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All Glossary Terms

Waste

Maintenance definition:

In the context of maintenance and operations, waste refers to resources or efforts that do not add value to the product or service, including unnecessary tasks, excessive inventory, defects requiring rework, and inefficient processes. Identifying and eliminating waste is a key principle of lean management, aiming to improve efficiency, reduce costs, and increase productivity by focusing on value-adding activities.

Our 30-day, risk free trial is only $199.

AssetWatch customers save on average 8x in ROI. That means for every $1 you give us, we give $8 back to you.

Includes professional installation of up to 200 sensors (a $10k+ value)

24/7 monitoring and a dedicated CME for your site

AssetWatch cloud-based software with unlimited licenses

No CapEx, Engineering or IT integration required