Add Energy AIM Blog

A data driven journey to maintenance excellence: how we saved $46.5M of annual maintenance expenditure

6 April 2021 posted in Maintenance Optimization, Spares, Inventory Management Optimization, CMMS Data Building

It is a known fact that planned preventative maintenance is significantly more cost-effective than breakdown maintenance or replacing expensive parts. For many companies, preventative maintenance is seen as an investment - one that must be carefully balanced, planned, and scheduled to reap the economic and safety benefits so that the return on investment (ROI) can be realized. 

Without a meticulously planned preventative maintenance management regime, companies are subject to increased risk of equipment failure, loss of production, and excessive maintenance costs.

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