You Need a Preventative Maintenance Strategy. Here’s Why.

Planning is an especially critical component of companies dealing with asset management. However, many companies fail to plan proactively and rely on reactive maintenance by responding to asset issues after they occur. Instead, optimizing preventative maintenance strategies should be the focus of asset-intensive companies. Preventive maintenance is taking steps to prevent issues from occurring within your equipment. Preventive maintenance data within your EAM/CMMS system can be highly complex and challenging to change. Therefore, migration is a perfect opportunity to optimize your PM data. Below are some of the key takeaways from an effective preventative maintenance strategy.

Reduced Downtime

Focusing on preventive maintenance can reduce downtime. Instead of waiting for equipment failure, your company should already have routine maintenance in your preventive maintenance plan. Since you are inspecting and maintaining equipment before failure, you can significantly reduce downtime as you won’t have to wait for parts to arrive or for the issue to be identified while equipment is down. Further, you will not have to fix equipment when operations are running. Instead, you can schedule maintenance at a time when equipment does not need to be used.

Keeping Equipment Dependable

By subjecting your equipment to routine maintenance, your company can keep them in good condition and increase their lifespan. Specific issues within the equipment might not necessarily lead to complete failure but can decrease its lifespan. By maintaining equipment before failure, you can address issues that otherwise wouldn’t have been addressed. Ultimately, this can increase an asset’s life span and reduce the risk of failure.

Improved Client Service

Since reduced downtime directly correlates with increased productivity, companies can get goods into customers’ hands quicker because of preventive maintenance. Adequate equipment also means that goods will be assembled correctly and won’t have defects later.

How NRX AssetHub Can Help

HubHead’s solutions and services can help you implement or reorganize your PMs before an EAM migration. Contact us to book a demo or download our brochure so our team can help out!