The losses holding back the efficiency of a fabrication, assembly or packaging operation employing mainly non-process-type equipment will be different from those in an operation that employs mainly storage tanks, columns, heat exchangers and similar process plant.
The two types of operation will therefore be discussed separately, beginning with the former.
Maximizing equipment efficiency means making it work as well as it possibly can. Looked at the other way round, this means that it can be made more efficient by eliminating all the losses that prevent it from working as well as it possibly can.
Eight major equipment losses have been identified and shown on the slide. It is essential to improve our companies’ business performance by eliminating these losses and thereby maximizing the efficiency with which we utilize our equipment.