Maintenance cost saving opportunities
In this collection of blog posts, our team of experts share insights and advice around saving money and improving efficiencies in the world of maintenance management.Get in touch
The biggest cost saving initiatives for maintenance teams
To use maintenance and materials management as a mechanism for saving money, we need to strike the perfect balance between cost cutting and risk mitigation - where maintenance and materials can be streamlined to gain efficiencies and reduce costs, but integrity and production are not compromised.
Ed Galyen, Senior Consultant
How to save money and reduce risk with limited budget and resources
Poor data quality and lack of completeness can have significant impacts on OPEX costs, safety and asset uptime. In relation to the financial impacts, IBM estimates that “bad data” costs the US economy a staggering $3.1 trillion per year.
How to optimize your maintenance with routing, sequencing and packaging
Routing, sequencing and packaging can make maintenance execution much more efficient, improving plant and system availability, maintenance team productivity as well as safety.
Jerry Chen, Senior Consultant
5 Tips for preventing unplanned downtime
When production has to cease unexpectedly because of a broken part or safety issue, time needs to be urgently spent to identify the problem, fix it, and ensure there are no ancillary issues before restarting. This is highly disruptive and costly, and maintenance teams are therefore always striving to avoid unexpected failures or breakdowns.
5 Tips for maintenance managers who want to reduce OPEX expenditure
As consultants, we often see generic planned maintenance strategies that are not fit for purpose, being applied across asset equipment. This results in inefficient and ineffective maintenance being executed, which wastes time, money and can also induce failure.