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Pursuing Maintenance Program Success: Key Considerations for 2019

Pursuing Maintenance Program Success: Key Considerations for 2019

As 2019 approaches, it is worth examining your maintenance program to ensure that essential elements for success are in place. Many organizations will continue with many of the directives that they have already started. Others will see opportunities to embark on new initiatives, adopt innovative tools or embrace industry trends that can take their maintenance performance to the next level.

What should the perfect maintenance program look like? There is no single answer to this question, but we can start by considering some of the common challenges that drive maintenance program needs.

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Are Manufacturers Solving the Unplanned Downtime Challenge?

Unplanned downtime has always been one of the biggest challenges for manufacturing maintenance organizations. Recent studies indicate that unplanned downtime costs industrial manufacturers an estimated $50 billion each year. “The cost of unplanned downtime can be devastating, ranging from an estimated $10,000 to $250,000 per hour for industrial plants.1

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