Preventive Maintenance (PM) can help your company reduce the costs of maintenance and repairs. While planned, preventive maintenance may pose a small hindrance to your regular production, it is nothing compared to the impacts of unplanned downtime caused by equipment failure.
In the framework of a plant, ensuring that equipment and machines are functioning safely and consistently are crucial to health and safety and preventing costly downtime. Regular preventive maintenance helps achieve all of this.
Decrease in High Reactive and Unplanned Maintenance Costs
Effective preventive maintenance can reduce unnecessary costs that occur because of repairs and can ensure that a technical system does not breakdown. Some of the costs of unplanned maintenance include lost production, high costs for last minute parts and shipping, and time lost that is spent responding to emergencies and diagnosing equipment failures. With planned, preventive maintenance, these costs can be reduced. For example, required supplies, parts, and professionals can be gathered in advance to reduce the amount of time that a maintenance operation takes, and equipment can be shutdown to coincide with planned production downtime.
Legal Standards Required
It is important that you maintain and inspect your technical system regularly because there may be legislation relating to your plant safety or industrial hygiene and safety. A good preventive maintenance plan can improve the safety of your plant and help you abide with legal standards for your industry.
Product Quality Assurance
The quality of the product depends on the condition of the facility where it was manufactured. To ensure the quality of your products, you need to also ensure the quality of the equipment in your plant.
Environmental Standards Required
It is possible that effective, planned preventive maintenance can prevent system breakdowns and equipment failures that may lead to environmental impacts.
Consider Implementing or Optimizing Preventive Maintenance
If you are planning an EAM migration, then this is an ideal time to consider implementing or optimizing preventive maintenance. PMs are challenging to edit and change in most EAM systems, and so a migration is a great opportunity to make changes to your preventive maintenance data while it is out of your live EAM system.
NRX AssetHub, powered by HubHead Corp., provides asset-intensive businesses with world-class software for visualizing, building, editing, organizing, governing, and sustaining high-quality asset and maintenance master data for their EAM and CMMS systems. This allows companies to ensure that their PMs are optimized in their new EAM system. If you would like to learn more about preventive maintenance optimization, book a demo, and our team would be happy to help you!
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