1/ Definition

Maintenance costs (without maintenance CAPEX) versus replacement asset value

2/ Objective / Target

The set of strategic indicators has three main objectives:
- Verification of the effectiveness of maintenance processes
- Comparisons between plants independently from the business
- Comparisons with external organizations

3/ Formula

Unit: local currency

Details of the formula: see "5/ SAP extraction and detailed calculation" 

4/ Frequency

Depend of the plant

5/ SAP extraction and detailed calculation

Manual input of OEE losses from production report
(Site template > Yearly tab)

Maintenance expenditures (with CAPEX) =
Cost of outside contract services 
+ Cost of all Solvay maintenance employees 
+ Cost of non-stock MRO items
+ Cost of inventory MRO items 
+ Cost of on site contractors 
+ Maintenance CAPEX 

Replacement asset value:

The cost today to replace, or rebuild, the plant with new assets having the identical level of performance and functionality. It is generally the value given to insurers.