A Guide to Energy & Utilities Asset Management
From 2024 to 2029, the utility asset management market is expected to grow by up to 7.5%. [1] That’s a considerable figure and a clear reflection of just how crucial asset management has become in the energy and utilities sector. As more and more companies are beginning to have to navigate the challenges of aging…
Read MoreReactive Maintenance: Metal Manufacturing Plants Edition
Introduction Reactive maintenance represents one of the most commonly employed maintenance approaches in metal manufacturing, including preventive and predictive maintenance. In this article, we will explore in more detail what reactive maintenance is, when and why it is used, how to best perform it, its advantages and disadvantages, as well as the comparison between planned…
Read MoreWhat is Idle Time?
Idle time might seem like a harmless pause, but it’s actually a productivity killer that’s not talked about often. Machines sitting idle, employees waiting around, and projects stuck in limbo. That’s idle time in action. But what’s causing it? And why should you care? In this guide, we’ll break down everything about idle time—what it…
Read MoreHow to Boost Operational Efficiency with Smart Strategies?
A company’s success is surely defined by its driven employees and the quality of the products and services – but more so by how efficiently the company utilizes its resources to deliver exceptional results at reduced costs while maintaining quality. This is what distinguishes a successful business from the ones struggling to make it to…
Read MoreConstruction Asset Management: Definition, Examples and ProcessesWhat is Process Failure Mode and Effect Analysis (PFMEA)?
LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.
Read MoreWhat is Operations and Maintenance (O&M)?
Running a facility isn’t just about keeping things moving but also about creating harmony between people and machines. Both need to operate at their best, free from safety concerns, to keep everything running smoothly. That’s where Operations and Maintenance (O&M) come in. These two practices tackle different aspects of the job but work hand-in-hand toward…
Read MoreWhat is Mean Time to Failure (MTTF) and How to Calculate It
LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.
Read MoreWhat is Design Failure Mode and Effect Analysis?
LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.
Read MoreMRO Inventory Optimization and Best Practices
LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.
Read MorePreventive Maintenance in Aviation: A Guide
Preventive maintenance in aviation is heavily regulated by the Federal Aviation Administration (FAA). Only properly trained pilots and technicians can perform preventive maintenance on commercial aircraft. The maintenance strategy itself has a specific and narrow scope. It cannot involve complex assembly operations, and maintenance needs to be properly logged and documented so an aircraft can…
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