Simplifying Facilities...
Define Depreciation In the most efficient way possible, a corporation needs to subtract costs against sales. But being efficient doesn’t mean that you always instantly subtract a cost. Depreciation allocates the expense…
What is Prescriptive Maintenance? Predictive maintenance is a method that uses software and methods for data analysis to locate irregularities in the system and potential device and process faults so that you…
Predictive and Condition-based Maintenance Predictive and condition-based maintenance are all forms of maintenance that occur before breakdowns occur. As such, these are ways of preventive maintenance which are meant to enhance reliability…
What is KPI – Key Performance Indicator? A select number of key measures that enable performance to be monitored against targets. Purpose of KPIs The KPI will indicate how well the facility or an asset is doing…
Predictive maintenance software Predictive maintenance software is a method that uses for data analysis to locate irregularities in the system and potential device and process faults so that you can repair them…