A primary goal at most every facility is to maximize profits. A good means of achieving this goal is to optimize your reliability and maintenance program to reduce the risk of unplanned downtime, which interferes with operations and can cost up to US $1M per day for each day your plant is shut down. The goal of Solomon’s International Study of Plant Reliability and Maintenance Effectiveness (RAM Study) is to review the operational and financial data of your program, compare that to the best performers of your industry, and give you the data needed to pinpoint trouble spots and develop the best reliability and maintenance strategy.
Knowledge = The Power to Perform Optimally
Participating in the RAM Study will allow you to squeeze the most out of each asset by pushing them to their limit to help. Your team will gain the knowledge necessary to:
- Reduce maintenance downtime with a resultant increase in margin.
- Reduce maintenance labor, material, and overhead costs with a resultant increase in profits.
- Increase production capacity without capital investment.
- Decrease the likelihood of a catastrophic event caused by maintenance-related shutdown or startup.
- Achieve operational excellence through maintenance optimization.
Reliability and Maintenance Balance
Best performers achieve high reliability at low cost! Poor performers have high cost with low reliability!