Predictive Maintenance Checklist

Predictive maintenance (PdM) is a proactive maintenance approach known for its ability to optimize maintenance and asset management operations, reduce downtime, improve machine performance, reduce costs, and enable data-driven decision-making. However, before you can reap the benefits, you must successfully integrate predictive maintenance into your facility's process structure, which will require an upfront investment in equipment, software, personnel training, and stakeholder buy-in. Nevertheless, predictive maintenance will deliver the results you hoped for with a well-planned implementation project combined with ongoing training, monitoring, and management. For those implementing or upgrading PdM strategies, this article provides key recommendations for developing a comprehensive...

Predictive Maintenance in Manufacturing: The Ultimate Guide

If your current maintenance strategy relies heavily on guesswork, your company could find itself unprepared to deal with unexpected machine failures and expensive repairs. If you’re managing mission-critical equipment, reducing the number of unknowns involved in maintenance planning and budgeting is essential, especially when guesswork and uncertainty can expose you to increased financial and operational risks.  This is where being proactive can make all the difference. Predictive Maintenance (PdM) is a type of condition-based monitoring (CBM) that monitors and diagnoses mechanical failures using machine-level sensors, Internet of Things (IoT) technology, and advanced data analytics. PdM can detect early signs of...

9 MRO Storeroom Best Practices

Male worker maintaining record on clipboard in warehouse
A maintenance, repair, and operations (MRO) storeroom houses critical parts and tools used in the operation and maintenance of critical equipment. An efficient MRO storeroom is clean and optimally organized, which helps companies reduce waste, lower costs, and shorten maintenance cycles and repair times.   Today we will discuss a variety of MRO storeroom best practices to increase efficiency, optimize the total cost of your storeroom, and keep your assets and equipment up and running. 9 MRO Storeroom Best Practices For Optimization The following MRO storeroom best practices are designed to help you streamline your processes and improve the cost-efficiency of...

CMMS vs. EAM: What’s the Difference?

A person working on a tablet with asset management written on the screen.
The difference between computerized maintenance management systems (CMMS) software and enterprise asset management (EAM) software can sometimes be difficult to parse, as there is a significant overlap between the two.  The main difference is in scope and functionality—CMMS is focused on maintenance operations, while EAM covers a broader range of asset management activities, including procurement, disposal, and financial management. This article will explore the differences and overlaps between these two software solutions to help you narrow down the best options for your organization.  What Is CMMS? A Computerized Maintenance Management System (CMMS) is a specialized software solution that assists businesses...

The Importance of Predictive Maintenance Anomaly Detection

A maintenance technician evaluating predictive maintenance anomaly detection
Outdated and inefficient maintenance strategies can reduce machine productivity and lead to increased downtime. Unfortunately, planned and unplanned maintenance downtime can cause significant financial loss. Next-generation predictive maintenance anomaly detection can improve a company’s maintenance strategies and asset availability.  Anomaly detection is central to predictive maintenance. Its primary goal is detecting anomalies in working equipment early on and alerting facility management to perform necessary maintenance. Predictive maintenance provides several benefits, including allowing companies to extend the useful life of their assets, avoid unplanned downtime, and reduce planned downtime.  Today we will discuss why anomaly detection is a core function of...

Facilities Management Improvement Strategies To Create Optimal Productivity

Male and female plant managers discuss facilities management improvement strategies
Facility managers are always on the lookout for new ways to increase productivity and efficiency. They need to be quick to adopt new solutions that result in better and more efficient facility management services. The ability to automate and optimize workflows and enable real-time data sharing and more efficient resource utilization is proving to be pivotal in their adoption of new, innovative technology. Today we will look at several facility management improvement strategies and technologies to increase productivity, such as automation, renewable energy sources, smart technologies, and predictive maintenance (PdM) models. We will also explain why PdM is one of...

Predictive Maintenance Cost Savings: Reduce Your Maintenance Costs

Chief engineer discusses predictive maintenance cost savings.
The manufacturing industry is facing new challenges due to a combination of economic forces, labor shortages, disruptions caused by advanced technologies, and rising competitive and regulatory standards. Implementing a cost-effective predictive maintenance model can be the difference between a company staying competitive or falling behind. Maintenance and engineering managers can benefit from using a predictive maintenance (PdM) model in several ways, including avoiding costly asset breakdowns, unplanned downtime, and overdoing preventative maintenance, which can lead to increased operational costs and decreased productivity. Today, we will discuss the predictive maintenance cost savings to be expected from implementing LLumin’s powerful and competitively...

Top Predictive Maintenance Software Companies

A graphic of three people holding up the words predictive maintenance, all from different predictive maintenance companies.
Predictive maintenance companies are essential pillars of Industry 4.0—a new stage of the manufacturing industry built on intelligent solutions and automation. Still, these technologies only became a practical reality a decade ago. We are still seeing new players emerging within the predictive maintenance scene—leaders, laggards, and those in between. Predictive maintenance integrates hardware and software, creating an intelligent facility, one that is proactive rather than reactive. Because predictive maintenance companies are innovative, transformative, and newly emergent, finding the right solution for your organization will require research. What Are Predictive Maintenance Companies and Why Are They So Popular? "In the environment...

Predictive Maintenance Best Practices

Predictive maintenance with words written around it that are predictive maintenance best practices.
Moving to a predictive maintenance (PdM) approach can appear complex and costly, but it does not have to be. A step-by-step strategy combined with the correct software solution can make this a simple procedure that yields tremendous rewards. However, it is critical that you do not seek to transform your whole maintenance model into a predictive maintenance operation all at once. If you're just starting, running a pilot focused on one department or work cell, especially one that consists of business-critical machinery and equipment, is crucial. Then, based on the initial trial results, you will be able to adjust your...

The Top Benefits of Predictive Maintenance

A man looking at a tablet on a rooftop at an industrial facility. The benefits of predictive maintenance include data that makes it easier for technicians to complete their jobs efficiently.
Updated on June 13, 2023 A decade ago, predictive maintenance was relegated to only the most advanced global enterprises. Today, advancements in cloud computing, sensor-driven technologies, and high-speed networks have made predictive maintenance accessible to everyone. Still, McKinsey notes that many organizations are faltering regarding implementation.Let’s discuss some of the top benefits of predictive maintenance and what keeps companies from reaping the benefits. What Is Predictive Maintenance and How Does It Work? Predictive maintenance uses data gathered from sensors, algorithms, and historical data to anticipate equipment failures. By analyzing past performance and trends, predictive maintenance can help you proactively schedule...