1.
Reasons You Can 't
Afford to Ignore
Condition Monitoring
REDUCE MAINTENANCE TIME AND LABOR COSTS
Monitoring your assets' conditions using gauges and clipboards is no longer
cost-effective. Today, the Industrial loT allows you to identify and address issues
before failure occurs, and optimize your assets and processes to be more efficient.
,-,
Includes costs normally associated with maintenance,
such as labor and overhead, and actual materials cost
of repair parts, tools, and other maintenance equipment.*
CUT MEAN TIME TO REPAIR BY
Better plan each repair and reduce MTTR by
pinpointing precisely where the issues are in specific
machines, thereby eliminating guesswork.*
-
,----., ~
(60%)~ ,--.__,
:' 30% Rather than order and stock a full inventory of spare parts, condition
monitoring provides sufficient lead time to order parts as needed.*
,-,
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-- REDUCE DOWNTIME BY
By performing maintenance only when needed,
operators reduce the frequency of planned shutdowns,
keeping assets in service more often.**
Just during the two-year period after implementing the
predictive maintenance program. With regular monitoring,
projected reductions increase.*
EXTEND ASSET LIFE BY
Based on five years of operation with predictive maintenance.
Condition monitoring programs help prevent serious damage to
machinery and systems, increasing the operating life of assets.*
:' 30% By monitoring asset health in real-time, operators can
forecast degradation or pending failure, and modify
maintenance or production schedules.**
INCREASE PRODUCTION BY
Through consistent, accurate condition
monitoring, operators can avoid unplanned
downtime and optimize assets to operate
more efficiently.**
* Mobley, R. Ke ith. An Introduction to Predictive Ma intenance. 2nd ed. Philadelphia: Elsevier Science. 2002. 70- 73. Print.
** U.S. Department of Energy
•
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(30%)~ ,--.__,
Parker
parker.com/conditionmonitoring
ENGINEERING YOUR SUCCESS.