Optimizing your company’s current investment in existing production equipment is a widely shared goal in the consumer products industry. Too often the answers have involved significant expenditures, automation, or human resources.
PMMI’s OpX Leadership Network recently commissioned an Asset Reliability Solutions Group to undertake a work product on asset reliability in order to get CPGs and OEMs on the same page regarding definitions, key performance indicators (KPIs), calculations and leadership guidance when developing an asset reliability initiative.