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A lack of maintenance accounts for 62% of breakdown-related insurance claims. When your vital equipment goes out of order, it can be disastrous for a company. So how do you keep everything running slowly?

One way is to avoid breakdowns before they occur. Read on as we discuss why you need a preventive maintenance plan and how to implement one. 

What Is Preventive Maintenance?

Preventive maintenance is a popular maintenance strategy, designed to extend asset life, decrease spending and increase productivity. This is done through adjustments, cleaning, repairs, and replacement. In short, you are preventing problems before they occur. 

Maintenance management varies depending on the type of company. All of this focuses on balancing your preventative maintenance, often using a CMMS. You don't want to do so little it does not have an impact, but do so much you end up wasting time

Define Your Company’s Needs

There are four main types of preventive maintenance. Choosing them correctly depends on knowing what your company needs from its maintenance schedule. 

Calendar-based maintenance is the most common. It involves a recurring task that is done when each time interval is reached. These may be quarterly, annually, or monthly. 

Usage-based maintenance is similar to time but occurs when a measurement is reached. This may include a distance traveled, cycles run, or hours of service before maintenance is required. 

Predictive maintenance looks into historical data and will create maintenance tasks to prevent it. This may include predicting price crashes of assets

Prescriptive maintenance is similar to predictive. In this, machine learning software from a CMMS assists the maintenance manager to prescribe tasks. It costs more money and time to set up but increases efficiency a lot. 

Know How to Implement a Preventive Maintenance Plan

Once you know the type of company needs, you can begin to implement a preventive maintenance plan. Before you begin, there are three main considerations you should take into account. 

Firstly, how bad is the worst-case scenario? What damage will it do to the business if your equipment actually breaks down? Will it destroy the firm, or simply be a temporary loss of service that is easy to fix?

How likely is a breakdown? If the chances are slim and the worst-case scenario low, then you may not need preventive maintenance at all. If it is the other way, then you may need even more. 

Finally, how much will it cost? Most preventive maintenance requires the use of software to run efficiently, which will cost. You may also need to hire extra staff or outsource the task, adding to your budget. 

Adopting a Preventive Maintenance Plan in 2022

A preventive maintenance plan stops your equipment and finances from grinding to a halt. In these lean times, most companies can not afford to let that happen. If you are one of them, then preventive maintenance is essential. 

To get help, you need Lena Software. We have excellent CMMS assistance to schedule your maintenance. Click here to schedule a demo and see how it can help you.

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