9: Performance Improvement and Capital Productivity
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Published:2019
Robin G. Adams, Christopher L. Gilbert, Christopher G. Stobart, 2019. "Performance Improvement and Capital Productivity", Modern Management in the Global Mining Industry, Robin G. Adams, Christopher L. Gilbert, Christopher G. Stobart
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I was perplexed. I had been called in to a mining company to figure out what was wrong with their underground maintenance department. Availability of equipment was in a terrible mess. I went through all of the metrics on such things as the balance between predictive/preventive maintenance and emergency repair, mean time between failures, mean time to repair and so forth, but I could not put my finger on what was wrong. When I visited the underground workshop, it appeared to be clean and efficient. Then I noticed something that I thought was counter-intuitive: there was a strong positive correlation between equipment availability and the utilisation of available hours for virtually every type of equipment.
