All businesses require some form of maintenance. It varies from changing a light bulb, greasing a pump, cleaning of spaces, to fixing machinery on the production line. Maintenance can heavily affect operating cost of any organization. Although it usually takes quite significant financial toll towards an organization, the criticality of having a good maintenance system couldn't be stressed enough.
Chaos or Order?
Historically, maintenance was carried out using a reactive approach. These might have been the best way to operate your organization a few decades ago. However, the reality is that we live in a fast paced industrial world where a lot of factors came into play in deciding success of a company. Recent study shows that approaching maintenance requirement of your organization with an old school mindset of " why fix something that's not broken " could significantly increase operational expenses.
Recent study done by R.J. Hudachek and V.R. Dodd, ASME shows that having a planned maintenance system can reduce cost by up to 30% compared to reactive maintenance approach. The same study also shows that predictive maintenance can be 40% more cost effective than periodic preventive maintenance. But how can a seemingly simple change in approach cause such a big financial gain? It all boils down to one simple conclusion. Efficiency.
All for-profit organization will have to ensure that they are providing services or goods continuously. Any disruption to the process will drive down their efficiency. In order to ensure highest possible efficiency, minimum disruption to the process is required. Using a reactive approach to maintenance is highly chaotic in nature. For starters, no one can predict when the failure will occur. This uncertainty will make it difficult for any sort of planning whether it be for spare parts, worker scheduling or other operational requirements.
Having a planned maintenance system ensures that you can resource material or parts just in time rather than having high inventory stores. It can also help you manage your workforce in a safe and efficient manner by planning operational requirement for every occasion. By having these systematic approach, you can ensure that downtime of your process is kept to minimum. All of these translates directly to financial gain.
Other Benefits of Maintenance Management System
For obvious reasons, financial aspect will play the biggest role in adopting any new idea for an organization. Nonetheless, there are still various other benefits that can be obtained through implementation of Maintenance Management System.
Improves equipment efficiency
Equipment such as HVAC systems, fryers, paint sprayers, and other items benefits from regular maintenance. Clean and well-maintained systems work better. They save money by using less energy. They can do more in less time than dirty, worn out equipment.
An unexpected equipment breakdown can seriously derail scheduled production days. Shifting order production to other equipment or having equipment stand idle while waiting for service and repair decreases productivity. Planned maintenance can reduce such issues to a minimum by addressing problems and maintenance needs before they become critical.
Adherence to local and international regulations
Some authorities have mandated certain type of maintenance requirement to ensure safety at workplace. Non compliance to these regulations will not only cause an organization significant fines, but also leave them with a damaged reputation resulting in customer loss and difficulty in hiring high quality workforce.
Choosing a Computerized Maintenance Management System (CMMS)
Selecting and implementing an effective CMMS requires consideration of various requirement, technological or even legislative factors.
Although there are various CMMS software available, modernizing these softwares are extremely important. Many company have yet to move past legacy systems and spreadsheet especially for critical enterprise assets management like work scheduling, maintenance decision and repair order managemnet. At Magnus Code we pride ourselves in providing you with reliable, secure and technologically advance CMMS solution. Our product can be customised to the needs of your organization. Our solution using software as a service (Saas) brings major advantage to any organization aspiring to improve their standing.
Hosted in the cloud, Magnus Code offers the flexibility to expand and contract with data demands. Users benefit by only paying for the data resources they need, rather than committing large initial investments to ensure there is capacity to handle the growing influx of data from IoT instrumentation — virtually eliminating hardware costs.
Our deployment of latest technology help with staffing and resource challenges because it requires far less intervention and support from IT than on-premises deployments. CMMS engineers, CMMS administrators and technical teams in the field can manage the system largely on their own. As a result, capital expenses related to IT can be converted into operational expenses and resources.
By modernizing your system through Magnus Code,you can intergrate technology faster with less risk and enables you to find new insights and operating models for competitive advantage.