AM-12-70 Reliability and Maintenance (RAM) The Path to World Class Performance

Description:

Global competition has changed the manufacturing landscape forever. Reliability and maintenance (RAM) are being leveraged worldwide as competitive advantages enabling companies to ship their products around the world and compete with local producers. Benchmarks that have been quoted for decades are no longer valid. The bar has been raised with best performers achieving mechanical availability approaching 99%, with maintenance costs that are below 1.4% of plant replacement value (PRV). Solomon has collected and analyzed more than 30 years of RAM benchmarking data in the process industry from refining and petrochemical operations world-wide. Contemporary benchmarking results reveal new standards of performance.