Reliability in today's business environment

Abstract

Embarking on an extensive program of reliability science will provide a company with a long-term value add proposition, setting it apart from it competitors, returning many times over the value of that investment. It must be noted that this process requires having a long-term commitment to build and support a world-class reliability operation, the fruits of which are often not seen in real time. The operation can be extensive in cost but the gains can be great. Engineers must always understand the return on investment.