The Fast Moving Consumer Goods (FMCG) industry, including the Food & Beverage sector faces many challenges. Also known as the Consumer Packaged Goods (CPG), the industry deals with high turn-over rates, seasonality and campaign-based production batches, rapid change-overs and low margins with high volumes. From an asset management perspective production is often in the lead, a significant part of the maintenance is done, or should be done by the operators (autonomous maintenance) and the efficient and effective throughput of products is paramount to business success. With the high volumes and high inventory turnover, assets need to be managed optimally. The batch production process often applied in FMCG companies further emphasizes this as the planned downtime between batches needs to be a smooth, joint effort of Operations and Maintenance.
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This article is part one of the “Transformational Asset Performance using Data Insights" series.
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