High Corrective Costs? Don’t Blame Maintenance Entirely.
Maintenance is only one of the six contributing categories to high corrective costs. Identifying and analyzing the sources of excess cost is essential to remaining viable in today’s economic environment. It is common to review the maintenance budget to actual maintenance costs as a lagging indicator as part of a KPI dashboard, but few dashboards include the overall maintenance spend as routine and corrective.
In this talk, we will reveal the other five contributing categories to high corrective costs and the potential sources for each that will allow you to clearly identify the sources to target for cost improvement.
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