Benefits of world-class maintenance effectiveness

Aug. 10, 2015

- Uptime – The holy grail of any investment in maintenance is consistent, reliable asset uptime.

- Better value for every maintenance dollar spent – Organizations get more done with the same dollars, driving relative maintenance costs down.

- Lower parts inventory and less purchasing waste – With good parts inventory tracking built into business processes, less cash has to be tied up in excess or obsolete inventory, and those emergency expedited – and expensive – shipments of critical parts become much less frequent.

- Capital project effectiveness – New equipment launches, upgrades, replacements and technology installations go smoother, get up and running faster and ultimately yield better returns.  

- Greater transparency – With a good program in place, everyone knows what the maintenance organization is responsible for, and how it is performing at any given time. Company management doesn’t have to wonder what its maintenance department has been up to or wonder whether maintenance dollars are being well-spent.

- Better managers and leaders – Maintenance leaders functioning within an effective performance program think more critically, approach their work more proactively and become experts in how to manage, rather than just reacting.

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