Cited By
View all- Tang BMa ZZhang KCao DZhang J(2022)Substation Equipment Spare Parts’ Inventory Prediction Model Based on Remaining Useful LifeMathematical Problems in Engineering10.1155/2022/33968502022(1-11)Online publication date: 27-Apr-2022
Proposed Application of an IoT-based Predictive Maintenance to Improve O&M of University Project by FM Company: A Six Sigma Approach
Pages 107 - 113
Abstract
An IoT-based Predictive Maintenance helps to monitor an asset's health in real-time, alerts generation, predictive analytics, and gain data-driven decision-making based on failure probability. 2019 records showed that December KPI only reached 79:21 indicating non-compliance of 80:20 KPI Ratio due to 71% asset-related RM. The purpose of this study is to eliminate 71% of assets’ failure and to evaluate the potential application of IoT-based PdM at University O&M Project by FM Company using the Six Sigma Approach. Results show that RCM can be achieved, elimination of more costly unscheduled maintenance by 40%-70%, a decrease of labor cost by 10% to 25%, incorporation of root-cause analysis, RM reduction of emergencies by 0.57%, urgent tasks by 10.36%, and normal tasks by 60.52%, KPI transformation from 80:20 PM: RM Ratio to 55:35:10 PdM:PM: RM Ratio, maintenance cost reduction by 25% to 30%, ROI by 10x within 5-years’ time frame, and other significant improvements.
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Published In
March 2021
129 pages
ISBN:9781450387484
DOI:10.1145/3471985
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Association for Computing Machinery
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Publication History
Published: 07 October 2021
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- Research-article
- Research
- Refereed limited
Funding Sources
- Mapua University
Conference
ICRCA 2021
ICRCA 2021: 2021 the 5th International Conference on Robotics, Control and Automation
March 5 - 7, 2021
Seoul, Republic of Korea
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Overall Acceptance Rate 15 of 29 submissions, 52%
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Cited By
View all- Tang BMa ZZhang KCao DZhang J(2022)Substation Equipment Spare Parts’ Inventory Prediction Model Based on Remaining Useful LifeMathematical Problems in Engineering10.1155/2022/33968502022(1-11)Online publication date: 27-Apr-2022
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