The benefits of improved maintenance are staggering. Maintenance improvements will affect plant margin and the bottom line, while improving many other areas with in the plant.
Some of the benefits of improved maintenance are:
Financial
Increase plant profit margin
Optimize machinery life
Reduce operating capital and expenses
Reduce labor cost
Reduce overtime cost
Enable better ROI information for projects and maintenance program upgrades
Documentation
Improve documentation management and access
Improve history collection for machinery
Reduce duplicate or inaccurate data retrieval and reporting
Human Resources
Improve maintenance labor efficiencies
Reduce labor conflict
Improve plant morale
Reduce absenteeism
Reduce “firefighting”
Improve plant communications
Improve employee self esteem
Improve maintenance and operational cooperation
Reduce stress
Improve cohesive plant-wide cooperative spirit
Planning and Scheduling
Reduce reactive maintenance and increase proactive maintenance
Improve planning and scheduling
Increase maintenance tool time with the current work force
Production
Improve product quality
Optimize production rates
Reliability
Increase plant machinery reliability for consistent operations
Reduce downtime by the right PM at the right frequency
Safety
Reduce safety incidents
Reduce OSHA enforced corrections and fines
Materials Management
Reduce machinery parts cost
Reduce wasted time looking for parts and tools for projects
Reduce cost through best purchasing practices
Training Program
Improve maintenance professionalism
Improve maintenance knowledge and skills
Reduce lost knowledge from retirees or employees leaving
Improve quality of maintenance
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