If your equipment breaks down, so does your business. Every equipment manager knows that ensuring proper maintenance and preventing downtime is a top priority. But what happens when that piece of equipment is out at a job site for a month, and you have no idea how long it ran or when the last maintenance was performed?
Most of the time proper routine maintenance is overlooked, leading to setbacks caused by major mechanical failures. If your company still waits until equipment fails to repair it, then you are wasting thousands of dollars that could be easily spared by preventive maintenance (a.k.a. preventative maintenance) strategies.
What is Corrective Maintenance?
Corrective maintenance is a maintenance task performed to resolve equipment failure and restore it to operational condition. This type of maintenance is the most commonly used approach and it occurs when routine check-ups fall through the cracks, leading to major mechanical problems. Corrective maintenance could cost thousands of dollars, not to mention if you end up having to replace the equipment what that cost would be.
What is Preventative Maintenance?
Preventative maintenance is any maintenance that is designed to retain the healthy condition of equipment and prevent failure, which could mean an oil change, cleaning or inspection. This type of maintenance has been determined by researchers as the best and most efficient way to maintain equipment. By performing routine maintenance, equipment life can be extended dramatically and reduce the number of major mechanical failures that occur.
The Difference
Switching to preventative maintenance can not only save you time and money, but increase the value of your equipment drastically. This process change can seem difficult and time-consuming, but there are many tools and solutions that can help.
For instance, utilizing equipment maintenance software can streamline this process entirely by allowing you to schedule maintenance based on timing or usage, and receive automatic alarms when maintenance due. From there, you can dispatch the closest technician and record any repairs that were performed in one, centralized system. Simply stated, tools like these allow you to see how much money you are spending on equipment and helps you make better decisions when it comes to your business and business assets.
Here are some other important benefits of implementing a preventative maintenance program:
Increase equipment uptime and avoid serious breakdowns
Extend equipment life with routine maintenance (only when necessary)
Improve tech or worker utilization
Reduce paperwork and administrative tasks with electronic reporting tools
Improve safety and quality conditions for everyone
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