Predictive and Preventive Maintenance in a Declining Economy

In a declining economy saving operating expensesmanagement to manage work. Most importantly,
has become a priority for most firms. Predictiveit allows for the early identification of problems
and preventive maintenance although similar, areand significantly increases the life cycle of
two different tools used by facilities managers inequipment, lowers capital expenditure
order to save precious dollars. Both maintenancerequirements and allows for better planning of
systems help keep earnings (the bottom line)capital budgets. In addition, when integrated with
stable by avoiding costly repairs and maximizinghandheld technologies and a combination of asset
equipment up-time. Normally cutting expenses formanagement, work order management and
operations means fewer support staff, hiringinspections, work flow efficiencies are increased
freezes, and a repair versus replacementto maximum levels. The data collected through
strategy on equipment. But what happens whenthis method becomes the building block for
the forecast for low or declining sales does notpredictive maintenance.
improve or is mired in a deep recession?Predictive maintenance does have its benefits in a
A recent survey conducted by Facilities Plannersdifficult economy particularly because it can be
and Architects, Inc. of facility managers andless labor intensive than preventive maintenance.
business owners revealed intended reactions toPredictive maintenance programs are based upon
the current economic situation. The surveythe actual condition of the equipment and a
highlights are:determination of when maintenance should be
- Limiting capital expenditures to sustainabilityperformed to minimize costs. New technology
initiatives such as more efficient lighting systemstechniques such as ultrasound, infrared and
- More plans to reduce square footagevibration online testing make predictive
- Outsourcing non-core services such as janitorialmaintenance a viable alternative in certain
servicescircumstances. However, for most equipment the
- Assessing the condition of the facilities andcomplex metrics for making educated guesses is
better strategic planning of their useprovided by preventive programs.
- Initiating predictive maintenance programsThe goal of a facility manager or business owner
Obviously, it is always a good idea to watch youris to make sure equipment has the highest
expenses. The results echoes this and indicates apossible uptime and to extend the life cycle of the
long overdue desire to become more energyequipment as long as possible at the most
efficient, a focus on core responsibilities byreasonable economical cost. Some predictive
outsourcing non-core functions, a strategic look atmaintenance plans will require a capital investment
assets and the initiation of efficiency and savingsin higher technology sensing equipment but most
programs. The survey mentions predictivewill be built upon the foundation and metrics
maintenance as one of the most popular choicesprovided by an existing preventive maintenance
for cost saving solutions. It should be noted thatprogram. Facility managers should not rely on just
predictive maintenance is not the same asa predictive maintenance solution to save
preventive maintenance. Successful predictiveexpenses especially if dealing with high value
maintenance starts with preventive maintenance.equipment or if safety is at stake.
To better understand let us take a look at both.Tough times call for tough decisions as both
Predictive vs. Preventive Maintenance:maintenance programs have their place. The
Preventive maintenanceoccurs on asolution may be a combination of the two
pre-determined schedule and is intended tomaintenance programs or it may be dependent
increase efficiencies by reducing the amount ofon your industry, type of equipment and survival
reactive work and increasing the ability ofstrategy. What is your company going to do?