MTBF/MTTR: Understanding Failure Metrics
The MTTR/MTBF: Understanding Failure Metrics Training is hosted by Ashcom Technologies’ Director of Application Support and Strategies, Wayland Gore.
Asset performance metrics like MTTR (Mean Time To Repair) and MTBF (Mean Time Between Failure) are essential for any organization dependent upon equipment-reliant operations. Only by tracking these critical KPIs can your company maximize uptime and keep disruptions to a minimum. During the COVID-19 pandemic facing the nation, tracking the reliability of your company assets is a critical challenge that engineering personnel and maintenance managers face daily with reduced manpower. While failure metrics can be very useful in the aforementioned context, to use them effectively, you need to know:
- What meaning hides behind these acronyms,
- How to distinguish the reporting between them
- How to calculate the resulting failures
- What does that tell you about your assets
That is why Ashcom Technologies decided to create a simple-to-follow MaintiMizer Webinar that illustrates these critical failure metrics that will help your team avoid costly downtime and successfully monitor equipment performance. This 45-minute Webinar will demonstrate this high-level reporting structure built into MaintiMizer and how this feature will eliminate the constant guesswork maintenance professionals are inundated with and empower managers with the factual data required to make informed decisions.
Webinar attendees will receive copies of the MTBF & MTTR Webinar slides, a FAQ document, and a take-home Q&A for maintenance teams to submit to our instructor for personalized solutions.