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Every asset needs inspections. If left unattended, they will fail at some point. These unexpected equipment breakdowns disrupt everyday operations and lead to costly repairs that impact the entire budget of the facilities. It’s better to fix these discrepancies when they are still at a minor stage. Thus, having an effective preventive maintenance plan in place will help facilities to gain some impressive cost savings and improve the efficiency and reliability of the critical equipment.
In simple terms, preventative maintenance prevents or limits potential future issues or asset breakdowns by carrying out simpler, less involved tasks in a building. Managing the facility maintenance becomes smart, proactive, and easy with a preventative strategy.
Why must you look forward to a preventive maintenance plan?
An effective asset maintenance program can make a significant difference to the performance and operation of the facility equipment. Preventative maintenance comes under the list as it makes building safer, more competitive, and more profitable. Here are some of the justified reasons for it:
1. Minimize unplanned downtime equipment costs
Unexpected equipment downtime costs thousands of dollars to facilities every year. It also substantially disrupts worker productivity. Preventative maintenance eliminates these unwanted events benefiting the bottom line of the businesses. A recent study says that machine lifespan gets extended by almost 40% with preventative maintenance.
Facilities should consider investing in connected sensors to detect possible signs of discrepancies that allow them to take timely action and ensure energy savings.
2. Save machine diagnostic time
It’s a pain for facility managers to detect the anomalies that are going on in equipment. The challenges arise when they have to pinpoint the problems. If they opt for a maintenance program that includes smart sensors and some solutions that highlight a problem’s precise location, most of the hassle will be solved automatically.
The main benefit of prioritizing preventative maintenance is technicians will have more accurate answers when a problem arises. Smart sensor data, maintenance records, and checklists give a precise response when problems in equipment arise or become worse. It not just saves the machine diagnostic time but also leads to a proactive building management system.
3. Gather accurate metrics about equipment maintenance needs
Today’s company leaders want to drive automation in their asset maintenance. Little did they know how to get started. Are you also the one?? Take help of preventative maintenance. It allows you to track maintenance tasks and gather data in different timeframes. In this way, you will be able to know when there is an actual need for asset equipment.
4. Prevent workers’ injuries
Inadequate machine maintenance can create problems, like machine-related explosions and fires, or even lead to safety features failing to activate. The lives of workers go into jeopardy as it often results in fatalities. Preventive maintenance plays a significant role in safety as well. It prevents equipment failures by automatically detecting fault & its diagnosis.
5. Considerable cost reductions on emergency assets repairs
Preventative maintenance impacts the bottom line of the business in many ways. With regular scheduled maintenance and emergency repairs, facilities can overcome the shortfall of budget planning. The goal of achieving connected buildings becomes possible with this smart maintenance strategy. You don’t have to bring in extra help and incur additional expenses for your maintenance team to deal with the problem at hand.
You can’t avoid all the emergencies, but you can definitely put all the odds back in your favor with a regular preventative maintenance plan.
6. Increased equipment utilization
The lifespan and performance of equipment automatically increase when it is timely inspected and maintained. Fault detection and diagnosis become easy with a good preventative maintenance plan as it minimizes the number of times you need to replace equipment within the lifespan of a facility. Take an instance. An HVAC unit is replaced every 15 years in comparison to every 10 years. It will save you thousands of dollars. This increased utilization of assets with routine maintenance is an investment that will surely bring you savings.
7. Develop better equipment inspection procedures
In reactive maintenance, facilities often lack thorough processes that ensure how the machine performs for a long time. It often leads to catastrophic failures. However, with preventative maintenance, the facility managers are responsible for equipment maintenance and follow checklists to specify what to examine and when. With this strategy, they can detect suspicious signs before a major problem arises. At the same time, they get an accurate picture of machine health.
Implement Preventive Maintenance NOW!
Emphasizing preventative maintenance in a facility is an excellent way to increase resiliency in an ever-challenging marketplace. Identify the weak points in your equipment and gain a competitive advantage hassle-free. Connect with Zenatix to get your smart solution to the most complex problem of your building.
Keep up with the latest IoT-based building automation, and follow us on LinkedIn!