New metrics released to improve visibility into maintenance operations

Professional society offers guidelines for monitoring workloads, planning, asset management and more.

By ·

The Society for Maintenance and Reliability Professionals (SMRP) is pleased to announce the release of the newly revised SMRP Standardized Metrics. The revisions feature the highly anticipated “best in class target values,” which provide valuable insight into the effectiveness and overall accuracy of asset management in the maintenance and reliability industry.

With the release of the revised metrics, maintenance and reliability professionals can not only uncover best in class target values where applicable, but also gain insight into formulas, ratios, statistics, definitions and references which combined provide a consistent benchmark to measure their performance. Current metrics from SMRP give reliable and standardized guidance on how to measure key performance indicators; the newly added best in class target values give guidance on how to effectively apply the metrics and to identify “what good looks like”.

“These metrics allow organizations to measurably improve their effectiveness within their respective fields,” said Shon Isenhour, SMRP chair and director of education at GPAllied. “We are proud to facilitate an industry tool that many companies can use to examine critical internal data that will further promote the growth of our industry.”

SMRP also added new search feature for e-Metrics called “bundles.” These bundles help the maintenance and reliability professional quickly find key Pillar 5 Work Management Metrics. Bundles are summarized as follows:

Work Identification Metrics - Measures the distribution of the source of maintenance work, both by type of work and by cost. Tracking these metrics can help ensure that the appropriate priority is provided to execution of proactive activities. Metrics provide insight into their effectiveness by comparing the amount of time and money spent on them to the resulting corrective work identified by them.

Work Planning Metrics - Determines the effectiveness of the work planning process. Internally provides insight into the efficiency and accuracy of plan development, and externally measure how those plans are used to increase workforce efficiency.

Work Scheduling Metrics - Examines the effectiveness of the scheduling process by determining how well the schedule is adhered to. Additionally these metrics provide insight into the effectiveness of the preventive and predictive maintenance programs by comparing the ratio of reactive work to proactive work and calculating the yield of those activities.

Backlog Management Metrics - Determines how well the maintenance work management process is functioning and its ability to move work through the system. Collectively, these metrics determine whether the labor resources available in the maintenance organization are balanced with the workload demands placed upon it. They also provide insight into the level of importance placed upon preventive and predictive maintenance activities by tracking the rate which they move through the system.

Resource Management of People - Provides insight into the effectiveness of the labor management process and determines whether the staff support to the craft resource pool is adequate. They also examine the usage and management of contract resources and help determine whether the appropriate balance is placed on fixed and variable resources.

Resource Management of Materials - Illustrates how well the storeroom and inventory management processes are working and can provide insight into leverage points for improvement within the materials management arena.

SMRP is offering a 4th edition of SMRP Best Practices—a comprehensive compendium of all SMRP Standardized Metrics to date—which can be accessed by members in the Library of Knowledge on http://library.smrp.org/.


Subscribe to Modern Materials Handling Magazine!

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Latest Whitepaper
Evaluating Goods-to-Person Technologies
This white paper overviews the various, self-contained, goods-to-person AS/RS systems available for handling the totes, cases and eaches most frequently faced by e-commerce order fulfillment operations, and the typical applications for each.
Download Today!
From the May 2017 MMH Issue
Every company considers itself an innovator. It’s time to include materials handling leaders in that category.
Top 20 Worldwide Materials Handling Systems Suppliers 2017
ERP Suppliers’ Changing Role
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2016 Warehouse/DC Operations Webcast: Confronting omni-channel complexity
During this webcast we’ll examine the current activities, trends, and best practices in warehouse and DC operations management and how companies plan to address complex issues associate with omni-channel fulfillment.
Register Today!
EDITORS' PICKS
Materials Handling Innovation (and why it matters)
Every company considers itself an innovator. It’s time to include materials handling leaders in...
Thrive Market’s Startup Distribution Network
How does a fastgrowing, e-commerce startup company build out order fulfillment capabilities? Thrive...

U.S. Roadmap for Material Handling & Logistics: Version 2.0 released today
On Tuesday, the U.S. Roadmap for Material Handling & Logistics: Version 2.0 will be released on...
2017 Productivity Achievement Awards
Modern’s annual Productivity Achievement Awards honor companies that have made exceptional...