In any company, it is important to protect your investment by ensuring smooth business operations that results to higher productivity. Therefore, there should be certain procedures set in place to prevent failure and negative impact on your business. This is precisely the reason to implement predictive maintenance.
Predictive Maintenance Overview
Primarily, expenses on maintenance account for a vast percentage of most company’s operating budget. To avoid massive maintenance costs, it is ideal to develop a smarter approach that can detect the possibility of system failure before it happens. This is particularly true during the winter where harsh climates significantly impact various industry operations.
During winter season, for instance, power requirements are at their peak for several industries. The reason for this is a constant need to keep all buildings warm while ensuring proper operations of their assets. Considering how most facilities struggle with reducing power consumption to minimize expenses, predictive maintenance does have its place in today’s economic environment.
Primarily, predictive maintenance is based on the concept that it is more practical to take a proactive approach instead of relying on a reactive strategy. In this case, staff members of sensors monitor any piece of equipment’s vital operating systems or parameters. These components are observed and evaluated regularly, and the readings obtained are analyzed to predict the possibility of failure of potential future performance.
The idea is that the equipment determines the type of maintenance performed. Hence, repairs are done at the right time, and there is no wastage on resources due to unnecessary work. This also results to improved performance of the equipment for a longer period of time.
As the colder months approach, in particular, maintenance is quite essential considering the expected increase in energy consumption by most businesses. By implementing predictive maintenance, you can expect a significant reduction in terms of maintenance costs, fewer breakdowns, increase in production, minimum downtime, and higher returns on your investment.
You may opt to conduct maintenance programs in-house, although you have to realize that a particular budget may be required in training additional personnel in charge of maintenance work. Furthermore, there is a need to allocate the right amount of staff with technical expertise. These individuals will be tasked to monitor and analyze data while comparing the details obtained against the expected performance standards provided by the manufacturer.
Predictive Maintenance During the Winter Months
There are various reasons why maintenance is necessary at any time of the year, specifically during winter. These reasons include the following:
- Save Energy
When the equipment functions at its optimum rate, this can yield to maximum energy efficiency. With this in mind, energy consumption becomes minimal, which can have a positive impact to your company’s budget over time.
- Prevent unexpected downtime.
Downtime can have a costly impact to your business, particularly frequent and unexpected downtime. When this happens, production is shut down, which leads to unplanned labor expenses and the need for emergency capital-asset replacement. If this happens too often in your company, you can greatly minimize the profitability of your business. This means, predictive maintenance is an essential component to your company’s success as it prevents unplanned downtime.
- Identify potential problems in advance.
There are several issues that may arise in electric motors including loose connection that leads to power fluctuations, certain components such as motors, wires and bearings running hot, or discoloration and unusual smells. Predictive maintenance involves the use of vibration analysis, laser alignment, general maintenance and infrared thermography that are all beneficial in preventing asset failure.
Overall, predictive maintenance must be implemented all year round, considering how important it is in ensuring proper business operations and productivity. In winter, most specifically, the intense cold climate can contribute to machine failure and electrical problems. By applying constant maintenance approach on electric motors and equipment, this can significantly minimize the amount of equipment that require premature replacement or repair due to electrical concerns.
Most importantly, predictive maintenance is necessary to ensure safety in the workplace at all times. After all, prevention of injuries, accidents or death in the company is worth every dollar you allot for regular maintenance of equipment. When everything in the company is running smoothly, you can protect your assets, continue growing your business, and reap maximum profits over time.