Mature organizations seeking a competitive edge are familiar with the term Reliability Centered Maintenance (RCM). A maintenance philosophy encompassing predictive, preventative, and maintenance, RCM uses defined processes to find latent or hidden failure modes, customizing maintenance processes to maximize system performance. Most understand that the RCM philosophy enhances equipment availability through improved reliability, increasing annual earnings before interest, tax, and amortization (EBITDA). Yet, some businesses fail to understand that equipment availability comprises two crucial inputs, not one. Equipment reliability, yes, but also equipment maintainability. [Read more…]