Agencies today face the challenge of maintaining
operational readiness despite unprecedented budget pressures.
Over the next 10 years, the US Department of Defense (DoD)
expects to find nearly half a trillion dollars in savings, in part through
“continued reforms and efficiencies.” These reforms often threaten
to underfund standard asset maintenance procedures and ultimately
reduce military readiness.
This problem may seem intractable because operating, maintaining,
and managing assets throughout their lifecycle is inherently costly.
Furthermore, this maintenance is crucial for many assets, because
unplanned downtime has significant consequences for both financial
and operational performance. Even a small delay in detecting a problem
can result in large unexpected costs. In an environment where each asset must be maintained at the highest possible operational readiness, such outcomes are undesirable.
However, there is a solution. Smarter asset maintenance can maximize
operational readiness while also controlling costs. For example,
predictive maintenance goes beyond condition-based maintenance
to forecast when an asset is likely to fail, based on usage, wear, and
surrounding conditions. When implemented correctly, it improves
overall operational efficiency by enabling a proactive response to
prevent or minimize potential issues. In this seminar, we will explain this solution in detail and highlight how agencies are already reaping the benefits that such and approach can provide.
Ed Weber's Presentation
Bob St. Thomas' Presentation
Ben Chard's Presentation
Predictive Maintenance Audio