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87 – Accounting for External Influences in Improvement Programs with Fred Schenkelberg

87 – Accounting for External Influences in Improvement Programs with Fred Schenkelberg

Accounting for External Influences in Improvement Programs with Fred Schenkelberg

Do you plan for every factor that can influence the performance of your systems? Are the environmental conditions too much of a problem for you? There are several external factors that influence a reliability improvement program. You can never get the desired output if you don’t try different inputs and see the varied results for yourself and then test and analyze each favorable result until you are satisfied with them. But there is not always enough budget lying around for you to do experimentation just like that. Some companies have a limited budget and tight deadlines and you have to plan for those external factors according to the environmental conditions that your equipment has to face.
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86 – Life Cycle Costing with Fred Schenkelberg

86 – Life Cycle Costing with Fred Schenkelberg

Life Cycle Costing with Fred Schenkelberg

There are a lot of organizations who buy systems that cost less initially because of limited budget or due to a number of other reasons. They never even bother to bring in the financial or operations experts to get more information from the suppliers about the equipment they are going to purchase. Does it perform all the functions we need? Does it have that built-in reliability mechanism? Will it serve the purpose even? They don’t ask these questions because the initial buying cost is less or fits in with the budget. This is a mistake that leads to expensive maintenance later on.
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85 – Calculating the ROI with Fred Schenkelberg

85 – Calculating the ROI with Fred Schenkelberg

Calculating the ROI with Fred Schenkelberg

The reliability and maintenance process is never static in the organizations. There’s always something going on around and there are many activities being performed in the company. Now, these activities take time and need money to be done successfully. There are many activities in this list that will cost you millions sometimes. So, how do we get that kind of investment from our financiers? Some of the stakeholders can be convinced by merely good talks and promises of great success but the technical personnel who have spent all their lives running businesses, they can’t be persuaded by such means.
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84 – Big Data and IoT with Saar Yoskovitz

84 – Big Data and IoT with Saar Yoskovitz

Big Data and IoT with Saar Yoskovitz

Every once in a while, there comes an amazing new technology that changes the way of living for people. Internet of Things and Big data are such trending technologies that have revolutionized the lives of everyone. With IoT, you can stay in touch with a lot of things like there are smart TVs, smart cars, and all those wonderful appliances that make your everyday household work easier to a great level of comfort. There is another side of IoT and that is Industrial IoT or IIoT. There are so many changes going around in the industry because of a huge wave of what IoT and Machine learning can do.
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83 – People and Leadership with Cliff Williams

83 – People and Leadership with Cliff Williams

People and Leadership with Cliff Williams

There are many things going on in organizations concurrently and they can’t decide everything on an immediate basis. This is something that leads to a lot of clashes and similar problems. Sometimes, you want to do something and you can’t find the necessary resources that you need to do it successfully—even though you know it’s the right thing to do. But you can just take unplanned initiatives because they are always a disaster. Don’t start anything that you have to struggle with later on. Make sure your business processes are in place and make your systems work based on those.
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