A

A/A Testing

A method of comparing two versions of a webpage or mobile app experience against each other in order to test the accuracy of the testing tool.

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ADA Building Regulations

ADA building regulations are a set of U.S. standards for both public and private institutions, that prevent discrimination against people with disabilities.

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Asset Hierarchy

An asset hierarchy is a logical index of all your maintenance equipment, machines, and components, and how they work together.

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Asset Life Cycle

An asset's life cycle is the entire journey it takes from new to scrap, are so valuable for businesses to observe, track, maintain, and manage.

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Asset Management

Asset management is generally defined as a system of activities that an organization performs to gain value from assets.

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Asset Management (ISO 55000)

An asset manager evaluates costs and potential risks against the potential benefits a company could realize from an asset.

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Asset Performance Management (APM)

Asset performance management systems are an array of tools that strive to both improve equipment availability and reliability, while limiting risk and cost.

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Asset Tag

An asset tag is an identification label that is connected to a company’s physical equipment or property.

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Asset Tracking

Asset tracking is the means by which businesses keep tabs on their critical equipment as well as their inventory.

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Augmented Reality

Augmented reality is the process of using smart technology to illustrate and train maintenance professionals on important maintenance procedures.

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Autonomous Maintenance

Autonomous maintenance focuses on empowering machine operators to make maintenance decisions without the aid of a specialized maintenance technician.

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B

Backup Generator

A backup generator is an appliance that provides power during an electricity outage. You can choose between a portable generator or a whole-house generator.

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Barcoding

Barcoding is an identification method used by a wide variety of companies to track, identify, and manage items.

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Bathtub Curve

A bathtub curve is a visual representation of the failure rate of a product or group of products over time.

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C

CMRP

The CMRP is a certification exam, and it’s the leading credential for validating knowledge and skills relating to maintenance, reliability, and physical asset management.

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Cloud ERP

Cloud Enterprise Resource Planning (ERP) is an off-site ERP system that allows businesses to track, manage, and retrieve critical information.

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Computer Aided Facilities Management (CAFM) Software

Computer aided facilities management software helps facilities managers monitor assets, schedule maintenance, track work orders & meet compliance requirements.

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D

Design Failure Mode and Effects Analysis (DFMEA)

Design failure mode and effects analysis (DFMEA) is a process tool that helps companies locate and repair design failures.

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Deskless Workforce

The deskless workforce is the vast majority of the working world whose jobs don't require them to sit at a desk.

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E

Employee Engagement

Employee engagement discerns whether staff understand the company’s vision, feel invested in the business, and understand individual roles in the organization.

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Engineering Change Notice (ECN)

An ECO or an engineering change notice (ECN) is a document that begins the process for making adaptations or corrections during a product’s lifecycle.

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Engineering Change Order (ECO)

An ECO or an engineering change notice (ECN) is a document that begins the process for making adaptations or corrections during a product’s lifecycle.

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Engineering Change Request (ECR)

An ECR in manufacturing is a suggestion that can be submitted by paper or electronically to management to solve a problem or make an improvement to a product.

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Enterprise Resource Planning (ERP) Software

Enterprise resource planning (ERP) software helps companies manage all their business-related procedures and processes more efficiently.

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Equipment Depreciation

Equipment depreciation is a measure of how much a piece of equipment drops in value each year.

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F

Facility Condition Assessment

A facility condition assessment studyies a particular facility to monitor its overall health and anticipate maintenance work needed to keep it performing well.

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Facility Management

Facility management is the big-picture coordination of everything that keeps a business’ physical buildings, systems, and assets running. 

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Facility Management Sustainability

Sustainability is the “ability to meet the needs of the present without compromising the ability of future generations to meet their own needs.”

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Failure Reporting, Analysis & Corrective Action System (FRACAS)

FRACAS is a three-step process that was used as a tool to achieve the reliability and maintainability potential of military equipment systems.

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Fault Tree Analysis

A fault tree analysis is a visual representation of how a problem occurred and the potential pathways that led to the main failure event.

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Five Whys

The Five Whys method, also called Five Whys analysis or simply 5Y, is a technique that can be used by maintenance teams to get to the root cause of a problem. It’s easy enough to ask why a problem occurs and arrive at a surface-level cause, but Five Whys analysis requires you to question why that surface-level cause occurred in the first place.

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Fixed Asset

A fixed asset is one of two major categories of physical property for a company and includes those items that remain in one location during business operation.

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Fleet Management

In a nutshell, fleet management involves the management of commercial vehicles, whether they be cars, trucks, or vans.

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G

GASB 34

GASB 34 are accounting standards requiring government entities to report the value of their capital assets on their financial statements.

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H

Homeowners Association

A homeowners association (HOA) is a group that creates and enforces rules for homeowners who live within its jurisdiction.

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I

ISO 41001:2018

ISO 41001:2018 covers facility management standards, and compliance with it can help your organization become more efficient and reliable.

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Idle Time

Idle time is the amount of time spent waiting to use viable equipment or the non productive time of employees, due to lack of demand or unforeseen work stoppage

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Industrial Internet of Things (IIoT)

The Industrial Internet of Things (IIoT) introduces a whole new set of  security risks to a manufacturing organization.  

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Inventory Accounting

Inventory accounting tracks the value of current inventory items, as well as the changes that occur when new items arrive or raw materials are consumed.

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Inventory Control

Inventory control, also known as stock control, refers to the process of managing a company’s warehouse inventory levels.

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Inventory Management

Within facilities management, inventory management tracks items from the moment of purchase through its time of use.

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K

Kaizen

While it simply means “change for the better,” it has come to be applied to the philosophy of continuous improvement adopted by numerous organizations today.

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L

Leak Detection & Repair (LDAR)

Leak detection & repair (LDAR) refers to EPA regulations designed to help reduce volatile organic compounds (VOC) & volatile hazardous air pollutants (VHAP).

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Lean Maintenance

Lean maintenance is a proactive maintenance philosophy and strategy that aims to support reliability in the most efficient way possible.

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Level of Repair Analysis (LORA)

Level of repair analysis ( LORA ) is a process used to determine when and where an asset should be repaired.

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Lights-Out Manufacturing

Lights-out manufacturing is a philosophy that does not rely on human labor. Facilities that employ lights-out manufacturing are known as “ dark factories.”

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M

Maintainability

Maintainability  refers to the ease with which maintenance activities can be performed on an asset or equipment.

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Maintenance Planning

Maintenance planning is the process of determining what maintenance work should be done and how it should be carried out.

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Maintenance, Repairs & Operations (MRO)?

Maintenance, Repairs, and Operations (MRO) refers to any equipment or process used to keep a facility running.

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Materials Science

Materials science is the study of the components and the creation of different materials.

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O

Offshore wind farms

Offshore wind farms are systems of wind turbines located in the middle of the sea. These turbines  harness the force from wind moving over vast bodies of water.

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On-Demand Facilities Management

On-demand facilities management focuses on delivering facilities management support and services in temporary and unusual circumstances.

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Overall Equipment Effectiveness (OEE) Software

Overall Equipment Effectiveness (OEE) is a best-practice measure of productivity within manufacturing.

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P

Process Failure Modes and Effects Analysis (PFMEA)

PFMEA stands for Process Failure Modes and Effects Analysis. It is an analytical process used by businesses to locate and identify possible process failures. 

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Piping & Instrumentation Diagram (P&ID)

A piping and instrumentation diagram (P&ID) is a picture of the piping, instruments and controls for equipment in the process industry.

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Prescriptive Maintenance

Prescriptive maintenance collects and analyzes data on an equipment’s condition and makes specialized recommendations to reduce operational risks.

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Pressure Sensor

A  pressure sensor is a device that senses and measures pressure. In this case, pressure is defined as the amount of force exerted over an area.

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Production Efficiency

Production efficiency is a state where a system can no longer produce more goods without sacrificing the production of another related product.

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Programmable Logic Controller (PLC)

A programmable logic controller, PLC for short, is the brain of a modern-day facility that depends on various machines and equipment.

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Purchase Order

Purchase orders (PO) are created to start a purchasing relationship with an outside vendor or contractor.

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R

Reliability Centered Maintenance (RCM)

Reliability centered maintenance (RCM) is a maintenance strategy that involves using the most optimal methods to keep equipment running.

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Renewable Energy

Renewable energy is any form of energy that comes from a naturally renewable source.

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Return on Investment (Predictice Maintenance)

Data from the U.S. Department of Energy indicates that predictive maintenance (PdM) can yield a potential return on investment (ROI) of roughly ten times the cost.

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S

Single-Minute Exchange of Dies (SMED)

Single-minute exchange of dies (SMED) is a strategic process that allows teams to reduce the amount of time required to complete equipment changeovers.

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Standard Operating Procedure (SOP)

A standard operating procedure, or SOP, is a document that lays out the steps to do something in a clear and concise way.

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Standard Operating Procedure (SOP)

A standard operating procedure, or SOP, is a document that lays out the steps to do something in a clear and concise way. They are used in all sorts of fields and in almost every business function that requires a specific process or way to do things. 

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Standing Work Order

A standing work order is a “work order opened for a specific period of time.

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Straight Line Depreciation

Depreciation refers to the decrease in the value of an  asset. It can also refer to the allocation of the original price of a particular asset over many years in an accounting system.

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Supply Chain Logistics

Supply chain logistics is the management of all the companies, transportation, warehouses, and distributors needed to deliver a final product.

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Supply Chain Management

Supply chain management is the process that directs goods, services, information & money move from an initial order to its final delivery to the customer.

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T

Theory of Constraints

The theory of constraints looks at what's holding back an objective in manufacturing and supercharges a team to make necessary changes to revitalize progress.

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Third-Party Logistics (3PL)

3PL (third-party logistics) refers to an outside company managing the receiving, storing, picking & shipping of products from its warehouse to your customers.

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Ticket Fare Evasion

Ticket fare evasion is when a person or group of people simply don’t pay for a ticket.

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U

Unique Identification (UID)

UID stands for unique identification and is a required asset identification program established by the United States Department of Defense.

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Usage-Based Maintenance (UBM)

Usage-based maintenance, or UBM, is a type of meter-based preventative, or preventative, maintenance.

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Utility management

Utility Management is understanding hoe various energy, waste, and water usage metrics impact your business. 

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V

Vibration Sensor

A vibration sensor is a device that measures the amount and frequency of vibration in a given system, machine, or piece of equipment.

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W

Warehouse Automation

Warehouse automation includes the software, hardware, people, and processes that are required to automate warehouse tasks to improve efficiency and accuracy.

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Warehouse Logistics

Warehouse logistics involve all the people, processes, and programs required to keep your items moving in, around, and through your warehouse. 

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Warehouse Racking

Warehouse racking is the system of shelves, configuration, and location of the physical structure required to hold your inventory items.

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Work Order Template

Using a work order template saves time and helps to ensure that information collected is consistent and complete.

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