MOVUS BLOG

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Asset Management

4 Tactics to Increase Overall Equipment Effectiveness

Manufacturing is an industry driven by competition and the best way to come out on top is to prioritise efficiency. The companies who turn the most profit are the ones who have figured out the most effective processes and procedures. Overall equipment efficiency is a measure of how well organisations maximise their output, minimise their downtime, and generally run like a well-oiled machine.

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Is The Maintenance 4.0 Dream Dead?

Are the goals of ‘Maintenance 4.0’ achievable or a pipe dream? We believe the former (and discuss how to achieve these goals). We’re currently in the midst of Industry 4.0, or the fourth industrial revolution. This era is defined by growing automation and data exchange in industrial technologies. Some of the tools that are now at our disposal include:

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Unplanned Downtime – 4 Tactics To Implement Today

The words ‘unplanned downtime’ fill operations and management teams with dread. This is because unplanned downtime leads to huge costs for companies, particularly asset-intensive industries like manufacturing. In fact, the number is upwards of $50 billion a year industry-wide, according to recent figures. 

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