Maintenance

March 17, 2020 By

Maintenance Industry 4.0 Self Assessment

We thought the Maintenance Industry 4.0 Self Assessment would be a good place to start.  This self assessment has 5 levels and we have included the first level hear for you to try free of charge.

Why should I use this self assessment?

Its simple. Every organisation we have visited without fail has a target of 40% reactive work and 60% planned work or better.  We found this can be as high at 70% reactive and 30% planned.

The financial impact of having a high ratio of reactive works is

  • 30% cost over run
  • 20% more equipment down time
  • 30% more capital costs
  • 20% less equipment availability
  • 100% dissatisfied customers.

You should use this self assessment to begin to understand if your maintenance routines are under control or not and gain control of your maintenance budgets.

What is the structure of the self assessment?

This self assessment analysises how well your maintenance team or maintenance provider is using your Computer Aided Facilities Management System (CAFM).  The self assessment has 7 sections.

Each section in the assessment has five questions. Questions are scored between 0 and 4.

Sections can have a minimum score of 0 and a maximum score of 24.

What do the scores mean?

The scores for each section translate to a colour.

Score 0 and 9 = RED

between 10 and 19 = AMBER

20 and above  = GREEN

How to translate the scores

Convert scoring to financial performance

If you take your full maintenance budget then

Green = 0% saving.  You are a maintenance master

Amber = 2.5% could be achieved. Look for improvements.

RED = 5% savings achievable in financial year.

Summary

Try the first level (CAFM) section of this self assesssment for free.  The full self assessment tool is available for a one of payment of only £750.

We are keen to keep in touch to get your feedback on the self assessment tool and understand if the estimates for cost savings in your business are comparable to other organisations we have worked with.

Please let us know what you think of the self assessment tool and if you would like any changes or enhancements and we look forward to hearing from you.

Feel free to contact us at https://globaliotsolutions.co.uk/contact/