1 hr
Episode 1 The Economics of Manufacturing Machinery Maintenance with Douglas Thomas of NIST The RAM Review Podcast
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- Business
With guest co-host Tom Moriarty, PE, CMRP, of Alidade MER, Inc. and Chair SMRP Government Relations. Detailed contents and timeline below.
The National Institute of Standards and Technology under the US Department of Commerce pursued an economic study on the impact of maintenance on manufacturing. This included tying maintenance practices to safety, energy, productivity, profitability and other aspects of the business as a whole. The purpose has been to strengthen the USAs manufacturing base through the promotion of maintenance techniques. In 2019, SMRP partnered with NIST to assist in the next stage of the project which involved a survey of corporations that focused on the costs and benefits of maintenance applications. In the end, the study, survey and resources have been developed to support the communication between the maintenance organization and the C-suite as well as tying maintenance to other key aspects of the company. The interview is with Douglas Thomas the lead economist for the project at NIST.
The studies, papers and additional information may be obtained through NIST at: https://www.nist.gov/el/applied-economics-office/manufacturing/topics-manufacturing/manufacturing-machinery-maintenance
For a signed copy of Tom Moriarty's book "The Productive Leadership System" : https://www.paypal.com/instantcommerce/checkout/2CT2T4FMN8JCN or go to Amazon (unsigned).
Podcast Table of Contents:
00:00:00 Podcast Intro
00:00:48 Episode Intro
00:01:12 Tom Moriarty introduction and background
00:03:50 Discuss Tom's book, "The Productive Leadership System," leadership and change management
00:07:10 The C-suite challenge including communication between maintenance and the boardroom
00:12:28 Discussion of the NIST study
00:13:03 Introduced Doug Thomas and NIST
00:14:20 Scope and purpose of the Manufacturing Maintenance Project
00:18:27 Maintenance definitions for reactive, preventive and predictive
00:20:15 Safety and Maintenance
00:24:05 Business cost impacts of maintenance practices
00:25:55 General discussion of report and other business impacts including lost sales and lost American business
00:33:35 Change management and inertia
00:38:44 Impact on the bottom line
00:47:50 Where can I find the study and related information and tools at NIST
00:50:00 Lessons learned - takeaways from the study
00:56:15 How to get this information to the C-suite
01:00:46 End
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Send in a voice message: https://podcasters.spotify.com/pod/show/theramreview/message
With guest co-host Tom Moriarty, PE, CMRP, of Alidade MER, Inc. and Chair SMRP Government Relations. Detailed contents and timeline below.
The National Institute of Standards and Technology under the US Department of Commerce pursued an economic study on the impact of maintenance on manufacturing. This included tying maintenance practices to safety, energy, productivity, profitability and other aspects of the business as a whole. The purpose has been to strengthen the USAs manufacturing base through the promotion of maintenance techniques. In 2019, SMRP partnered with NIST to assist in the next stage of the project which involved a survey of corporations that focused on the costs and benefits of maintenance applications. In the end, the study, survey and resources have been developed to support the communication between the maintenance organization and the C-suite as well as tying maintenance to other key aspects of the company. The interview is with Douglas Thomas the lead economist for the project at NIST.
The studies, papers and additional information may be obtained through NIST at: https://www.nist.gov/el/applied-economics-office/manufacturing/topics-manufacturing/manufacturing-machinery-maintenance
For a signed copy of Tom Moriarty's book "The Productive Leadership System" : https://www.paypal.com/instantcommerce/checkout/2CT2T4FMN8JCN or go to Amazon (unsigned).
Podcast Table of Contents:
00:00:00 Podcast Intro
00:00:48 Episode Intro
00:01:12 Tom Moriarty introduction and background
00:03:50 Discuss Tom's book, "The Productive Leadership System," leadership and change management
00:07:10 The C-suite challenge including communication between maintenance and the boardroom
00:12:28 Discussion of the NIST study
00:13:03 Introduced Doug Thomas and NIST
00:14:20 Scope and purpose of the Manufacturing Maintenance Project
00:18:27 Maintenance definitions for reactive, preventive and predictive
00:20:15 Safety and Maintenance
00:24:05 Business cost impacts of maintenance practices
00:25:55 General discussion of report and other business impacts including lost sales and lost American business
00:33:35 Change management and inertia
00:38:44 Impact on the bottom line
00:47:50 Where can I find the study and related information and tools at NIST
00:50:00 Lessons learned - takeaways from the study
00:56:15 How to get this information to the C-suite
01:00:46 End
---
Send in a voice message: https://podcasters.spotify.com/pod/show/theramreview/message
1 hr