Insights from Marshall Institute

The Six "Rules" of ROQ

Reorder Quantity (ROQ) is a critical driver in determining the overall inventory value carried in a storeroom. Determining the proper ROQ is crucial and getting it wrong can significantly impact your business. Setting Reorder Quantities too high could lead to a costly stock surplus, while setting them too low may

Leadership Announcement

Raleigh, NC, May 2024 – Marshall Institute is thrilled to announce a strategic leadership change that is designed to support the continued growth and world-class performance of our company for decades to come. As part of this plan, the following role changes took place on May 1st, 2024: * Greg Folts is

New Work Management Training Module - Unlock Maintenance Excellence with Effective Work Management

Raleigh, NC, 01/22/2023 – We are excited to announce the release of our new Work Management Overview training module. This self-paced training module will provide industrial professionals, departments, and corporate groups with the ability to align on the benefits, best practices, pitfalls to avoid, and clear processes steps of

Leadership

Three words Leadership must master in these uncertain times

I recently read an article written by a dear friend and colleague, Thomas J. Furnival. Tom spoke about the ABC’s of Leadership [https://www.maintworld.com/Asset-Management/The-ABCs-of-Leadership-For-times-of-uncertainty-and-change] , which are Awareness, Behavior, and Community. I would like to extend on these thoughts to fellow leaders by discussing three additional

Maintenance Assessment

Benefits and Pitfalls when performing a Maintenance and Reliability Assessment?

We often get asked by clients why they should be looking to conduct a Maintenance and Reliability Assessment at their facility. We have put together a list of some of the benefits and pitfalls that we have seen during our many years of experience with assessments. Why conduct an assessment

Leadership Mindset

Leadership, Mindset, and Potential

Our VP, Thomas J. Furnival [https://www.linkedin.com/in/tfurnival/] was invited to discuss the Leadership Mindset on The Leadership Launchpad Project Podcast [https://podcasts.apple.com/ca/podcast/why-our-mindset-affects-our-leadership-with-tom-furnival/id1530978841?i=1000518606078] . Leadership Mindset is a topic and discipline that Tom is passionate about and dedicating a lot

Leadership Mindset

Unleash Your Potential

Imagine this scenario: two people, same age, are hired by a company, at the same time, into the same entry level position. They have similar upbringings, education backgrounds and equal technical capabilities. Which person is likely to achieve their potential? It’s impossible to say with this information. We need

Maintenance on the Home Front

Planning & Scheduling on the Homefront

As a Maintenance and Reliability Consultant working with folks in all industries, I love it when I experience a scenario at home that directly ties to the concepts, principles, and philosophies we teach and consult on! I have shared some previous blogs on this topic regarding TPM on the Homefront,

Time Management

Time Management: If Only I had...

Time flies when you are having fun! Have you ever started to read a book and then suddenly realized you have been reading for hours? If we are not careful with time management, this is exactly what happens with our everyday tasks. We can waste valuable company time and resources

Maintenance Matters

Maintenance Matters Podcast: Episode 4 - Brian Sprouse from Columbia Forest Products

Welcome to Maintenance Matters, a podcast by Marshall Institute capturing conversations with industrial maintenance and reliability professionals about their successes, challenges, and stories. In episode 4, Greg sat down with Brian Sprouse, Value Stream Manager at Columbia Forest Products, to discuss how Covid-19 has impacted his day to day and

Time Management

Time Management: Extra Time - Do you have it?

In my first blog post of this series, I encouraged each of you to try to understand what might be stealing your time. To be continually successful in understanding this, we need to think of it in terms of a never-ending circle. I would like you to take a few

Maintenance Matters

Maintenance Matters Podcast: Episode 3 - Chuck Jarrell from 3M

Welcome to Maintenance Matters, a podcast by Marshall Institute capturing conversations with industrial maintenance and reliability professionals about their successes, challenges, and stories. In episode 3, Greg sat down with Chuck Jarrell, Plant Engineering Manager at 3M, to discuss how Covid-19 has impacted his day to day and long term

Maintenance Matters

Maintenance Matters Podcast: Episode 2 - Chuck Gaskins

Welcome to Maintenance Matters, a podcast by Marshall Institute capturing conversations with industrial maintenance and reliability professionals about their successes, challenges, and stories. In episode 2 Greg sat down with Chuck Gaskins, Sr. Maintenance Manager at Plymouth Tube Co. to discuss how Covid-19 has impacted his day to day and

Time Management

Time Management: What's your Outlook like?

It seems like it has been forever since my last post. Here in North Carolina, the stay at home order has really caused me to lose track of time. How about you? Are you working from home? That is what I want to talk about a little bit in this

Maintenance Matters

Maintenance Matters Podcast: Episode 1 - Marc Mitchell

Welcome to the first episode of our brand new Maintenance Matters Podcast! Each episode we will be interviewing industrial maintenance and reliability professionals about their successes, challenges, and stories. In the first episode, Greg Folts sat down with Marc Mitchell, Manager of HVAC Systems at a prominent U.S. University,

Maintenance on the Home Front

Operator & Maintenance Working Together on the Homefront!

Another “on the home front” example of operator-maintenance partnership. Kathy (equipment operator) alerted me (maintenance) of a squeak developing on her elliptical in our garage gym! Tear down revealed the main shaft on the arm mechanism dry and beginning to score from no lubrication! The main shaft was suitably repaired

A Maintenance and Equipment Reliability Consultant’s World

After retiring from the oil & gas industry in 2015 following a 40+ year career in various technical and management positions within operations and maintenance I began working as a contract consultant for Marshall Institute, a Maintenance and Equipment Reliability consulting and training company based in Raleigh, North Carolina with

Time Management

Time Management: Urgent Important Part 2

I want to start by saying I hope everyone is OK during this trying time. I know this has been a difficult month for each and every one of you, myself included. Some of you may not have been able to collect the information we talked about last month and

Maintenance on the Home Front

P-F Curve on the Homefront

As a Maintenance and Reliability Consultant working with folks in all industries, I love it when I experience a scenario at home that directly ties to the concepts, principles, and philosophies we teach and consult on! My wife Kathy (Operator) had been telling me (Maintenance) that she was hearing a

Web-based Training

Live Web-based Training

We hope that this finds you and your colleagues healthy and safe. Marshall Institute is diligently navigating daily through the COVID-19 health crisis, and resulting economic impact. Marshall Institute’s goal is to continue to support our clients with due care and caution. We're all in this together,

Featured

COVID-19

We hope that this finds you, and your loved ones healthy and safe. As COVID-19 continues to impact public health and the economy, we want to communicate that Marshall Institute takes the health treatment of COVID-19 seriously, and we are taking necessary precautions to protect our colleagues and clients. That

TPM

The Cost and Cost Benefits of TPM Implementation

We are often asked about the typical cost of TPM implementation. My experiences at implementing TPM since 1987 and in particular as a consultant to hundreds of plants since 1991 has shown that an expected start-up cost can be about 10-20% increase in training and about 15 % increase in maintenance

Equipment Reliability

Daily Equipment Inspections

A key part of Operator Care is daily inspection. I believe that one of the most powerful resources we have in our quest for equipment reliability is an informed and engaged Operator. As powerful as Operator Inspection is, I do not often see it utilized on the production floor. Often

Asset Management

Asset Management: Alignment with the organizational needs

Welcome to Part 2 of our Asset Management series with Marshall Institute President CEO, Greg Folts. Today, I'd like to continue our discussion on the five key elements of asset management and how we can ensure that we are valuable partners in the organization. Last time we chatted,

Time Management

Time Management: Urgent Important

WOW! I can’t believe it has already been a month since we last talked. I am going to pick up where we left off last month. If you recall, or if you are just joining us, we decided that the first thing we needed to do was to understand

Insights from Marshall Institute

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