Predictive Maintenance & How to Improve It

PESTLEanalysis Team
PESTLEanalysis Team
Table of Contents
Table of Contents

Taking a closer look at the advantages of adopting predictable maintenance technology and using high-quality fasteners, grommets and seals.

In manufacturing, unexpected breakdowns can have a devastating effect on a company's bottom line due to lost production, delayed shipments and more. That's why it's important to adopt predictable maintenance technology and use high-quality fasteners, grommets and seals, because it can improve maintenance and supply chain predictability. 

Let's take a closer look at the advantages of adopting predictable maintenance technology, then we'll discuss the advantages of using high-quality fasteners, grommets and seals.

Benefits of Adopting Predictable Maintenance

Predictive maintenance is a proactive maintenance strategy that helps you avoid equipment failure. With predictive maintenance, you're essentially trying to predict when your equipment might need maintenance before it fails. Predictive maintenance is better than reactive maintenance (the bare minimum) and preventive maintenance.

1. Extends the Lifecycle of Equipment

If you want your equipment to continue working as it should, adopting a predictable maintenance schedule should be at the top of your to-do list. That means using diagnostics and analytics to cut down on lifecycle costs. Predictive maintenance uses data-driven technology that helps boost production.

2. Reduces Operational Costs and Improves Your Bottom Line

Using predictive maintenance can help you cut operational costs and improve your bottom line by helping you avoid costly repairs or replacing an entire failed machine. By cutting down the amount of time you spend on maintenance work, you can keep operational costs low. Doing maintenance only when you need to helps you avoid wasting too much time doing unnecessary maintenance.

3. Minimizes Planned Downtime

If you ever have to take one of your machines out of commission temporarily, having a predictive maintenance plan allows you to reduce the amount of time your machine has to stay out of commission. Since you've already done the legwork, you won't have to waste more time on upgrades and repairs to your machines.

Advantages of Using High-Quality Fasteners, Grommets and Seals

Using high-quality fasteners, grommets and seals mean a lower chance of equipment failure. It also means fewer interruptions in the supply chain. If everything's running like one well-oiled machine, you continue to make money and avoid pitfalls (like equipment breaking) that could potentially harm your bottom line. Some of the advantages of using high-quality fasteners, grommets and seals include:

  • Positive effect on reliability
  • Protects rough and sharp edges of metal objects better
  • Minimizes the risk of equipment failure
  • Ensures there are no issues with your supply chain

Taking these small parts seriously and not for granted is essential if you want your machinery to continue operating at optimum performance levels.

What to Do Before You Establish a Predictive Maintenance Program

Before you attempt to establish a predictive maintenance program of your own, there are a few things you should do, which includes:

  • Evaluating the need and equipment history
  • Thinking about the existing preventive or predictive maintenance
  • Reviewing all of the records you have about losses, equipment defects, downtime and more
  • Doing an inventory and appraising the current equipment conditions
  • Deciding which of your systems to include and what to inspect for

You'll also have to do things like organize the program and integrate it into the scheduling system, evaluate the anticipated resources, assign personnel roles and responsibilities, and establish definitions and concepts.

Considering Predictive Maintenance

Now that you have a better understanding of predictive maintenance and how to improve it, you can start using it to extend the life cycles of your equipment and prevent potential failures. Despite how long it takes to implement predictable maintenance, it's well worth it in the long run because you'll be able to extend the lifecycle of your equipment, reduce operational costs and minimize downtime.

Great! Next, complete checkout for full access to PESTLE Analysis
Welcome back! You've successfully signed in
You've successfully subscribed to PESTLE Analysis
Success! Your account is fully activated, you now have access to all content
Success! Your billing info has been updated
Your billing was not updated