Stepping up Asset Management with Failure Codes

Failure codes and asset errors 

Within most CMMS systems, failure codes can be used on a work order to help identify why a particular type of equipment or asset failed. These codes are typically alphanumeric characters that are attributed to abbreviations of their descriptions. For example, a failure code such as ‘JAMD’ refers to ‘Equipment Jammed.’ Within most organizations, failure codes are vital in determining repeated errors in assets and, at the same time, help troubleshoot these errors early on.

Benefits of using failure codes: 

1. Reliability: Failure codes can help organizations perform reliability analysis on equipment failures to improve up-time.

2. Reduce Maintenance Expense: Failure code analysis can help organizations avoid unnecessary maintenance and reduce their maintenance expense.

3. Continuous Improvement: A big bonus that comes with failure codes is that when companies use it to their advantage, they have a whole backlog of historical data that can be viewed. This is useful to improve the design of new facilities and purchase new equipment that delivers the best value to the organization.

Implementing tougher policing of failure codes

Given the benefits of using failure codes, it is no doubt that these codes are useful to organizations that are asset dependent and rely on high-quality equipment. Creating a mandatory use of failure codes within your organization can help improve the ROI of your assets in the long run and, at the same time, help eliminate repeated errors. If you would like to learn more about how to set up failure codes properly and get the most value from your existing historical failure code data, click on one of our resources below, or book a demo with us to chat with an expert!