For any business or a manufacturing company, ensuring all factors of production such a human resources and machinery are in perfect condition is key to reducing idle time.
To minimize the downtime that occurs when essential machines break down, you must keep a record of machine maintenance. This way, you can track when the equipment should go for scheduled maintenance. You can also tell when you have to buy equipment parts from Kor-Pak to fix your machines.
In this article, we highlighted some of the benefits of staying up to date with equipment maintenance.
1. Reduce the cost of repair
For heavy machinery, it can cost your business a lot of money to fix some parts. Since the equipment is prone to tear and wear, monitoring its maintenance can help you respond to any damage to the machine at the right time.
You can identify all the small issues on the machine and have them fixed before they turn out an as big problem that may cost a lot to fix.
2. It helps in creating a unique maintenance program
Every machine has its unique features and working conditions. That means they respond differently to tear and wear. By keeping a scheduled or unscheduled maintenance record, you can easily track and record the unique differences for each machine at your facility.
This way, you can come up with a specific maintenance program customized for equipment in your fleet.
3. It supports a warranty claim
Most equipment comes with a warranty clause. However, most manufacturers are not willing to replace equipment if you cannot show a detailed maintenance record. By documenting all repairs done on the machine, you make it easier to process your warranty in case of breakdown.
Your rights for the equipment warranty are only valid if you keep a solid maintenance record. In your document, you must include the date and time when each repair is done on the equipment.
4. Improves accountability
If you are having accountability issues with your machine operators, then keeping an equipment record can help you a lot. You can quickly tell who is responsible for damages inflicted on the equipment if you keep a record of who uses the machine at what time.
By keeping a record of your fleet, your workers will be more careful at work to take good care of the equipment.
5. Increase the resale value of your equipment
You can increase the resale value of your equipment by simply staying up to date with equipment maintenance. When you are selling your equipment to a third party, they’ll need to know how many repairs the equipment has gone through.
Providing a document to prove the maintenance history can help to determine the resale price for the equipment. This enables you to seal the deal quickly because your buyer will believe that you’ve been taking good care of the equipment they are about to buy.
There is a lot that comes with keeping your equipment maintenance records to date. It is one way of making every employee accountable for the fleet and reducing the downtime in your company. With all these benefits, you now have a reason to start keeping your equipment maintenance record updated.