Reliable Plant November 2023

Organizations that manage critical infrastructure rely on a wide range of asset types to provide their services. Modeling asset condition and the related probability of asset failure is non-trivial and costly. Therefore, assets that require modeling are those whose failure will cause significant expense or risk to an organization, or where the cost of replacing the asset is high.

When disruptive forces reshape industries, it defines progress. To understand Industry 5.0, it is essential to comprehend the previous industrial revolutions.

The phrase asset reliability is used often in our field, and many times we aren’t even sure what we’re talking about. You may feel like you know what these terms (assets and reliability) mean individually on their own. But do you truly know what they mean when pressed together? This article will walk through how these two elements come together to either benefit or damage your business.

An efficient workforce is the foundation of this new age of smart manufacturing. As technology evolves, the skill sets and adaptability of the workforce must keep pace, ensuring seamless integration with advanced systems. The role of human expertise remains critical, evolving in tandem with technological advancements to maintain productivity and innovation.

Setting expectations is the foundation of what a healthy reliability program is built on. These expectations will guide you through the tough times when you are transitioning between being reactive to being proactive. Make sure to give the why behind the expectations or why this is part of the new culture and train your management on what their behavior must be like to get that culture.

It’s difficult to be online today without seeing a headline about AI. But what does that phrase really mean, particularly to the industrial maintenance community? Several IIoT vendors entering the condition-monitoring market within the last 5 to 10 years did so heavily promoting the AI capabilities of their vibration sensing system. Has this capability been the game changer that many had hoped?

Welcome to another episode of Gear Talk. In this episode, Wes sits down with Jeremy Drury, a leading expert in IoT, to explore its impact on the maintenance and reliability world. IoT has been hyped up for a while now, and thanks to Jeremy, we're getting some practical information on where to start with IoT, what's realistic for the industry, and what the future of reliability looks like.

Have you found yourself (at work and home) making a goal but then adding steps that throw you off course? IDCON President Tor Idhammar's session at the 2023 Reliable Plant & Machinery Lubrication Conference & Exhibition was all about that. Here is a clip from his presentation on reliability digital transformation, focusing on what he calls "degrees from the goal."