Effectively identifying which assets are consuming resources and causing downtime is crucial for reducing costs and improving production. However, many maintenance teams lack the insights necessary to address these issues efficiently.
With Wello Solutions’ Asset Health Insights, you now have access to detailed reports and real-time charts that track total downtime, Mean Time Between Failures (MTBF), Mean Time to Repair (MTTR), and asset availability. These tools empower your team to anticipate potential failures, take timely action, and maximize asset uptime. Key decision-makers also gain access to long-term trends, helping them make well-informed strategic decisions.
Improve Asset Availability and Optimize Overall Equipment Effectiveness (OEE)
Asset availability plays a key role in calculating Overall Equipment Effectiveness (OEE), a critical measure of asset performance. Wello’s Availability Over Time graph allows you to monitor the availability of your assets at any given time and assess their performance over defined periods. This is complemented by the Total Downtime report, which, combined with Planned vs. Unplanned Downtime, helps you differentiate between reactive and preventive maintenance, making it easier to identify high-performing assets and those requiring attention.
Predict Failures and Improve Asset Reliability
Wello Solutions offers detailed insights into asset reliability with MTBF and MTTR analytics. MTBF shows how long an asset typically operates between failures, while MTTR provides the average repair time. Together, these metrics allow your team to predict upcoming failures, plan around them, and reduce the impact on operations by minimizing unplanned downtime.
These metrics are automatically calculated by Wello, ensuring consistent and accurate results. Tooltips further clarify the calculations, helping all stakeholders understand their significance and impact.
Set Clear Performance Goals with Custom Benchmarks
Wello allows you to set specific performance goals for MTBF, MTTR, Asset Availability, and Planned Downtime. These customizable benchmarks give you a clear picture of asset performance, helping you quickly address any underperforming assets and continuously improve your maintenance strategy.
Efficient Management of Assets and Sub-Assets
Wello streamlines the process of managing asset statuses. Changes made to an asset—whether setting it online or offline—are automatically applied to all sub-assets, or vice versa. This ensures accurate, up-to-date data without extra administrative work, allowing your team to focus on maintaining asset performance.
Take Control of Your Asset Management with Wello Solutions
Wello’s Asset Health Insights provides valuable insights that enhance asset management. Our customers are already seeing positive results:
This new reporting gives us a clear breakdown of downtime issues, helping us identify our key challenges and create effective plans to reduce downtime and increase productivity.
Discover how Wello Solutions can improve your asset management. Book a demo today and take the next step towards more reliable operations.
