Tips for Optimizing Your Maintenance Strategy
Benefits of optimizing your maintenance strategy include extending asset life, reducing asset failures and downtime, minimizing repair costs, and improving health and safety. Start by assessing your current maintenance strategy to identify its strengths and weaknesses. Assign a maintenance strategy to each asset you have based on its level of criticality.
Assets that have a high consequence of failure are considered highly critical assets. Monitor the condition of highly crucial assets continuously with a predictive maintenance plan to protect them and predict failures. Assets of low-to mid-level criticality should be monitored with preventive maintenance.
A run-to-failure strategy (reactive maintenance) is ideal for assets that aren’t considered essential. Reactive maintenance should be used if the consequence of failure is so low that it makes sense to allow the asset to fail rather than spend valuable maintenance time performing predictive or preventive maintenance tasks.
Most companies find that they have to use a combination of predictive, preventive, and reactive maintenance strategies for the best results. When implementing a maintenance strategy, it’s important to have CMMS software in place to track your work and schedule. Documenting the condition of your assets with an enterprise maintenance management system over time also enables you to identify opportunities for improvement and increased efficiency.