Translating Maintenance Initiatives Into Meaningful Financial Benefits by Rockwell Automation
By Control Engineering Staff -- Control Engineering, 5/6/2004
The paper, “Translating Maintenance Initiatives Into Meaningful Financial Benefits,” explains the importance of positioning maintenance initiatives within the context of underlying business goals and outlines the criteria and key steps for developing an effective strategic plan. Relying on case history examples and industry research, the paper shows how to calculate and report return on MRO investments and explains how even a modest improvement in maintenance efficiency can significantly boost company profits.
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