4 Reasons Service Companies Should Use Predictive Maintenance
A properly executed predictive maintenance protocol provides profitable and observable benefits. Predictive maintenance is a method of analysis that predicts when an in-service machine will have operational issues. A maintenance schedule for the equipment is designed around the data gained.
The utilization of PdM maintenance is spreading across different industries. There are varying techniques used to analyze every component of a machine both inside and out. One popular method is vibration analysis. The analysis is designed to predict when the machine will fail. Becuase of this, preventative work is done to avoid that situation. It’s a simple process and it’s very effective.
4 Benefits of Predictive Maintenance
– Safety – PdM increases safety in the workplace. A perfectly working machine is clearly safer than a machine in danger of malfunctioning. Workplace safety is the number one concern of any company, even above revenue.
– Employee efficiency – All employees have a certain task. Whenever they have to perform repairs or wait for a piece of equipment to function properly, they are wasting time and reducing their productivity. With PdM, repairs and routine maintenance are scheduled during off hours of production to diminish this problem.
– Cost – It reduces both labor and equipment costs. The replacement price of industrial equipment is prohibitive for some companies. In many instances, they have to take out a loan to make the purchase. This is on top of the lost production time associated with it. PdM helps business owners evade this quandary.
– Profit margin – Properly functioning equipment lowers costs. This, combined with the increased revenue it brings, means it has a huge positive effect on profits. A business can’t survive without a good profit margin. Good PdM analysis provides just that.
A good PdM analysis professional will pay for themselves. The amount or money made will outweigh the cost of hiring an analyst. There a lot of exemplary companies, like Predictive Service, specializing in PdM Assessment. There are even consultants that judge your current PdM protocol to see if it is ideal for your business type.
Those that have executed this process have reaped the rewards. PdM is constantly changing, thanks to the constant advances in technology. As it grows, it will be available to businesses in an even wider variety of industries. It will be interesting to see where it goes in the future.
