Do you remember, “Six months or sixteen thousand kilometers”? Until the advent of modern lubricants, that was the oil change interval for most cars. Calendar (six months) or time (sixteen thousand kilometers) based maintenance planning is a “better-safe-than-sorry” approach to your personal vehicle maintenance. The planned maintenance occurs at set intervals, regardless of whether the vehicle actually needs the maintenance. This means you pay a few dollars more than you might otherwise for the peace of mind.
Sure, this strategy will prevent you from experiencing engine oil problems, but if your car could actually go eight or ten months without needing an oil change, wouldn’t you rather wait and get the maximum life out of the oil you paid for? What if you owned a fleet of one hundred cars? The impact of the extra two to four months extension on the oil change intervals is financially significant.
The Condition Based Maintenance Solution
For industrial organizations, the ones that really do have a “fleet of one hundred cars” or something equivalent, planned maintenance is just not very feasible. They need a better solution that will allow maintenance to be done only when it is actually required.
For this reason, most organizations eventually move away from Calendar or Time based maintenance planning to Condition Based Maintenance (CBM) as a way to maximize their industrial asset investment and optimize maintenance planning. Relying on asset health monitoring, a CBM program determines when the asset requires attention.
CBM sounds like the ideal strategy, and it can be. The thing is, though, CBM only really works if you have the spare parts available when you need them. And that isn’t always the case.
Where are my parts? The Importance of Supply Chain Management
When it comes to your industrial asset fleet, all the CBM in the world is not going to help if the parts you need to make the repair are sitting in a warehouse at the other end of the country.
Take, for example, a heavy hauler fuel injector. Even when you can detect that the injector is failing and tell the maintenance planners that they unit is going to need a replacement soon, unless someone ensures there is a spare injector on-site, it’s all useless. All the CBM in the world won’t increase asset availability if the parts aren’t there when the unit comes in for repair.
This is why supply chain management is a critical aspect of your asset management strategy. Without the management of the timing and location of spare parts, the efficiency and effectiveness of your asset maintenance will suffer, no matter how good your CBM implementation is.
In addition to notifying you to the performance degradation or impending failure of your assets and allow for more effective maintenance planning, the prescriptive Dexcent Asset Analytics System (DAAS) will support supply chain management to help resolve this issue as well. DAAS provides digital notifications to procurement, warehouse staff, or even your parts vendors to ensure you have the inventory when and where you need it.
With DAAS, you can utilize your CBM strategy to the fullest because you won’t have to worry about parts not being on-site when you need them. If your organization is interested in improving your CBM strategy and, by proxy, your asset management program through effective supply chain management, please contact Dexcent today for more information.