Downtime reduction starts with focus. Monitor the assets that cause the biggest production impact when they fail.
Step-by-step approach
- Build a critical asset list.
- Define failure indicators per asset type.
- Set alert thresholds and escalation owners.
- Run weekly reliability review meetings.
- Track intervention lead time and incident trend.
Metrics that prove progress
- Unplanned stoppage hours.
- Mean time between failures.
- Emergency maintenance spend.
- Percentage of planned vs reactive work.
Condition monitoring is most effective when alerts are tied to clear maintenance actions.