MEET THE RAM REVIEW
By Drew Troyer, CRE, CMRP, Editor
Good morning. Welcome to The RAM Review and the first installment in a weekly series of "Dispatches From The Plant” newsletters.
OUR GOAL
The RAM Review is dedicated to providing thought-provoking, expert-driven insight, practical tips, product and service solutions, and industry news and views related to areas of reliability, operational availability, and maintenance (RAM).
Our focus will be on the ever-important “people” and “process” sides of RAM.
Whether it's through our newsletters or theramreview.com, we have but one goal: to be a trusted source of information that can help you improve not only your individual performance, but that of your equipment, line, department, plant, or facility.
We intend to achieve our goal by supplying a variety of timely content aimed at driving usability, safety, environmental compliance, and profitability across your operations.
Why should you look to The RAM Review for such insight?
In a 2009 Aberdeen
Group report that compared asset-management leaders and laggards, co-authors Mehul Shah and Matthew Littlefield, both of whom are now with LNS Research, summed up seven good reason
1. Asset-management laggards endure 7 times as much downtime as upper-quartile asset managers.
2. Upper-quartile asset managers spend 27% less on asset maintenance and care than their lower-quartile counterparts.
3. Upper-quartile asset managers have over 17% higher OEE (overall equipment effectiveness) than their lower-quartile-performing counterparts.
4. Upper-quartile asset managers routinely outperform their return-on-asset (ROA) projections, while laggards typically fail to meet, much less exceed expectations.
5. Upper-quartile asset managers are more than 3.6 times as likely to be able to compare asset performance across plants than their lower-quartile counterparts.
6. Asset-management leaders are 2.8 times more likely to use historical and real-time data as actionable intelligence than are asset-management laggards.
7. Upper-quartile asset managers are 2.4 times more likely to frequently assess equipment-asset-management risk to operational capability than their lower-quartile counterparts.
OUR
TEAM
Rest assured: The RAM Review is not our first rodeo. We’ve been competing in
this arena for many years. In fact, you may be quite familiar with our seasoned editorial team.
Collectively, Ken Bannister, Heinz Bloch, Bob Williamson, Jane Alexander, and I have more than a century’s worth of experience in helping improve RAM on plant floors around the globe, including sharing best practices with countless plant professionals in books, magazine articles and columns, conference papers and presentations, and training.
But our editorial team will not be riding alone on The RAM Review. A host of other contributors at the top of their respective fields also will be weighing in on crucial RAM-related issues.
So, if you and your team, like ours, have an ongoing interest in the topic of RAM improvements, we hope you'll add our Monday-morning “Dispatches From The Plant" and website theramreview.com to your go-to list of technical resources, and then encourage others to do the same.
dtroyer@theramreview.com
