On Thursday 26 October 2023, ODI hosted a Conference – Operations Excellence: A Never-ending Journey, at the Premier Hotel OR Tambo in Johannesburg, South Africa.
On Thursday 26 October 2023, ODI hosted – Operations Excellence: A Never-ending Journey, at the Premier Hotel, O.R. Tambo, in Johannesburg. Recognition was given to some people who have played outstanding roles in their companies and the Top Achiever Awards were announced.
The concluding part of the Kumar series is the validation process of the ideas discussed previously with examples and calculations.
Kumar says that every item is unreliable in the sense that its failure is inevitable whether sooner or later, even with the best design, construction, maintenance, and operation.
The purpose of this article is to send a clarion call of creating a balance between the benefits and disadvantages of innovation we seek to master and introduce to our communities in pursuit of better, faster, cheaper and robust quality products and processes for the benefit of humankind.
How diligently do we monitor and measure lead time, cycle time, downtime, set-up time, run time, mean-time-to-failure, dock-to-dock time and other variations of time-based measures?
Many experts talk about Artificial Intelligence that will soon surpass our own intelligence. On this one I beg to differ, collectively we cannot be less intelligent than our own creation.
Kumar describes Reliability as ‘an integral part of design, operation, and maintenance for most engineering systems/assets. The concept of reliability discipline deals primarily with two types, namely hardware reliability and software reliability.