Let’s face it, when it comes to our equipment we don’t really give it a lot of thought when it is working. Most of us use the old saying – “If it ain’t broke, don’t fix it!” The problem with this boils down to dollars. Simply put, you’re going to end up spending significantly more money if your strategy is to simply react when your equipment breaks down.
A successful preventive maintenance program improves the performance and safety of your company’s valuable assets and helps to avoid unplanned stoppages.
Here are 5 good reasons why a proactive customised preventive maintenance approach will reduce your costs and improve your businesses overall operations.
- Save Money
Unplanned downtime caused by equipment failure can cost a fortune in lost production revenue, not to mention emergency repair costs. From paying technicians overtime to the cost of overnight parts delivery, everything is more expensive in an emergency.
- Maximize Efficiency
Regular equipment maintenance optimizes operations, so you can run at maximum efficiency. Keeping your equipment running at optimal potential enhances production while reducing costs. Poorly maintained equipment uses a lot more power, resulting in increased energy costs that add up over time, as well as potential health and safety risks to yourself and your employees
- Prolong Equipment Life
Predictive maintenance programs result in longer lasting, better-performing equipment. Aging equipment is one of the leading causes of unscheduled downtime where regular maintenance protects your investment and improves both your equipment’s lifespan and performance. As we all know, more efficient, effective equipment translates to higher profits.
- Reduce Maintenance Costs
Reactive maintenance is widely thought to be anywhere from 2 to 5 times more expensive than preventive maintenance. Over a period of time regularly scheduled maintenance minimizes breakdowns and makes for much quicker, easier repairs when issues do arise. It’s simply smarter to replace components that wear down before they fail. Preventing problems before they occur is always going to be less expensive than equipment failures.
- Improve Safety and Reliability
Poorly operating machinery can create hazards and unsafe working conditions. Dulled and warped edges on equipment with grinding gears can be dangerous. Regular maintenance inspections ensure that faulty equipment doesn’t cause injury, and when your equipment is in safe working order, your employees stay safe as well.
Implementing a successful preventive maintenance program can be time consuming and costly, but the rewards are well worth the effort.