Glossary

5s - is defined as a methodology that results in a workplace that is clean, uncluttered, safe, and well organized to help reduce waste and optimize productivity.  The 5S philosophy applies in any work area suited for visual control and lean production.

Asset Reliability - An asset is “reliable” when it is functioning as expected within a set of specific operating conditions. Therefore, the success of an asset reliability program can be defined as the ability to meet all of these requirements.

Autonomous Maintenance - is defined as a maintenance strategy where machine operators continuously monitor their equipment, make adjustments and perform minor maintenance tasks on their machines.  Autonomous maintenance is the first pillar in the total productive maintenance strategy.

Bill of Materials - A bill of materials (BOM) is an extensive list of raw materials, components, and assemblies required to construct, manufacture or repair a product or service.

CMMS - Computerized maintenance management system (CMMS), also known as computerized maintenance management information system (CMMIS), is a software package that maintains a computer database of information about an organization's maintenance operations. CMMS data may also be used to verify regulatory compliance.

Critical Spares - are the parts within critical equipment that, should they fail, will badly reduce or stop production, or harm your business.

Dominant Failure Modes - A state of plant where a planned or unplanned significant event or condition adversely affects, potentially affects or indicates degradation in the safety, security or environmental performance or operation of a facility.

EAM - Enterprise Asset Management (EAM) involves the management of the maintenance of physical assets of an organization throughout each asset's life cycle. EAM is used to plan, optimize, execute, and track the needed maintenance activities with the associated priorities, skills, materials, tools, and information.

Inventory Control Systems - is used to keep inventories in a desired state while continuing to adequately supply customers, and its success depends on maintaining clear records on a periodic or perpetual basis.

Key Performance Measurement - is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs at multiple levels to evaluate their success at reaching targets.

Materials Management - is a core supply chain function and includes supply chain planning and supply chain execution capabilities. Specifically, materials management is the capability firms use to plan total material requirements. The material requirements are communicated to procurement and other functions for sourcing.

Mean Time to Repair (MTTR) - is the average time it takes to repair a system (usually technical or mechanical). It includes both the repair time and any testing time.

MRO - The MRO definition in business, manufacturing and supply chain refers to maintenance, repair and operations or maintenance, repair and operating supplies.

Overall Equipment Effectiveness (OEE) - is a measure of how well a manufacturing operation is utilized compared to its full potential, during the periods when it is scheduled to run. It identifies the percentage of manufacturing time that is truly productive.

Overall Maintenance Cost - means the total amount of all costs, expenses or amounts incurred, whether by the Landlord or others on behalf of the Landlord, in connection with the complete maintenance, operation, management and repair of any part of.

Planning - Maintenance planning can be defined as the process used to develop a course of action. Effective maintenance planning involves the development of a course of action that includes all maintenance, repair, and construction work.

PM optimization as “a process to improve the effectiveness and efficiency of the PM process.” They go on to differentiate between PM effectiveness and efficiency: “Effective PMs address and reduce the consequence of specific, probable failure modes."

Predictive maintenance techniques are designed to help determine the condition of in-service equipment in order to estimate when maintenance should be performed. The main promise of predictive maintenance is to allow convenient scheduling of corrective maintenance, and to prevent unexpected equipment failures.

Preventive Maintenance (PM) - is maintenance that is regularly performed on a piece of equipment to lessen the likelihood of it failing. It is performed while the equipment is still working so that it does not break down unexpectedly.

Process Improvement - Process improvement involves the business practice of identifying, analyzing and improving existing business processes to optimize performance, meet best practice standards or simply improve quality and the user experience for customers and end-users.

Reliability Centered Maintenance (RCM) -  is a concept of maintenance planning to ensure that systems continue to do what their user requires in their present operating context.   Successful implementation of RCM will lead to increase in cost effectiveness, reliability, machine uptime, and a greater understanding of the level of risk that the organization is managing.

Scheduling - is the process of arranging, controlling and optimizing work and workloads in a production process or manufacturing process. Scheduling is used to allocate plant and machinery resources, plan human resources, plan production processes and purchase materials.

Spare Parts - A spare part, spare, service part, repair part, or replacement part, is an interchangeable part that is kept in an inventory and used for the repair or replacement of failed units.

SRCM - SRCM is a scaled down process to full blown RCM.  Overall shorter time to implement traditional RCM.  It is a concept of maintenance planning to ensure that systems continue to do what their user requires in their present operating context. Successful implementation of RCM will lead to increase in cost effectiveness, reliability, machine uptime, and a greater understanding of the level of risk that the organization is managing.

Stocking Levels - A stocking level is a planned quantity of stock on hand expressed as an average, minimum, or maximum.

Total Quality Management (TQM) - describes a management approach to long-term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.

Visual Management - is an absolutely essential tool within the world of Lean and can be seen as the link between the data and the people. Visual management uses instinctive visual cues to make succinct, accurate information within a workplace available at all times to those who need to know it.

Waste -  In Lean manufacturing, waste is any expense or effort that is expended but which does not transform raw materials into an item the customer is willing to pay for. By optimizing process steps and eliminating waste, only true value is added at each phase of production.

Work Order - A work order is usually a task or a job for a customer, that can be scheduled or assigned to someone. Such an order may be from a customer request or created internally within the organization. Work orders may also be created as follow ups to Inspections or Audits. A work order may be for products or services.