N E W S
2010-09-06Article on Systecon and LCC
In the latest issue of Swedish maintenance and reliability magazine "U&D", Systecon's CEO Robert Hell comments on the use of Life Cycle Cost analysis in the industry.
The article is only available in Swedish (follow link below), but two excerpts have been translated as follows:
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Question: -"Systecon can rightly be described as an expert in assessing lifecycle costs, should you not have many assignments from the industry?"
Robert Hell: - "You may think so, but I must say that in the industry in general, it is very unusual to make proper LCC-acquisitions according to the methodology we advocate. It should however be a very useful step, when for example adding new production lines in the process industry and similar situations."
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Robert Hell also notes that it is important in all businesses to find some kind of optimality.
- "Operational availability is required to achieve a given production target. It is important to work and influence towards that objective early in a project, and make sure that appropriate requirements are set in the specification before development and acquisition. The maintenance is a consequence of that work and it is thereby a central means to ensure operational availability. It is a parameter you can influence, and one that will drive costs. At the same time, the costs must be balanced against the operational availability you want to achieve."
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Full article (in Swedish) here: Systecon and LCC
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