MTBF (Mean Time Before Failure)

Mean Time Before Failure (MTBF) is a measure of reliability in procurement that indicates the average time an asset, product or service should be expected to function uninterrupted before failure. In other words, it’s the estimated amount of time a system can operate without breaking down. As such, an important factor in the evaluation of any potential purchase should always include its MTBF rating so buyers can analyze the value proposition and make informed decisions.