Raymond (Ray) Oliverson
Ray heads up Illumiti’s Business Effectiveness offering, helping customers drive reliable and sustainable competitive advantage (profitability, compliance, social responsibility) from assets, leveraging information technology investments.
He has over 36 years of experience encompassing many hundreds of engagements in reliability and maintenance consulting where he has had great success delivering measurable financial improvement through the implementation of reliability/maintenance strategies and systems.
He served as President of HSB Reliability Technologies, Vice President at ABB on a national level, and is a Founding Member and former Director of the Society for Maintenance and Reliability Professionals (SMRP).
Ray has extensive experience servicing major customers in the Pulp and Paper, Refining, Petrochemical, Chemical, Steel, and Automotive Industries. Notably, Raymond is a member of the Paper Industry Management Association (PIMA) where he is a regular presenter, a member of Manufacturing Reliability group, and consistent financial supporter. He is also a member of the Institute of Safety and Systems Management (ISSM).
Among Ray’s many achievements over an illustrious career, he is credited with developing the concept of price versus cost of maintenance, adapting the overall equipment effectiveness (OEE) metric for continuous process industries, developing the concepts of: maintenance cost compared to replacement asset value, preventable maintenance and operator driven reliability.
Ray is known in industry for his thought leadership and has published the following articles and books:
- Focusing on Preventable Maintenance
- Preventable Maintenance Costs More Than Suspected
- Maintenance Spending Benchmark
- Glossary of Reliability and Maintenance Terms
- Benchmarking, A Reliability Driver
- Reliability, The Competitive Advantage
- Active Pharmaceutical Ingredients: Maintenance & Reliability Chapter
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