Insights

How maintenance contributes to financial performance

Industrial operations that use physical assets for production or service delivery need their assets to run optimally, and cause minimal operational disruptions when they don’t. Spending too little overall, or on doing the wrong things, always backfires. These short-term savings inevitably lead to breakdowns disrupting operations that cost much more in lost revenue than was saved by under-spending.

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Proactive vs Reactive: which is better for your business?

Businesses often attempt to maximize profits for owners or shareholders by taking measures to reduce costs. A reactive approach to plant and equipment breakdowns is very costly, and it reduces outputs. By failing to do what it takes to become proactive, they take risks against the odds of frequent failure, high repair and downtime costs. A proactive approach is more productive, predictable and less expensive, as it relies on strategic maintenance.to increase equipment life and running times, reduce failure risk, and lower operating costs.

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Save 20 % of your maintenance costs

Saving 20% of your maintenance costs is achievable in many operations. Are you running your production equipment to failure? Is your maintenance spending consistently higher than you budget allows? Are you frustrated that breakdowns cause delays in delivery schedules?

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Can maintenance do better?

Are you tired of hearing about maintenance problems and excuses? Perhaps you aren’t happy with asset reliability and availability. Production may be complaining about maintenance. It’s frustrating that you can’t get answers you trust from your so-called experts in-house.
How can you tell if maintenance is doing a good job? 4 min, 16 sec.

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