Downtime is one of the worst things a business can experience; it is essentially a period of lost revenue made more demoralizing by the fact that it is completely avoidable. Never be forced to go out of business — even if just for a while. Conduct preventive maintenance often and early.
The Industrial Failsafe
According to professionals from alliedfacilitycare.com, the purpose of preventive maintenance is threefold: to avoid the need for unnecessary maintenance tasks, to conduct maintenance tasks when and where they are needed, and to streamline your company’s efforts towards more important items and areas.
Another benefit of preventive maintenance is that it enables your workers to prepare for (and even prevent) emergencies. Simply put, if a business needs to be a well-oiled machine, preventive maintenance ensures that the oil being used is the best one available.
The Industrial Standard
Through preventive maintenance, companies can greatly improve the lifespan of their equipment and reduce depreciation and impairment. Business can avoid significant unexpected downtime by repairing and servicing their equipment before failures occur. By assessing the amount of wear workers subject every piece of equipment to, companies can create a reliable preventive maintenance schedule. There is no one-size-fits-all approach to preventive maintenance, and companies that manage to determine the optimal frequency of preventive maintenance tasks for the equipment they own are those at the least risk of experiencing failure consequences. The process includes but is not limited to:
Extension of equipment life
Since preventive maintenance approaches vary from plant to plant, a good place to start would be with American National Standards Institute (ANSI) prescriptions. Their guide on maintenance scheduling for mechanical equipment serves as a reliable framework for preventive maintenance schedules for a variety of relevant industries.
Preparedness tends to be an underrated quality among successful businesses, but this does not mean companies should ignore it altogether. In fact, it is the lack of failures and downtimes that keeps the phrase “business as usual” as lucratively true as it can be.