Increasingly, senior management is looking for quantifiable value before investing in a department or project. For maintenance and reliability managers, quantifying the savings you bring through your different initiatives is critical for prioritizing efforts. Join us in this recorded webinar as our host, Katherine Sanchez, walks you through when and how to use a business case to demonstrate the value maintenance and reliability departments bring to their organization.

Watch the webinar

Fill out the form below and you’ll get access to the webinar recording.

MaxGrip webinar

What you’ll learn

Why should you care

It is important to show not just what you do, but the value you bring to the company. Without knowing the quantifiable value of a project, it’s impossible to know if your efforts are being prioritized correctly.

  1. To prioritize projects and know where to focus your efforts
  2. To get management buy-in and funding
  3. To quantify your value and the value you bring to the company

When and how to use

Business cases are all about transparency and providing evidence for your proposal – be it project-based or personnel-based. If senior management is looking towards headcount reductions, show the impact that will have on equipment availability or overall equipment effectiveness (OEE).

Examples

In part 3, we’ll give two examples: one project-based and one personnel-based. The project-based example will walk you through how to quantify deploying an equipment upgrade. In the second example, we’ll look at using a business case to justify head count when facing a headcount reduction.

Presenter

Katherine Sanchez

Maintenance & Reliability Consultant
MaxGrip consultant

Katherine Sanchez is a maintenance and reliability professional with over nine years in engineering, asset reliability and continuous improvement.

Previously she worked for Schlumberger as Reliability Manager and Field Service Quality Engineer. During her tenure Mrs. Sanchez has developed business continuity plans for operational, maintenance and management teams; identifying previously unexplored gaps and mitigating associated risks. She has established and implemented Asset Care Programs for multiple industries with a focus Failure mode and effect analysis (FMEA) and Reliability-centered maintenance (RCM).

Currently Katherine works as a Reliability Consultant for MaxGrip assisting companies in CMMS optimization and RCM facilitation.

Get inspired

The Road to Improvement: From Skepticism to Synergy

The Road to Improvement: From Skepticism to Synergy

From Skepticism to Synergy" explores how an APM consultant helps businesses improve assets, shifting initial resistance to cooperation.

Five tips to improve OEE – Overall Equipment Effectiveness

Five tips to improve OEE – Overall Equipment Effectiveness

Use these five tips to calculate and improve your OEE - Overall Equipment Effectiveness - to establish KPIs and target areas of improvement.

man woman engineers looking at screen

Reliability Metrics 101: Mean Time Between Failure (MTBF)

This article provides an overview of MTBF and outlines how to use this knowledge to calculate, improve, and use these metrics for building KPIs.