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Strategic Plant Reliability Management
Linking Reliability to Financial and Competitive Results
Senior management is responsible for delivering a return on the resources provided by the owners or shareholders of a firm. Investors and prospective investors carefully consider measures of management effectiveness, such as return on assets (ROA), return on net assets (RONA), return on equity (ROE), etc. when making investment decisions.
For a physical equipment assetdependent manufacturing or process industry firm, RONA is senior management’s most controllable factor. Effective plant reliability management is all about driving RONA by engineering waste and unnecessary costs out of the operation.
However, to maximize RONA, you must create a synergy between the affecting functions of plant and equipment design, procurement, commissioning, plant operations and plant maintenance. This is the scope of effective plant reliability management, and the purpose for Strategic Plant Reliability Management: Linking Reliability to Financial and Competitive Results.
What You'll Learn
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A top management perspective of the strategic importance of plant reliability management for business success
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General competence and understanding of the best tools and methods needed to implement and sustain a successful plant reliability program
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How to instill performance metrics that are proactive and reliability focused
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How to approach reliability as a collaborative process between management, design, procurement, operations and maintenance
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How reliability engineering data analysis will enable you to make more effective decisions and manage risk
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How to get out of the cycle of recurring failures caused by doing the same thing but expecting different results
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How mistakes in design significantly influence productivity and life cycle cost of ownership and how to begin to correct your deficiencies
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The importance of a maintenance program that truly prevents failures and enables your organization to respond to problems better
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How plant reliability management enables lean operations that meet your customers’ quality and delivery expectations
Instructor
 Drew D. Troyer is a champion of effective reliability management and is passionate about helping companies find hidden profits inside their plants. As a highly sought consultant to Fortune 500 manufacturing firms, author of an award-winning column in Reliable Plant magazine, and teacher, Troyer understands both management expectations and plant floor realities.
Drawing on his personal plant experiences and MBA – along with an entertaining and spirited style – he has a unique ability to challenge and inform professionals at all levels. Troyer is a certified reliability engineer (CRE), a certified maintenance and reliability professional (CMRP), and chairs the standards committee of the Society for Maintenance and Reliability Professionals (SMRP). He has published more than 120 articles, papers, books and chapters.
2007 Dates and Locations
October 17-18, Atlanta, GA
International Courses
October 8-9 Chester, UK
November 8-9 Sao Paulo, Brazil
Seminar Cost
2 days / $895
Includes comprehensive course manual, lunch and refreshments both days.
Hotel Information
Attendees are responsible for their own travel and housing costs - reference Reliable Plant or Noria Corporation for group rates.)
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