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Maximizing Asset Life: 3 Smart Ways to Improve Preventive Maintenance

Maximizing Asset Life: 3 Smart Ways to Improve Your Preventive Maintenance Program

It's never the wrong time to emphasize the importance of family and community disaster planning. Amid the changing seasons and the continued response to COVID-19, it's an ideal time to evaluate and enhance your organization's preventive maintenance program for all facilities.

Introduction: Importance of Preventive Maintenance for Optimal Physical Asset Operations 

  • Perfect time to evaluate and enhance preventive maintenance programs for all facilities.
  • Three Tips to improve preventive maintenance program.

Preventative maintenance ensures the optimal operational condition of valuable physical assets. This involves regular inspections to detect and correct defaults and repair deficiencies before a breakdown occurs. Read on to discover three smart tips for easily improving your preventive maintenance program.

Section 1: Assess the Current Program

  • Evaluate the strengths and weaknesses of the current preventive maintenance program.
  • Consider preventative maintenance and work procedures, equipment history, inventory, and maintenance costs.

Assess Your Current Program: Before implementing any new facility capital planning software, evaluate the strengths and weaknesses of your current preventative maintenance program. Consider preventive maintenance and work procedures, equipment history, inventory, and maintenance costs.

Section 2: Plan, Measure, and Track

  • Set benchmarks and Key Performance Indicators (KPIs) to measure maintenance performance and determine results.
  • Develop performance measures for the preventive maintenance program, focusing on measuring the amount of preventative maintenance work completed versus all other work.
  • Use KPIs to track and measure essential items such as time between failure, PM schedule compliance, and unplanned maintenance.
  • Analyze KPIs throughout the year to continually make improvements.

Plan, Measure, and Track: Facilities teams must set benchmarks and Key Performance Indicators (KPIs) to measure maintenance performance and determine results. Next, develop performance measures for your preventive maintenance program, focusing on measuring the amount of preventative maintenance work completed versus all other work. Then use the set KPIs to efficiently track and measure essential items in every department, such as time between failure, PM schedule compliance, and unplanned maintenance. Finally, analyze these KPIs throughout the year to continually make improvements.

Section 3: Be Data-Driven

  • Integrate tools to obtain accurate data from physical assets.
  • Collect and analyze data in CMMS alongside other available information to gain insights.
  • Data can help facility managers determine the best approach to motivating supervisors and technicians to stay on track with a high-functioning preventive maintenance program.

Be Data-Driven: Integrate tools into your program to obtain accurate data from your physical assets. Collect and analyze this data in your CMMS alongside other available information to gain powerful insights. Data can help facility managers determine the best approach to motivating supervisors and technicians to stay on track with a high-functioning preventive maintenance program.

Conclusion: Preventive Maintenance Saves Money

  • A preventive maintenance program is less expensive than unplanned interventions and can extend asset life.
  • Schedule a demo to learn more about Intellis software and how it can improve your preventive maintenance program.

Preventive Maintenance Saves Money: A preventive maintenance program is a proven strategy far less expensive than unplanned interventions. A successful preventive maintenance program can extend the life of valuable physical assets by predicting failures. Preventive replacement before failure is far more cost-efficient than waiting for the potential consequences of a service failure. If you want to make your job easier, schedule a discovery call with our experts to learn how our Intellis software can improve your preventive maintenance program.

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Schedule a demo today with our experts to learn how Intellis software improves preventive maintenance leading to accurate capital plan investment.

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