An Overview of Preventive Maintenance Plans (PMs)

Introduction to Preventive Maintenance Plans

Assets are an important factor in every organization due to which they opt for effective maintenance plans. When unreliable equipment results in poor production quality and malfunctioning, it causes expensive repair costs due to which it is necessary to adopt a systematic preventive maintenance plan. Moreover, for a company to flourish with excellence, it is important to highly prioritize its assets, through an extensive maintenance plan, which assists in effective routine maintenance.

What is Preventive Maintenance?

Preventive maintenance is a type of maintenance activity, which sets forth effective strategies to avoid unscheduled downtime of an asset. This type of maintenance activity effectively performs a task as per the scheduled timeline, which in return reduces the risk of asset failure and expensive unscheduled downtime. However, maintenance activity should be performed apart from the regular working hours of the asset to not interrupt ongoing activities.

Preventive maintenance massively contributes to enhancing asset safety. Organizations such as Occupational Safety & Health Administration (OSHA) strictly value the policy standards set. Moreover, when we talk about preventive maintenance, it is known as an overhead cost, which is valuable yet difficult to understand at times. It is paramount to undertake and implement strategies that comprehend progressive maintenance. PM activity can smoothly be executed by generating effective and systematic Preventive Maintenance Plans. The utmost goal of such balanced plans will be to reduce maintenance costs and protect organizational assets accordingly.

Key Benefits of Preventive Maintenance

  • Extension of asset lifetime
  • Reduce injury risk and enhance overall safety
  • Optimize maintenance planning and resource budgeting
  • Enhance the longevity of expensive assets
  • Encourage inexpensive repairs
  • Formulate escalated profits with reduced downtime
  • Elevate the company’s productivity

Preventive Maintenance

Five Essential Key Points to Keep In Mind While Implementing Preventive Maintenance Plans

  1. Set specific objectives for an effective maintenance plan
  2. Choose relative critical assets
  3. Generate a preventive maintenance checklist
  4. Draft out a maintenance activity schedule to be further executed
  5. Execute the schedules of preventive maintenance plans, through a computerized maintenance management system (CMMS).

Importance of Preventive Maintenance Plans

It is critical to keep in mind how often you need to maintain your automated asset/equipment when developing a preventative maintenance plan. Maintenance will be required more frequently for a piece of equipment that runs continuously rather than one that operates during scheduled shifts or at varying hours.

The Following Key Elements Will Assist In Scheduling Optimized Routine Maintenance:

  • Asset/equipment movement per time
  • Monitor accurately with efficient visionary cameras
  • Thoroughly check equipment alignment and factors associated
  • Carefully analyze the system process
  • Check how readily equipment parts are available
  • Train your team accordingly
  • Identify and analyze the timeline required to maintain your asset when developing a preventative maintenance plan.

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