How Can You Reduce Equipment Repair And Maintenance Costs?

In today’s competitive economic environment companies are constantly searching for ways to reduce costs.

Repairing A Equipment

Maintenance and repair is often overlooked as a possible source of savings, but there are strategies that can be employed which result in significant savings in this department. There are traditional strategies that companies use to save money on maintenance, but they usually prove to be counterproductive in the long run. Some of these strategies are: letting machines run to the point of failure, bargaining for reduced prices on spare parts, and using cheaper parts and upgrading materials.

However, more effective strategies can be employed:

Monitor Spending Patterns

Keeping a tight monitor on spending is one of the first things you should do if you want to save. This allows you to see how much you are spending in the first place and from that point, you can find ways to reduce costs.

Foster a Culture of Savings in the Workplace

Everyone in the department should be committed to saving money. To encourage this, make employees feel a part of the process by asking them to brainstorm ideas on how money can be saved.

Rectify Chronic Failure Among Machines

If there are machines that fail persistently, look for the root cause of the problem instead of replacing it. With a little persistence, a skilled engineer or maintenance worker can trouble shoot the underlying problem and take corrective action that would be cheaper than buying new equipment. Preventative maintenance on a regular basis will also reduce costs.

Invest in Expert Staff

Rather than constantly outsourcing maintenance work, hire trained staff that can repair the equipment without any help from the outside. Employ staff that have specialised knowledge of the equipment in question and constantly train them to troubleshoot problems.

Employ Failure Prevention Technology

Failure prevention technology can detect possible flaws in equipment and cause the machine to shut down automatically. This will alert staff of a problem and so early action can be taken.

Predictive Maintenance

Predictive maintenance acts similar to failure prevention technology. As the word implies, it predicts problems before they happen. This involves the use of sophisticated technology that involves detailed analysis of various aspects of the machinery. Any possible flaw or inconsistency with regular patterns will be immediately detected.

Consultancy

Outsourcing can potentially be expensive, but if the right company is selected for a reasonable cost then this can save money in the long run. A good service provider can trouble shoot problems early on or provide more effective preventative measures.

Your lifts should always be monitored to ensure they’re in top working order. If you or your staff notice even small changes in their working order, be sure to contact Pentalift immediately to prevent unnecessary costs from accumulating over time.