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 How to Develop an Effective Maintenance Plan for Your Automotive Facility

Preventive maintenance increases overall equipment effectiveness by up to 20% and reduces maintenance costs by 10 to 40%, according to research by McKinsey & Company. [1] However, is preventive maintenance effective for an automotive facility?  A multinational company in the automotive industry created and implemented a model for the management of spare parts linked to…

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Heavy Equipment Maintenance Checklist (+ Downloadable Template)

Heavy equipment is costly, and running it at peak performance for extended periods requires regular maintenance. A preventive maintenance program is one of the best ways to ensure heavy equipment remains safe and reliable. Further, an advanced Computerized Maintenance Management System (CMMS) can help optimize your management efforts.  This article will introduce the fundamentals of…

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How to Create an Effective Machine Maintenance Schedule

Manufacturing is an industry where every minute counts. This means even the slightest delay can take heavy financial hits. That’s why downtime, a phase when production stops completely, is every manufacturer’s worst nightmare.  It brings a host of problems. And the impact of this is serious. Safety gets compromised, revenue takes a toll, machines need…

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How to Cut Down Manufacturing Downtime and Improve Efficiency

Factories lose 5% to 20% of their productive capacity during downtime. [1] So, if you’re experiencing more frequent and long-lasting downtime, then you’re most likely suffering more productivity and financial losses. Plus, frequent downtime leads to increased employee psychological stress at best, or worse, you might be sued for constantly putting their lives in danger.…

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What Is CMMS Software? A Complete Guide

what is cmms software

In today’s asset-intensive industrial environment, efficiency and strategic foresight stand at the forefront of operational success. The challenge of maintaining functional integrity across a wide array of assets, from HVAC units to essential machinery, demands more than a standard maintenance strategy. Reactive approaches that rely on spreadsheets and manual logs are increasingly inadequate in meeting…

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Equipment Depreciation: What You Need to Know

Bar chart graph displaying equipment depreciation

Calculating equipment depreciation is a priority for many businesses. Whether you’re planning to invest in new equipment or considering the retirement of older assets, it’s essential to monitor both your equipment’s depreciation rates, maintenance history, and real-time performance.  This blog will review the most common methods for calculating depreciation, providing insights into this important process.…

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