Defining Performance Metrics is critical in assisting an organization in identify, build, and present the KPIs associated with the reliability of a mine’s fleet.  There are many KPIs that can be used:

  • Scheduled : Unscheduled Work Cost Ratio
  • PM Efficiency (Time Study)
  • PM Work Order Generation Trend
  • Capacity Assurance (Target Production)
  • Overall Equipment Effectiveness (OEE)
  • 1st Down after Service
  • Mean Time Between Failure (MTBF)
  • Availability
  • Use of Availability
  • 1st Down after Service

METHODOLOGY

Working closely with the organization to understand their targets for driving efficiency or cost gains, KPIs can be baselined to create continuous improvement programs that contribute to site-wide improvements.