Nov 29, 2011 guy delahay, owner and managing partner at mainnovation inc. A valuedriven investor strategy can help identify areas of misalignment between business direction and investor needs. The world economic forums strategic infrastructure initiative is a collaborative reflection of the steps required to efficiently and effectively deliver economic. Scribd is the worlds largest social reading and publishing site. Traditionally, a competitive business strategy has involved performing different activities than. The simple strategy to create a business you love teal, benjamin on.
Value driven preventive maintenance activities using quadrant. Value driven maintenance discover the hidden value in your. The maintenance strategy aims to state how this will be achieved. Performance indicators and terminology for value driven maintenance. Building a maintenance strategy with valuedriven maintenance. In this paper we will present a maintenance planning approach, called value driven maintenance planning vdmp, to emphasise the fact that the objectives of the plant are the reference points for.
Technology solution maintenance strategy improved business performance customer business objectives business objectives drive the maintenance strategy, which in turn drives the technologies and solutions applied. Applied broadly, this values driven approach offers companies new opportunities for value creation, benefiting not only shareholders, but employees, customers, communities, and society at large. An effective maintenance unit is expected to draw up work. Once you combine vdm with plant wellness way systemofreliability analysis you get practical solutions. Applied broadly, this valuesdriven approach offers companies new. Reliabilitycentered maintenance methodology and application.
Further, a number of driving forces and obstacles, that influence the implementation of maintenance strategies, have been identified. Prioritizing valuecreating activities the role of value drivers identifying and managing value drivers helps management focus. Both former chairmen of the dutch maintenance association nvdo and authors of the book entitled value driven maintenance, new faith in maintenance. Maintenance strategy definition and development is a critical success factor in the customers value chain.
Valuedriven maintenance is a strategy to optimize the value derived from maintenance at any particular point in time. Industry agenda strategic infrastructure steps to operate and. Next, we assess their potential for value generation and end up by defining a strategy that will allow us to capture the maximum of value in a sustainable way. Jul 23, 2015 guy delahay, owner and managing partner at mainnovation inc. Holistic incorporate all aspects of maintenance, and its relationship with the remainder of the organisationmotivational it must build high levels of commitment and momentum towards achieving the desired outcomesfocused it must. It is a method that builds a bridge between traditional thinking on maintenance and managing by economic added value.
Maintenance, repair, and operations mro in asset intensive industries. Over time, this has come to include multiple wordings that describe various costeffective practices to keep. An analysis of maintenance strategies and development of a model for strategy formulation a case study master of science thesis in the master degree programme, production engineering gustav fredriksson hanna larsson department of product and production development division of production systems chalmers university of technology. Guy delahay, owner and managing partner at mainnovation inc. Asset utilization is also a function of operating rate, quality and yield losses, etc. Not only does vdm simplify the boardroom discussion, it also shows that far from being a cost center, maintenance is actually a major economic value within the overall business performance. Pdf maintenance strategy selection and its impact on. Condition based maintenance as a strategy therefore looks for physical evidence. The criticality value should be a numerical value of at least 4 digits to enable accurate ranking of all plant assets. A desired culture that uses costeffective maintenance strategies to advance safety and reliability. It can determine where to make changes in business strategy, financial strategy, targeted investor groups, and communication strategy. Vdmxl builds a bridge between traditional maintenance philosophies, long term asset replacement strategies and managing by economic added value. Prioritising major maintenanceprojects using a business risk matrix. As their tpmbased maintenance strategy was only aiming at plant uptime, volvo cars implemented vdm to optimize the maintenance costs.
Part i depot maintenance strategic plan executive summary. Methodology development of an effective maintenance strategy for critical equipment requires a sound. This document is dealing with strategic planning from a specific perspective. Mainnovation is the founder of vdm, a worldwide renowned method for value driven maintenance. New faith in maintenance mark haarman, guy delahay on.
We studied a large number of published bpm cases and gathered additional data from case studies and interviews with organizations spanning industries. Value driven maintenance vdm builds a bridge between traditional maintenance philosophies and managing by shareholder value. Cost consideration is a key factor in any developed strategy as no key can function without cost input. The author, anthony kelly, an experienced international consultant and lecturer on this subject, calls his approach businesscentred maintenance bcm because it springs from, and is driven by, the identification of business objectives, which are then translated into maintenance objectives and which underpin the maintenance strategy formulation. This is why mainnovation developed the value driven maintenance method. Vdm shows where the added value of maintenance lies and how the maintenance organization can best be structured to materialize that value. Reactive maintenance is merely expressed as a maintenance strategy in which deed of maintenance is actually a reaction to a failure occurrence 17, 9, 18 and 19. Value drivers must be defined at a level of detail consistent with the decision variables that are directly under the control of line management.
As the adoption of these enabling technologies grows, new strategies will emerge, redefining the asset. Pdf performance indicators and terminology for value driven. Riskbased inspection will allow companies to better. Past, present and future at the highest level, a strategy is an approach to doing business 12. An analysis of maintenance strategies and development of a. Developing information technology strategy for business value journal of information technology management volume xviii, number1, 2007 51 it strategy. As a result from this research, a process for the formulation of maintenance strategies has been developed. With valuedriven maintenance, maintenance managers should focus on the value driver that delivers the biggest return for their organization. We start by looking at what resources the firm possesses.
Value should include the reduction in corrective maintenance cost both the failed equipment and other affected facilities, cost to restart the proquestions and answers value based rcm contact duction, cost of production downtime such as lost revenue, penalties etc. Regular monitoring, via the ami network, has allowed these utilities to eliminate manual maintenance, and more effectively schedule maintenance for atrisk devices. Maintenance improvement, to be effective, must be driven by a longer term view of where an organisation wishes to direct its efforts. Apr 12, 2020 maintenance improvement, to be effective, must be driven by a longer term view of where an organisation wishes to direct its efforts. Part of being ready should be having an interested manager, a couple of shopfloor scorekeepers and a financial person on your team. Choose the ones whose eyes light up when you talk about fixing top production problems. Maintenance dilemma what is actually the added value of maintenance. Following the big success of our first book, vdm, new faith in maintenance, mainnovation has developed a new methodology. Valuedriven maintenance planning for a production plant. Actions performed on a detect, preclude, or mitigate degradation of a component or system with the aim of controlling degradation to an acceptable level.
Jan 01, 2009 value driven maintenance planning for a production plant value driven maintenance planning for a production plant rosqvist, t laakso, k reunanen, m. Non maintenance related downtime may be attributed to lack of demand, an interruption in raw material supply or production scheduling delays beyond the control of the maintenance function. An organizations maintenance strategy may consist of many thousands, even tens or hundreds of thousands of preventive maintenance activities. Once optimal preventive maintenance actions are decided with vdm analysis, the cmms can be configured to automatically trigger the work orders. Value driven maintenance new faith in maintenance bemas.
Operator driven reliability is a question often asked in industrial sites on the climb up to world class operating asset reliability and operational excellence. Once the team has agreed to the preliminary criticality ranking, the next step is to evaluate the existing maintenance strategy for that particular asset, if there is any. The asset reliability process represents the collection of all tasks required to support the maintenance function. Vdm makes the economic added value of maintenance quantifiable and. Value driven maintenance vdm is developed by mainnovation in close cooperation with leading maintenance organizations from different industries. In this paper we will present a maintenance planning approach, called valuedriven maintenance planning vdmp, to emphasise the fact that the objectives. Value driven maintenance vdm is a fairly new maintenance management methodology based on four. We spend a lot of time extolling the virtues of preventive maintenance, but its far from the only maintenance strategy out there. Vdm builds a bridge between traditional maintenance philosophies, long term asset replacement strategies and managing by economic added value. Value driven maintenance discover the hidden value in your maintenance organization mark haarman, mainnovation maintenance value, benchmarking, kpi dashboard, best practices. Development of equipment maintenance strategy for critical. Nelson thotwave technologies, chapel hill, nc abstract the evergrowing volume of data challenges us to keep pace in ensuring that we use it to its full advantage. Value driven maintenance discover the hidden value in.
Implementation value for money will be provided by. How can they continue to deliver shareholder value while delivering societal value. There are many different approaches that you can mix and match, depending on your assets, your industry, and the size and experience of your maintenance team. Maintenance, repair, and operations mro in asset intensive. The resourcebased rb theory, by contrast, can be seen as an insideout process of strategy formulation. This maintenance strategy uses sensors to monitor key parameters within a machine or system, and uses this data in conjunction with analysed historical trends to continuously evaluate the system health and predict a breakdown before it happens.
Depot maintenance strategic plan executive summary this depot maintenance strategic plan articulates the department of defenses strategy and plans for ensuring its organic depot maintenance infrastructure is postured and resourced to meet the national security and materiel readiness challenges of the 21st century. Like wolves who thrive and survive by fierce collaboration and serving one another, echowolf solutions offers organizations, individuals and their supplier partners resultsdriven strategies for growing company profitability, reducing costs, increasing efficiencies and performance all while building the brand, maintaining safety and reliability. Furthermore, to achieve this vision one need to have a strategy which connects. A good cmms will compliment valuedriven maintenance. In the course of the ready phase of the datadriven maintenance process, you will have dealt with a variety of people. Vision the vision is to provide maintenance that is value for money, effective, business focused and responsive to customer needs. Used alone vdm gives you a starryeyed view of maintenance savings. Industry agenda strategic infrastructure steps to operate. A value driven investor strategy can help identify areas of misalignment between business direction and investor needs. And they must do this so as to create maximum economic value for the business. Applying of the reliabilitycentered maintenance methodology showed that the main time between failures for the plant equipments and the probability of sudden equipment failures are decreased. Many entities define their strategy from the inside out. Building a winning maintenance strategy slideshare. The technical meaning of maintenance involves functional checks, servicing, repairing or replacing of necessary devices, equipment, machinery, building infrastructure, and supporting utilities in industrial, business, governmental, and residential installations.
Seven strategies for combining profits with principles our research and experience have lead us to identify seven operating disciplines that values. More recently, advances in sensing and computing technology have given rise to predictive maintenance pdm. Generic value drivers, such as sales growth, operating margins, and capital turns, might apply to most business units, but they lack specificity and cannot be used well at the grass roots level. The difference between tpm autonomous maintenance and operator driven reliability tpm autonomous maintenance vs. Aug, 2012 in the course of the ready phase of the data driven maintenance process, you will have dealt with a variety of people. Value driven maintenance is a financial modelling method to pick maintenance process improvements. Omitting any element will result in poor equipment performance, increased maintenance costs. Owner of mainnovation, guy delahay, shares his strategies and uses of value driven maintenance methodology. This is a cost we could minimize under a different maintenance strategy. Valuedriven maintenance planning for a production plant valuedriven maintenance planning for a production plant rosqvist, t laakso, k reunanen, m. Senior facility leaders must drive the necessary behavioral.
Our team identified transparency as the first core value associated with bpm. Impact of maintenance strategies on the performance of. Chapter 5 types of maintenance programs us department of energy. Costs are minimized in every business model, but low cost structures are more important to walmart, for example, and no frills airlines. Its therefore helpful to distinguish between two broad classes of business models. Selecting the correct maintenance strategy reliabilityweb.
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