4 Benefits Of Preventative Maintenance
Contributed by Servi-Tek Facility Solutions
A misguided notion in many facilities, small businesses, and organizations today is, “if they do not break it, don’t fix it.” The repeated usage of a piece of equipment without a routine maintenance plan is ten times more costly than a corrective maintenance program.
Without a maintenance strategy, you may run into frequent downtimes, which will slow down your processes and lead to costly repairs.
Here are four benefits of preventative maintenance:
An important benefit of having a preventive maintenance plan/program in Preventive maintenance reduces safety risks for employees and customers, which would significantly lower the risk of lawsuits and workers’ injury compensation. Preventive maintenance will go a long way in preventing accidents/damages in your facility.
2. Increase Equipment Life
An effective preventive maintenance plan will also maximize the usefulness of the equipment and system while saving a significant amount of money in deferring unnecessary maintenance or equipment replacement.It can profoundly affect the efficiency of machines by day-to-day wear and tear. A preventive maintenance schedule maximizes optimal working conditions.
The conservation of your assets will reduce utility consumption, which contributes to a large percentage of operating costs. Implementing a preventive maintenance plan/program will increase equipment life expectancy, it would be less spending for you in running your operations.
3. Reduce Costs
Unscheduled downtime can cost significant time and money as a machine breakdown can disrupt the goals and efficiency of your facility.
Businesses need to stop or minimize delays and disruptions.
Several negative opinions arise from unplanned downtime and many functional operations view the ongoing testing and inspection of equipment as a burden.
However, it is a business imperative and often, is a competitive advantage. Scheduling a preventive maintenance plan for your machinery and equipment means less energy consumption because of high levels of operational efficiency, which will reduce your utility bills.
A planned preventive maintenance schedule saves real-time costs than emergency repairs.
The maintenance work avails time to increase work order frequency and complete tasks faster because your machinery will run efficiently around the year.
Unplanned downtime will spike maintenance costs, as equipment may need to be rush-ordered –-at a higher price –- and shipped via priority method.
4. Increase Productivity
Preventive maintenance increases productivity by reducing the amount of reactive work and increasing the ability of management to manage work.
It allows for the early identification of problems and significantly increases the life cycle of equipment, lowers capital expenditure requirements, and allows for better planning of capital budgets. Besides, when integrated with handheld technologies and a combination of asset management, work order management, and inspections, workflow efficiencies are increased to maximum levels.
For access to the entire post, click here. For additional maintenance tips, check out a recent feature we wrote on battery maintenance tips.