Both small and large organizations are progressively depending on contractors and other 3rd parties. This is especially true in the area of reliability and asset performance, where industry experience and knowledge can be particularly specialized. Currently, one in five jobs are filled by contractors, with that number expected to grow in the coming decade.
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The negative impact of unplanned downtime on the bottom line is significant. This article offers advice on how to minimize your downtime.
A detailed explanation of the differences, use and function of RCFA and FMEA.
