Repair: repairs are best undertaken by experienced maintenance personnel with a thorough knowledge of the equipment, as they will be able to advise the most cost-effective solutions. Further inspections are best carried out by skilled maintenance personnel at scheduled services to identify any pending issues. Arguably the most important of these is the equipment operator’s daily pre-start inspection. Inspect: inspections (by experienced and observant personnel) can prevent breakdowns. Doing so will prolong service life and reduce running costs If lubrication is inadequate, damage will be almost instantaneous, and it can dramatically reduce the equipment’s operating life.Īdjust: it’s vital to maintain adjustment of components within manufacturer specifications. However, it remains critical to keeping your equipment in good condition. Lubricate: most modern equipment no longer requires continuous lubrication. It’s a simple, low-cost practice that also presents your business to clients in a positive light. Aiming to achieve the lowest cost per hour over the entire life of the asset should enable you to make a long term view of expenditure.Ĭlean: it’s easier to identify potential faults on clean equipment (and it’s less likely to catch fire or break down. Trying to minimise maintenance costs will most likely result in higher Total cost in Ownership (TCO). Managing maintenance costs is vital to your long-term success. Resetting to a ‘cost per hour’ format enables you to have a deeper understanding. Skimping on maintenance can lead to unpre-dictable failures and revenue losses.Ĭosts are incurred as the equipment wears. Maintenance is an investment, not a cost. ![]() It’s essentially just a mixture of those two functions.” “Maintenance is a way to maintain a certain function of an asset whilst also maximising the residual value of the asset. ![]() ![]() If a vehicle or other equipment is unusable, it can’t generate revenue it’s a cost.” NTI’s Mobile Plant & Equipment Risk Engineer, Hayden Reed, says “maximising ROI depends strongly on good maintenance. It saves time and money by minimising downtime and ensuring reliable service to staff, customers and consumers. It maximises capital expenditure and return on investment (ROI). The key to keeping your plant and equipment in good working order is an effective maintenance schedule. WHY MAINTENANCE MATTERS WITH A CLAIR AND SIMPLE SYSTEM FOR MAKING IT WORK. Further, all your equipment must be in good working order so operators can complete their tasks without breakdowns or other complications. Every business needs its equipment to be available for use whenever required.
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