In businesses, there are lots of different types of maintenance are used. To choose an effective maintenance strategy, you need to know & understand all the maintenance strategies first. Moreover, you all also need to know how these maintenance strategies work!
In this blog, you will know different types of maintenance strategies. It can also help in knowing which maintenance strategy suits your business. So, without wasting any time, let us begin!
What are the various maintenance strategies?
The various maintenance strategies are as follow:
Preventive maintenance is one of the most effective maintenance strategies. However, lots of organizations do not utilize it. Maintenance is thought to be only done when asset or equipment breakdown occurs. As a result, in the hour of need asset fails and business production suffers.
The activity done in this maintenance strategy includes regular maintenance and all the activities mentioned in the work order. Most importantly, this maintenance type is proactive, which means it does not wait for an asset for breakdown. This is scheduled maintenance, just like the clockwork maintenance is done as per the schedule. In simple words, minor issues are fixed before they become significant problems.
Just like preventive maintenance, predictive maintenance also schedules maintenance for assets and proactive. However, asset inspection is done, and estimation is done for how long the asset can work after that maintenance is done.
According to Markets and Markets, “The global predictive maintenance market size is expected to grow from USD 4.0 billion in 2020 to USD 12.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 25.2% during the forecast period.” One of the significant benefits of proactive maintenance is that it avoids unexpected breakdowns & allows the business operation to run smoothly. The difference between predictive maintenance and preventive maintenance is that predictive maintenance utilizes resources more carefully as asset inspection is done before maintenance to know the asset’s condition.
The condition of the asset is inspected regularly to know the condition of the asset. Several factors can impact asset conditions, such as working hours of the machine, power fluctuations, environment, etc. These types of variables are also taken into account then calculation and estimation are done.
In some cases, condition-based maintenance is more effective than preventive and predictive maintenance. Condition-based maintenance can be more cost-effective compared to other maintenance types. All the maintenance team needs to do is inspect the asset regularly and calculate its failure so that maintenance can be performed. However, it would be best if you highly had highly skilled and knowledgeable maintenance technicians so that maintenance work does not suffer.
Breakdown maintenance is not like proactive maintenance. It is reactive maintenance. It means that in this strategy, assets are run to failure as simple as that.
Breakdown maintenance is simple to understand, and team maintenance does not have to invest time specifically because maintenance will be done only when required. It saves inventory expenses. However, reactive maintenance can be utilized on assets that are non-critical for the organization.
Most importantly, it shall not be used on critical assets because if asset failure occurs, it can lead to a delay in production & if the fitting spare parts are not available in the stock, then more delay will occur. In that case, the maintenance cost will increase, and production will be delayed. Furthermore, downtime will increase, and customer disappointment will also occur.
How can you get the best results?
You can get the best solution with CMMS software! It can be helpful to organizations by taking care of maintenance by automating the process. It can provide several other benefits such as
Eliminating manual maintenance management – CMMS software removes the manual process and makes the process automated. It lets you define the frequency for each asset and alerts you as well for each upcoming maintenance.
This feature allows the manager to focus on other things than scheduling the maintenance. Furthermore, this software provides valuable data such as maintenance history, maintenance expenses, and so on. This will help in making more informed decisions that can help in avoiding unnecessary expenses. With the data assistance, you can plan for future goals for organizations, such as reducing maintenance expenses.
This software emphasizes proactive maintenance for critical assets. You can also try experimenting with other maintenance types. When you keep your assets in the best condition, it will result in increased asset performance. When the performance of an asset is increased, it leads to increased productivity, and the productivity of employees and assets increases. That creates a positive impact on the bottom line as well.
These were the main maintenance strategies; however, you must use CMMS software for the best result. As CMMS software has the potential to improve maintenance operations and that will result in cost savings. Furthermore, you will notice that there are several other benefits as well.