helping leading hospital systems improve safety and patient experience and reduce clinician burnout.

We agree with this article in PharmTech: If your maintenance improvement and asset management program does not include continuous monitoring with digital tools and condition-based predictive maintenance, you’re more at risk of unexpected shutdowns or regulatory action.

A solid maintenance strategy can cut costs, improve quality and boost production. Experts in the maintenance and asset management field agree that practices and tools must continue to evolve with an emphasis on developing people’s skills, creating a collaborative environment and robust processes and leveraging new technology.

We find, however, that many firms do not pay attention to equipment maintenance. The reasons are usually the same: everyone is too busy with day-to-day operations to take a hard look at what’s really required to maintain equipment reliability and compliance.

Best practices in maintenance improvement

Maintenance improvement best practice brings together principles of Lean, Reliability Centered Maintenance, Total Productive Maintenance, 5S, Computerized Maintenance Management, and Work Order Management methods.

Best Practice Maintenance

Daniel Penn Associates brings extensive experience in maintenance management. For manufacturing and health care operations, we develop and install the disciplines, processes, and systems to significantly reduced downtime and operating costs while improving reliability, productivity, and compliance.

Success Stories and How-To’s

How we Work

Daniel Penn Associates helps healthcare providers, manufacturers and educational institutions manage their critical assets and facilities. We help minimize downtime, enhance safety and reduce operating costs.

We tailor our maintenance management approaches and recommendations to each client. Our consulting support addresses your specific situation, objectives and engagement deliverables. We begin with an assessment to understand your requirements and configure a solution that is best suited to your needs and objectives. DPA’s maintenance experts perform on-site diagnoses to identify gaps between where you are now and where you should be based on current practices and performance. We then develop an approach to close the gap based on your priorities and expected benefits. Finally, we apply our expertise to help you implement solutions.

Typical benefits from DPA Maintenance projects include

  • 25% Reduction in Emergency Breakdowns
  • 20% Reduction in Equipment Downtime
  • 10% Reduction in Labor Costs
  • 10% – 15% Reduction in MRO Inventory Costs
  • 5% – 10% Overall Reduction in Maintenance Costs

Ready to discuss your operational goals and challenges?

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