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Right-Sized Maintenance: How to Adopt World-Class Practices

February 28, 2019 | 10:00 am CST

Right-Sized Maintenance: How to adopt World-Class Practices

This webinar will demonstrate the application of an Economic Performance Indicator (E1) to determine if your existing maintenance strategy is cost effective and competitive. Participants will learn how to measure the E1 Performance Metric. Calculating Maintenance Cost as a percentage of plant replacement asset value (RAV) is a first step for improving the cost of plant performance. Maintenance organizations may be perceived as either a burden or a competitive advantage. The objective of this discussion is to convey the importance of having a robust reliability strategy at a competitive cost of implementation and sustainment.

What We Will Cover

Learning points:

  • The value of the E1 Performance Metric for optimizing maintenance strategy
  • Utilizing E1 within the annual budget process
  • Application for an Asset Lifecycle Management Roadmap


Register for Webinar


Mike Greenholtz

Mike Greenholtz is Vice President of Reliability Solutions for GenesisSolutions, an ABS Group Company. He utilizes his 30+ years of industry experience to help our customers identify and implement measures that enhance asset reliability, increase production capacity and extend asset lifecycles while reducing cycle time and maintenance costs. Greenholtz provides leadership for creating operational and financial advantages for GenesisSolutions customers in several vertical markets.

Quinton GoForth

Quinton GoForth is Director of Continuous Improvement for GenesisSolutions. He specializes in EAM System and Reliability Improvement projects. Since joining GenesisSolutions in 2010, he has assisted over 100 companies in identifying areas of opportunity and developing Reliability Based Maintenance master plans for improvement in their maintenance and asset management operations. GoForth completed his B.S. in Mechanical Engineering from Michigan State University, and he is a Certified Maintenance and Reliability Professional (CMRP) and a Six Sigma Black Belt through Villanova University.

About GenesisSolutions

For over a decade, Genesis Technology Solutions, Inc. (GenesisSolutions), the Asset Performance Optimization subsidiary of ABS Group, has been a market leader in asset reliability, asset maintenance and asset management. Our extensive team of enterprise asset management (EAM) and reliability professionals have created solutions for industrial customers throughout the world. Today, we are one of the largest, most capable global EAM service providers with a portfolio of hundreds of success stories across the Americas, Europe and Asia Pacific regions.

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