The Role of Planned Maintenance in Your Organisation
When you invest in the purchase of costly hardware, you’ll usually be offered a Planned Maintenance package. It can be tempting to refuse the offer since the machines are brand new, but it’s wise to at least take a look because it could spare a lot of inconvenience and expense down the track.
Is it worth the cost?
Unless you have personnel on board who are trained in the upkeep of the specific machines, there is actually great value in these programs. Regular, systematic inspections of equipment can identify potential issues before they result in minor or major failure. Planned Maintenance programs include scheduled service calls and because they occur while the machines are fully functional, they prevent unexpected and potentially hazardous, inconvenient or costly breakdowns.
Typically, a Planned Maintenance program will entitle you to regular service calls, coverage for repairs and parts replacement, lubricant replacement and sometimes, upgrades. You may be offered a range of options starting from a ‘basic’ package through to more comprehensive products. Some packages even include operator training to ensure that the machines are being used properly, and this training can help operators to get more out of them by understanding additional functionality.
Why is Planned Maintenance important?
Keeping your machinery in fully functional condition is critical to the smooth operations of your business. A Planned Maintenance package helps to:
- reduce the necessity for more expensive repairs following an unexpected breakdown;
- minimise the issue of costly, unplanned downtime when machines fail;
- ensure greater longevity of the equipment; and
- keeps parts in fully functional order, improving reliability.
Why your company accountant will be happy
Aside from the cost savings mentioned above, a Planned Maintenance package comes at a fee that can be predictably considered in the budget. That means no unexpected cost blowouts from failed machinery that hasn’t been properly maintained. Further, when properly looked after, the equipment – which represents a significant capital investment – will last longer, reducing the cost of ownership long term. Packages often include discounted prices for parts and labour too when the need does arise.