Put simply, this measure is calculated by multiplying availability (inverse of downtime), performance (how much output versus target) and quality (yield of good output) . Mean Time to Repair (MTTR) — MTTR is calculated by dividing the downtime length by the total number of downtime events.
How do you evaluate maintenance performance?
- Planned maintenance percentage (PPC) ...
- Overall Equipment Effectiveness (OEE) ...
- Mean time to repair (MTTR) ...
- Mean time between failure (MTBF) ...
- Preventive maintenance compliance (PMC)
What are preventive maintenance indicators?
- Productivity.
- Equipment downtime.
- Equipment costs.
- Preventive maintenance efficiency.
How is PM compliance measured?
Your organization’s PM compliance is the percentage of total completed PMs in a set period of time. To find it, divide the total number of completed PMs by the total number of scheduled PMs within that period, then multiply the result by 100 .
What types of measurements must be taken in order to gain an understanding of the effectiveness of maintenance?
To measure effectiveness, you must measure the number of failures, time between each failure, and type of failure . Measuring the number and time between failures will provide you with the basis to calculate a widely used measure of system quality.
What is maintenance efficiency index?
The OEE is one of the most important KPIs in maintenance. It measures the overall effectiveness of the company, which allows you to determine whether the processes you’ve put in place are efficient or not . As a standard rule, aim for an OEE at 77% or above.
What are the 5 key performance indicators?
- Revenue growth.
- Revenue per client.
- Profit margin.
- Client retention rate.
- Customer satisfaction.
How do you measure maintenance KPI?
A wide array of businesses tracks KPIs. However, in the maintenance world, these metrics monitor performance against goals tied to things like machine failures, repair times, maintenance backlogs, and costs. One of the best ways to track maintenance KPIs is by using Computerized Maintenance Management Software (CMMS) .
What is key performance indicators in maintenance?
Key performance indicators (KPIs) measure the performance of a person, department, project, or company over time, and how effective they are at achieving their aims . Maintenance KPIs measure how well your operation is doing at achieving its maintenance goals, like reducing downtime or cutting costs.
What is PPM compliance?
PPM stands for Planned Preventive Maintenance, more commonly referred to as simply planned maintenance or scheduled maintenance. It is a proactive approach to maintenance in which maintenance work is scheduled to take place regularly and consequently documented once it has taken place .
What is planned maintenance percentage?
Planned maintenance percentage is calculated by dividing the total number of planned maintenance hours in a given period by the total number of hours spent on all maintenance in the same period . This number is multiplied by 100 to give you the final percentage.
What are metrics used for?
Metrics are measures of quantitative assessment commonly used for comparing, and tracking performance or production .
What is maintenance efficiency?
Maintenance effectiveness is expressed as a ratio percentage between the following three categories of technician activities: Planned, Corrective, and Breakdown . Put simply, 100 percent of all maintenance activities can be placed into one of these three buckets.
What are examples of key performance indicators?
- Customer Acquisition Cost. Customer Lifetime Value. Customer Satisfaction Score. Sales Target % (Actual/Forecast) ...
- Revenue per FTE. Revenue per Customer. Operating Margin. Gross Margin. ...
- ROA (Return on Assets) Current Ratio (Assets/Liabilities) Debt to Equity Ratio. Working Capital.
What are the 7 Key Performance Indicators?
- Engagement. How happy and engaged is the employee? ...
- Energy. ...
- Influence. ...
- Quality. ...
- People skills. ...
- Technical ability. ...
- Results.
What are the 4 types of performance indicators?
- Workload or output measures. These measures indicate the amount of work performed or number of services received. ...
- Efficiency measures. ...
- Effectiveness or outcome measures. ...
- Productivity measures.
What are your top 3 Key Performance Indicators?
- Common Types of Indicators. ...
- Financial indicators are the most commonly used metrics for performance including: revenue growth rate, net profit, return on investment, among others.
