Leading indicators measure maintenance effectiveness more accurately

05/24/2004
The current plant environment requires measurements that can predict, not just measure, the outcomes from maintenance activities. One strategy is to examine a set of leading indicators to judge how well the investments are going to pay backin advance of the results, which is a lagging indicator.Maintenance personnel need to measure interim indicators that affect the final outcomes for the month. Measuring maintenance is like investing in the stock market; investments should be geared to high value returns that are provable.If the leading indicators are "bearish," there is time to take corrective actions. If the leading indicators are "bullish," the maintenance efforts (investments) are go...
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