S4:E14 The Strategic Business Case for Physical Asset Management and Reliability with Bob DiStefano

In this episode of the Maintenance Mavericks podcast, CEO and founder of UpKeep, Ryan Chan, sits down with Bill Bither, CEO and founder of MachineMetrics, to discuss the transformative power of industrial IoT and data in the manufacturing and maintenance industry.

In this week's episode, John Oskin, CEO of Sage Clarity Solutions, emphasizes the need to use OEE to identify losses and stratify them to determine their causes, recommends excluding planned maintenance from OEE calculations, and stresses the importance of real-time feedback and intelligent root cause analysis using AI and digital twin concepts. Oskin also notes that while AI is changing every industry quickly, there is still a human element required to understand and use the data. The biggest takeaway that John hopes listeners will take from the discussion is to start taking action today to advance their asset management digitization strategy.

As the Russia-Ukraine war wages on, we see the impact and the toll this takes on supply chain demands. How does this affect manufacturing in the United States you may ask? Jim Fleming, the co-chairman of ISM Data and Analytics Committee, co-chairman of ISM Technology Committee and a senior faculty member at the Institute for Supply Management, is here to answer that question and more to provide a clearer picture on this week's episode.

Over the past couple of years, COVID has been a big catalyst for supply chain issues—product shortages, working remotely, all the COVID shutdowns. How has the shop floor changed over the last three years amidst all of this unprecedented change?

The nature of work has changed drastically over the last three years, but how are those changes materializing in asset-intensive industries? The next generation of workers will be instrumental in shaping the future of work in maintenance, reliability, and operations as they embark on their careers, but what exactly will that look like?