What are the benefits of predictive maintenance?
How well you maintain your operating equipment has a tremendous impact on upkeep expenditures and how smooth the business runs. Predictive maintenance is one of the most efficient ways to monitor the health of equipment, but also requires spending money that not every business has on hand.TypesMost of the benefits of using predictive maintenance are cost savings or producing a better quality product or work environment, reports the U.S. Department of Energy. Predictive maintenance usually solves problems before equipment breaks, increasing equipment lifespan and reducing work stoppage.MisconceptionsPredictive maintenance and preventative maintenance are not the same thing, reports the U.S. DOE. Preventative maintenance adheres to a strict schedule, such as changing tires every 10,000 miles.DisadvantagesWhile predictive maintenance has several benefits that appear over the long term, implementing a predictive program requires investing capital in new equipment to evaluate problems (usua