Why should businesses adapt a Preventive Maintenance Strategy?

Although Maintenance activity may depend upon operations and the type of equipment, yet all businesses require maintenance, irrespective of their industry or size.  Broadly there are two types of maintenance strategies, the first and the most traditional form of maintenance is reactive maintenance. Here, the strategy is to act only when the equipment is broken or is not in working condition. While at the foresight, it may appear as cost saving but in reality businesses end up spending a huge amount on repair and replacement of non-functioning equipment.

The second strategy is preventive maintenance, where the maintenance tasks are carefully designed and performed at a fixed interval to avoid the risk of spending a huge amount of money on fixtures. A lot of professionals have today recognized the importance of preventive maintenance and are slowly shifting their operations from reactive to preventive.

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Let’s look at how preventive maintenance is a boon to business:

Proper Maintenance of Assets

Most equipment that are owned by the company are usually quite expensive. The cost of repair for these equipment is also high. Therefore it is important to maintain these assets and prolong their life, so that they can bring greater productivity to the company. Having a Preventive maintenance strategy is always a boon in this regard.

The biggest benefit of preventive maintenance is that through regular and routine maintenance it prevents breakdown and optimizes the functioning of the equipment. It is undoubtedly on of the best option for companies that have a great growth vision for the future.

Reducing Downtime

To carry on all maintenance tasks, some amount of equipment downtime is always there but through the preventive maintenance strategy companies can reduce this downtime. Let’s understand this with the help of an example. Reactive maintenance usually takes place when the equipment has almost stopped functioning, which means it is almost unexpected. So even though an important task was on, if the equipment stops working, everything comes to a halt. The downtime in this case is high and extremely unexpected. Now with preventive maintenance, companies can pre-plan their maintenance activity as per their time and convenience.  So in this way companies can take care of their equipment regularly which will lead to decrease in downtime and increase in productivity.

Optimizing Equipment Efficiency

The CMMS software has greatly been adapted by companies which are production driven. For these type of companies most rely on the performance of their equipment that can churn the necessary productivity. With the help of preventive maintenance strategy, companies can plan routine maintenance of their assets and can ensure that the equipment are healthy and they can be used for a longer period, without any breakdown.

Other Benefits

The use of preventive maintenance simplifies the process and thus helps the organization to streamline its activities and prioritize work accordingly. However apart from the above there are many other benefits of preventive maintenance like.

• It reduces unnecessary maintenance
• Saves Maintenance Costs
• It Reduces errors in Operations
• Ensures that the final output is of superior quality
• Brings about Better Compliance
• Reduces the risk of accidents
• It helps the technician to reduce his/ her administrative burden

Conclusion

By now you must have understood the importance of preventive maintenance. The success of an organization depends upon its maintenance plan and CMMS software is the best tool that can improve production and reduce cost.