Why Is It Important To Do Preventive Maintenance?

by Chris Pavlis on Aug 21, 2020 Business 69 Views

Asset-Management

There are two types of maintenance strategies deployed by the companies that depend on equipment – preventative maintenance and reactive maintenance. But, which one should you go by – Reactive or Preventative? Many companies still cling to the reactive maintenance, they wait until it is broken to fix it, but in reality this increases their costs of downtime. Whereas Preventive maintenance, on the other hand is a carefully designed maintenance program by the Asset Management experts, where the maintenance duties are performed regularly to avoid larger and costly fixes overtime. Here are a few reasons that state why it is important to do preventative maintenance –

Improves the Asset’s Lifetime

Every organisation aims to hold functional and effective assets for the longest possible time. However, if the facility follows a reactive maintenance, it could have a compromise over the lifespan of the asset, ultimately resulting in its breaking down. The preventive maintenance programs offered by the Asset Management Sydney experts aim to solve the problems of low asset lifetime by carrying out constant maintenance programs at their highest ability.

Cost Effectiveness

Facilities that follow reactive maintenance actually wait for a problem to happen, and it can be a very costly fix. The unplanned downtime can also end up in the laziness of the staff, hampering the production line and missed deadlines. However a preventative maintenance program helps avoids these problems with regular and ongoing long-term maintenance tasks. It can help save a lot of money in the long run, because the Asset Management Melbourne experts focus on preventing equipment failure instead of responding to the emergencies!

Safe Working Environment

If the equipment isn’t working in its fullest form, it could create an unsafe working condition where there are chances of the workers getting injured. When facilities follow preventative maintenance programs, it improves the safety of the equipment and as a result the safety of workers on the job is also secured with fewer on the job accidents.

Enhances Reliability

When a company follows preventative maintenance, it has the prospect of becoming a reliable business partner. This is because, there is no downtime and the organisation could deliver the products or services on time without any redundant delays. This will also help enhance the customer service and thereby improves its reputation.

Ultimately, Preventive maintenance is a planned regular maintenance program, which is organised according to the usage or in a time-based manner. Preventive maintenance is all set to reduce the probability of equipment breakdowns and safeguard the assets in the long run. Eventually, it is the best maintenance strategy to use, saves a lot of money for the facility and above all much easier to carry out!

The author has an experience working in Asset Management Sydney for over 10 years. He is also an avid writer, who blogs on the Asset management niche. Visit https://www.pacificbmg.com.au for more details.

Article source: https://article-realm.com/article/Business/7228-Why-Is-It-Important-To-Do-Preventive-Maintenance.html

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