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ASSET MANAGEMENT STRATEGY
ASSET MANAGEMENT STRATEGY

FMEA risk identification tool

FMEA (Failure Modes and Effects Analysis) is a tool for analyzing potential failures and their consequences. The method is widely used in assessing the quality of processes and products and is designed to identify potential defects, their causes and effects for the end user.

FMEA analysis is applicable not only for individual structures, but also for production processes, the system operating as a whole or each of its parts separately.
FMEA analysis is considered an effective method of risk reduction, which plays a crucial role in making products with special safety requirements. For this reason, it was first used in the US defense and aerospace industries.
SmartEAM has a module allowing you to run FMEA analysis for production quality management.
Simple and efficient, FMEA analysis is successfully used by many companies. Among its undeniable benefits is defect reduction, avoiding losses due to failures and overall quality improvement.