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How Regular Plant Maintenance Can Save Your Business Money
As a plant facility manager, time is money and creating a regular plant maintenance program that works for your company is just as essential as every other part of your business when it comes to saving your time and money. Regular plant maintenance not only reduces the overall maintenance cost each year, it also lowers the risk of something catastrophic happening in the future, as well as the amount of time spent on any other maintenance needs in the future.
Planned maintenance is preventative maintenance and no matter what variety of industry your company operates in, the cost implications are frequently quite substantial. Most companies, however, tend to only focus on immediate issues and while “reactive maintenance” is necessary for certain scenarios, creating a regular plant maintenance strategy is sure to help your business run more smoothly. Let’s take a closer look at a few ways regular plant maintenance can make a difference in your company and save you money at the same time.
Whether the machinery is old or parts need to be repaired or replaced, equipment will inevitably go offline at some point, but the number one reason why regular plant maintenance is so important to your company is that it reduces downtime nearly in half. Rather than halting production for a significant amount of time and potentially creating a highly stressful work environment, implementing a quality plant maintenance program can improve productivity without wasting too much valuable time. Regular plant maintenance drastically reduces downtime because its entire purpose is to prevent downtime.
Improve Lifespan of Equipment
Another reason why regular plant maintenance is so important is that it substantially increases the lifespan of your equipment, making it so you don’t have to worry about constantly making major new equipment purchases. Regular plant maintenance helps to keep your equipment operating at its efficient level and ensures that your company will still have a significant amount of money that bet used elsewhere. When company equipment is regularly maintained, you will maximize its lifespan and ensure that you are getting the most out of your investment.
Increase Customer Satisfaction
While quality customer service is an often overlooked, one way you can help keep your customers happy is by having machinery that always works. Clients have deadlines and they expect those deadlines to be met by a company they can trust to deliver quality products on time, but machine failures or faulty equipment can always disrupt production and leave you with upset customers. Implementing a regular plant maintenance program helps keep your equipment running in its optimal condition and you can rest easy knowing that all of your customers will be satisfied with the product you are providing them on time. Happy customers lead to better reviews, more referrals, and more sales.
According to the Plant Maintenance Resource Center, poorly managed maintenance schedules can result in as much as 40% of the operational budget and while your company may not have a history with equipment problems, implementing a regular plant maintenance program is one of the best practices you can start doing today to ensure that you don’t have to waste valuable time and money with unnecessary expenditures with maintenance costs, repair needs, and services to blame.
Regular plant maintenance gives you the ability to prevent bigger issues from arising in the future and allows you the ability to keep your company running at peak levels.