July 1998

Columns

HPIn Competitiveness: Profit or just fade away

Recently, I have had opportunities for frank discussions with senior and operating managers of several reliability and maintenance consulting firms. Through their responses to several questions, we es..

Lamb, R. G., Cost Control Systems, LLC

Recently, I have had opportunities for frank discussions with senior and operating managers of several reliability and maintenance consulting firms. Through their responses to several questions, we established that they unanimously and strongly agree with two statements. First, reliability and maintenance improvement has immense potential to advance their clients' profitability. The order of magnitude is hundreds of millions and surely not less than tens of millions. And second, even with the great attention now given to improving reliability and maintenance, the reality has never matched the potential. If your firm has chosen to improve its reliability performance and maintenance o

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