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Understanding the Impact of Maintenance and Reliability on ROI - Featured in Manufacturing Dive

July 2, 2024

Growing Need to Safeguard Industrial Systems with Effective OT Cybersecurity Programs

ABSG Consulting Inc. (ABS Consulting), a leading global risk management company, was recently showcased in Manufacturing Dive for their article, "Understanding the Impact of Maintenance and Reliability on ROI."

This article examines the influence that maintenance and reliability have on Return on Investment (ROI) for manufacturing businesses. It emphasizes the necessity of utilizing key performance indicators (KPIs) and computerized maintenance management systems (CMMS) to shift from a reactive to a preventative maintenance strategy, aiming to minimize unplanned downtime and boost operational efficiency.

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About ABS Consulting

ABSG Consulting Inc. (ABS Consulting) is part of ABS Group of Companies, Inc. (www.abs-group.com), a global leader in safety and risk management for critical infrastructure worldwide and a wholly owned subsidiary of ABS (www.eagle.org), one of the world's leading marine and offshore classification societies. With over 50 years of risk management and safety experience, ABS Consulting provides engineering, data science, and management consulting services globally to help our clients manage their safety, security, and operational risks. Headquartered in Spring, Texas, ABS Consulting operates with more than 700 professionals across the globe serving the marine and offshore, oil, gas and chemical, government, power and energy and industrial sectors.

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