Production Schedule Adherence

Measures the frequency of equipment failures over a specific period.

What it Measures ?

How often equipment breaks down.

Relevant StakeHolders 

Maintenance, Engineering Teams

Why it Matters ?

Reduces equipment failure rates.

In-depth Use Case / Real-world Example

Equipment Failure Rate is calculated by dividing the number of equipment failures by the total number of equipment items over a specific period. For example, if 5 machines break down out of 100 machines in a year, the failure rate is 5%. This KPI is essential for understanding equipment reliability. In manufacturing, reducing the failure rate of equipment is critical for maintaining smooth operations and avoiding costly repairs.