Factory machinery works hard to produce high-quality products, but this makes them susceptible to faster wear and more frequent breakdowns, which costs money to repair/replace. To avoid these problems and extend the machinery’s life, it’s essential to carry out regular maintenance. You will find more benefits below.
Saving Money
Regular machine maintenance will cost money, but it won’t be anything compared to the cost of a full replacement. As well as the cost of replacing or repairing the machine, having key machinery out of action will bring your production line to a grinding halt, which will delay order deadlines and cause you to lose revenue.
Part of Quality Assurance
Quality assurance (QA) is there to make sure customers receive high-quality products and services. Tasks that make up QA are entwined with general business operations, including machine operations. Machines require daily, weekly, and monthly maintenance to ensure that they’re working at 100% all of the time. If you cut corners when it comes to your maintenance regime, you will begin producing defective products, which may cause injuries.
Extend the Machine’s Life
Many machine components will deteriorate over time. If left unchecked, even seemingly small issues will cause large malfunctions, which will cost a fortune to replace. To get more out of your initial machine investment, carry out regular maintenance and protect the original parts. Wear prevention tasks include proper lubrication and thorough cleaning.
Meet Necessary Regulations
Federal and state regulations outline the extent to which machinery must be maintained. If you fail to follow these rules, you may face government sanctions, which can include being closed down or fined. To prove that you are adhering to regulations, you will need to provide proof. To do this, we recommend creating maintenance checklists, putting together an inventory, and recording all instances of staff training.
Reduces Energy Consumption
In 2023, businesses must strive to be sustainable and have a clear plan for how they will achieve this. When your machinery is not properly maintained, it has to work harder and will consume more energy. Therefore, as part of your sustainability efforts, we recommend including regular machinery maintenance.
Improve Sale Value
Your production methods will likely evolve over time, and you will have no need for old equipment. To increase liquidity within your business, you can sell unwanted machinery. However, if you haven’t got accurate maintenance records, you will likely have to accept a reduced offer.
Avoid Workplace Accidents
Faulty machinery will eventually lead to accidents, which will cost your business a fortune and will likely harm your reputation. Implementing a thorough maintenance regime will help to avoid unnecessary workplace accidents. The very last thing your business needs is a faulty equipment lawsuit from high-quality lawyers.
Faulty machinery is dangerous for your employees and your customers, especially if you are churning out defective products. As you can see, keeping up with machinery maintenance will help to reduce costs, avoid workplace accidents, follow regulations, and extend the machine’s life.