What are the best practices for benchmarking maintenance performance?
Maintenance performance measurement is a crucial aspect of operations management, as it helps to evaluate the effectiveness and efficiency of maintenance activities, identify improvement opportunities, and align maintenance goals with organizational objectives. However, measuring maintenance performance is not a straightforward task, as it involves multiple dimensions, perspectives, and indicators that may vary depending on the context and the purpose of the assessment. In this article, we will discuss some of the best practices for benchmarking maintenance performance, which is a process of comparing one's own performance with that of other organizations or industry standards, to identify gaps and learn from best practices.