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Enhancing a Company’s Profitability and Competitiveness Using Integrated Vibration-Based Maintenance: A Case Study
Växjö University, Faculty of Mathematics/Science/Technology, School of Technology and Design. (Systemekonomi)
2004 (English)In: European Journal of Operational Research, ISSN 0377-2217, Vol. 157, no 3, 643-657 p.Article in journal (Refereed) Published
Abstract [en]

In this paper a model is developed for identifying, monitoring and improving the economic impact of vibration-based maintenance (VBM). This model provides an additional possibility of identifying where, why and how much capital should be invested, and judges whether or not the investment was cost-effective. The model is further utilised to develop relevant maintenance performance measures. When the model was tested in a Swedish paper mill, the main results were: the average yearly maintenance profit achieved using integrated VBM was at least 3.58 million Swedish kronor (SEK) (approximately USD 0.358 million), and average potential savings (economic losses) were around SEK 30 million (USD 3 million). Furthermore, the model facilitated identification of problem areas and recognition of where investments should be made. The major conclusion is that the better the data coverage and quality, the greater control is possible over direct maintenance costs, savings and further profits in maintenance. Moreover, using the model it would be easier and more reliable to detect deviations in the maintenance performance and eliminate their causes at an early stage.

Place, publisher, year, edition, pages
2004. Vol. 157, no 3, 643-657 p.
Keyword [en]
Productivity and competitiveness, maintenance, life cycle cost (LCC), cost–benefit analysis and integrated vibration-based maintenance.
National Category
Engineering and Technology
Research subject
Technology (byts ev till Engineering), Terotechnology
Identifiers
URN: urn:nbn:se:lnu:diva-21354DOI: 10.1016/S0377-2217(03)00258-3OAI: oai:DiVA.org:lnu-21354DiVA: diva2:548305
Available from: 2012-08-30 Created: 2012-08-30 Last updated: 2012-09-04Bibliographically approved

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Al-Najjar, Basim
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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf