Preventative maintenance is often viewed by companies as an unnecessary expenditure. In most cases, this is far from the truth and can prove to be a very costly mistake to make. Many companies tend to focus solely on the immediate issues that arise – repairing or replacing parts when something goes wrong and reacting to urgent matters. While reactive maintenance is necessary in certain situations, transitioning to preventative maintenance is a strategy that will save both time and money, as well as help operations to run more smoothly. In this article, we’ll take a closer look at preventative maintenance with a spotlight on how it can save a company money over the long term.
What Is Preventive Maintenance?
Preventative maintenance is not about fixing problems. Its focus is on preventing those problems from ever happening in the first place. It includes activities such as cleaning, lubrication, adjustments, repairs, and parts replacement. Each of these activities is performed to keep equipment running in top condition and to prevent downtime and reactive fixes.
How Preventative Maintenance Saves You Money
1) Reduced Downtime
When it comes to production, the phrase ‘time is money’ rings true. Every time machinery goes down for maintenance, you’re losing money both from employee wages (since employees must wait for the equipment to be fixed) and from products (which cannot be produced when the equipment goes down). Preventative maintenance drastically reduces downtime because the entire purpose is to prevent downtime.
2) Increased Operational Efficiency
When preventative maintenance is properly implemented, equipment is routinely maintained so it can always run at optimal condition. When machines run more efficiently, they don’t have to use as much energy and resources. This means cost savings as well as improving your environmental footprint.
3) Reduce the Risk of Expensive Reactive Maintenance
Reactive maintenance is incredibly expensive. When something breaks unexpectedly, you have the costs of your maintenance crew (which can include overtime pay), the cost of the extra time it takes to diagnose the problem and the cost of the parts (which can include expedited shipping charges). Preventative maintenance can dramatically reduce the risk of these costs. With preventative maintenance, routine checks and planned maintenance at convenient times, you avoid large and expensive fixes down the road.
4) Increase the Life of Equipment
In addition to reducing downtime and expensive fixes, preventative maintenance will also increase the life of your equipment. When everything is up to date and working properly, you will maximize the lifespan of your equipment, helping you get the most out of your investment.
5) Improved Customer Service
Your customers put trust and confidence in the goods or services you provide. They expect that these things will be delivered on time, and no one wants to hear that the products will be delayed because of machinery failures. When you can consistently provide quality, on-time service to your customers, you’ll end up with happier customers, better reviews, more referrals and ultimately more sales.
Implementing a Preventative Maintenance Program
If you’ve been relying on reactive maintenance but want a solution that will save you money, time and stress, it’s time to turn to preventative maintenance.
We recommend for the following equipment be on a preventative maintenance schedule:
- Air Compressors
- Compressed Air Dryers
- Exhaust Fans
- Packaged RTU’s
- Split Refrigeration Systems
- Process Chillers
- Cooling Towers
- Make Up Air Units
- Dust Collection Systems
- Infrared Heating Systems
- Unit Heaters
- All types of HVAC equipment
- Backflow Preventer
As you can see, preventative maintenance offers many benefits. Make the switch today and the cost savings will start to add up quickly for your business.
Interested in implementing an effective preventative maintenance plan for your business or organization?
Contact us today or call us at (888) 833-8776 to learn how we can streamline your production with preventative maintenance.