Save Money with Scheduled Maintenance
Appropriate preventive maintenance scheduling can reduce equipment downtime and increase reliability. On the other hand, if you allow a piece of equipment to run until it breaks down, emergency maintenance will have to be performed. This means that the equipment will be unable to perform its function until it is restored to working condition. Effective machinery maintenance with the help of maintenance software will extend equipment life, reduce equipment breakdown/downtime, and increase labor productivity.
Extend Equipment Life while eliminating the premature replacement of parts and equipment. While maintenance software isn’t capable of fully automating purchasing decisions, it does allow you to keep track of KPIs and develop a robust view of equipment costs. Typically, maintenance managers decide whether or not to replace an asset based on its age. However, this isn’t always the best or most cost-effective measure for deciding when to replace an asset.
Preventive maintenance software analyzes equipment based on operational information captured through PMs and work orders. With some analysis, a maintenance manager may determine that an older piece of equipment has more uptime and requires fewer repairs than a newer model. As a result, the maintenance manager may conclude that equipment replacement could be postponed until a later date. This would enable the organization to shift asset capital spending to where it’s needed most, further contributing to the ROI of the maintenance software.
Reduce Equipment Breakdown and Downtime with scheduled maintenance. If your equipment isn’t maintained properly, it will break down more often and experience more downtime. This leads to lost dollars. If you use preventive maintenance software to schedule and track preventive maintenance tasks, you can reduce unexpected breakdowns and emergency maintenance issues. Properly maintained assets perform more efficiently and fail less often. Having equipment up and running efficiently has a huge impact on your organization’s overall productivity and effectiveness.
A well-executed preventive maintenance program leads to a decrease in unplanned repairs, which lowers costs. And if equipment breaks down, CMMS software gives you quick and easy access to equipment history, manufacturer information, specs, and warranty information, so maintenance technicians can handle the repair quickly. Furthermore, routine repairs eliminate the need for expensive, large-scale repairs.
Increase Labor Productivity with a fully-implemented maintenance program. When you schedule maintenance activities, you are able to make better use of your maintenance workers’ time and reduce overtime costs. This is because all workers can be made aware of maintenance work and their time can be planned efficiently, maintaining productivity levels, rather than unexpectedly ceasing work in multiple areas at any time.
If you use CMMS software, you can look at the cost of repairs across the life of a piece of equipment to determine whether it should be replaced. By performing routine preventive maintenance, you may also discover that a piece of equipment is operating perfectly, even when it is past its prime. This enables you to postpone or avoid equipment replacement, which can lead to a reduction in expenses. You can also analyze the data that preventive maintenance software generates to identify equipment that has excessive maintenance costs, which could indicate the need for corrective maintenance or equipment replacement.
A CMMS system can contribute to your organization’s bottom line and ensure that your maintenance operation is a profit center rather than a cost center. Investing in a maintenance management solution is a must for companies that want to protect their assets and maximize their budgets.