Are You Spending Too Much on Maintenance?

Maintenance is an important aspect of managing a facility, as proper execution ensures that all business processes in the facility will run smoothly. The cost of not performing maintenance or performing it poorly greatly outweighs the cost of performing it, so it is always something worth investing in. That being said, there is such a thing as spending too much on maintenance. If you suspect that you might be spending too much on maintenance, now is a good time to assess where your maintenance money is going and what you can do to bring costs down.

 

Preventative maintenance versus reactive maintenance

 

One of the most prominent costs of facility maintenance is that of reactive maintenance, the kind of maintenance performed when equipment needs to be repaired or replaced. Waiting until equipment breaks down or gets to the point of breakdown is costly in and of itself, but becomes even more costly when you consider the downtime that is often a result of equipment being unavailable. To reduce this cost, set up a preventative maintenance that performs regular checks and small updates over time to prevent emergency situations from happening. There is a small cost to this in the short term, but it pays off greatly in the long run.

 

Employing a maintenance staff versus outsourcing tasks and projects

 

Another major cost to facility maintenance lies in the keeping of a high maintenance staff. Not all businesses and facilities can sustain having full time employees on salary and therefore it is sometimes the better option to outsource maintenance tasks and projects. By only paying for services as needed, you can reduce the overall cost of maintenance. Of course, this should never be done at the cost of not having maintenance completed, which is why prudence and planning is important when considering this option.

 

If you are looking to set up a preventative maintenance plan or hire a maintenance company to assist with tasks and projects, we at MaintenX are here to help. To learn more about our expert facility maintenance services, please call us any time at (855) 751-0075.

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