Posts Tagged Studies
70 Billion Euro Wastage Due to Maintenance
September 26th, 2011 | Thema: Publications
by Nils Blechschmidt
Companies waste billions due to inefficient maintenance management. Projected onto the direct maintenance costs of 450 billion Euros in all European production plants, a savings potential arises of around 70 billion Euros a year. Alone in Germany 14 billion Euros are spent too much on maintenance every year. This is proved by the current ConMoto study “Value Oriented Maintenance – The strategic dimension of the spanner”. Considering only business assets in production facilities and related machinery, out of all investment goods in Europe, a value of around 9.7 trillion Euros in 2008 is reached. Alone in Germany the equipment replacement value amounted to about 1.9 trillion Euros. Calculating cross sector maintenance cost rate of 4.8 %, direct maintenance costs in European production locations add up to over 4.5 billion Euros per year. This study confirms impressively that quick and sustainable successes are realizable. One of the central cost effectiveness Key Performance Indicators (KPIs), the maintenance cost rate, was on average reduced by 23 % for all projects. Projected onto the influenceable maintenance cost of 300 billion Euros a savings potential of circa 70 billion Euros would arise in Europe. Thus alone in Germany 14 billion Euros are spent too much on maintenance services. And in this, the drastically falling costs of production down-time are not considered. read more [...]
“One-Stop-Shop” for maintenance specialists and plant operators
January 13th, 2011 | Thema: Events, Press releases
Abu Dhabi, January 2011 – ConMoto Consulting Group is the main sponsor of the 4th Annual Summit “Plant Maintenance in the Middle East” initiated by the World Refining Association in Abu Dhabi from 16th to 19th January 2011. (http://www.wraconferences.com/2/4/articles/107.php) Being the only platform for the exchange of experiences dedicated specifically to the downstream sector, the event focuses on technical and strategic maintenance issues as well as on the role of health, safety and environment (HSE) at a company level. In its presentation “Best practice oriented, interactive optimization of maintenance activities between production and maintenance” ConMoto uses a case study to point out futureoriented risk and reliability based maintenance strategies and systematic approaches in the area of people involvement and implementation. Furthermore the lecture provides food for thought for an optimal budget and resources management as well as for the reduction of maintenance costs together with a simultaneous increase of the Overall Equipment Effectiveness. “As part of our superior Lean philosophy we understand Value Oriented Maintenance as a strategic factor for success” says Nils Blechschmidt, Senior Partner with the ConMoto Consulting Group. “The latest ConMoto study ‘Value Oriented Maintenance – The strategic dimension of the spanner’, which we are going to publish in the 1st quarter of 2011, shows, that numerous enterprises are still far away from Maintenance Excellence these days. Hence there is a need for action to be taken.” Read press release
ConMoto study: customers want RFID for theft protection
June 22nd, 2010 | Thema: Press releases
Germany’s consumers are prepared to spend more money on products with RFID technology. They would pay up to five percent of the purchase price in addition if a product is fitted with an RFID chip. This is the result of a representative study called “End customer benefits from RFID technology” carried out by the ConMoto Consulting Group in Munich. The readiness to pay extra is particularly pronounced for high value goods such as laptops or watches. 67 percent of those asked favoured RFID chips as “supplementary equipment” for such valuables. These chips identify the origin of a product without any doubts and thus protect against fakes but also against theft, because they can save details of the owner’s identity.