Justification of the investment in Predictive Maintenance. How to present an investment project.
The ultimate interest of all the departments of a company [...]
The final interest of all departments of a company is the same, you just have to know which conversion factor to use to translate the information.
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The company pursues a strategic objective that must be clear to all departments and these are driven by one or more operational objectives that go in the same direction as the strategic one. If this does not happen, the moment the horses do not pull in the same direction, the carriage becomes unbalanced and loses speed as other competitors overtake it.
For this not to happen and for all departments to work in the same direction, there must be communication between them, but do they speak the same language? We can see that in most cases the answer is no.
If we belong to the maintenance department of a company in the industrial sector, we may find ourselves with operational objectives such as increasing the mean time between failures or increasing availability. As department managers, we decide to implement predictive maintenance (PdM) to achieve these objectives. We study our failure modes and determine that vibration analysis is the technique that will best help us predict the failure of our assets. So we must invest in technology.
