Machine maintenance can be both time-consuming and costly. How can you maintain your competitive advantage while maximizing your return on investment (ROI)? This is a synopsis of technology advancements and management methods targeted at reducing maintenance and downtime.
The maintenance, repair, and operations business is predicted to be valued $701.3 billion by 2026. This large investment is the result of a number of enterprises operating in industrial environments. Old, worn parts and components are typically the cause of unplanned downtime. According to maintenance professionals, mechanical failure, operator error, a lack of time for routine maintenance, and poor design are all causes that might cause equipment downtime.
Maintenance management is a difficult job. Standard equipment’s longevity and performance can be prolonged by using the right tools for the job, embracing new technologies, and upgrading to low- to no-maintenance components.
Check out the infographic below to learn more about how to avoid unplanned downtime.