Well-maintained equipment runs more efficiently — that goes for almost any type of machine — automobile, machine tool , hand-tool, industrial equipment, etc. Clogged air filters cause the mechanisms to work harder to achieve the same results. Worn belts slip and hoses develop leaks resulting in increased fluid usage. All these produce operational inefficiencies which can negatively impact run time, decrease output or performance, and increase costs. Increased up-time and improved efficiency mean more hours of operation and more effective operation during hours worked.
This results in increased revenue. Reduced operating costs — general cost to run equipment, cost of replacement and repair of equipment and parts, cost of potentially lost productivity — reduces overall expenses.
If you are operating a fleet of equipment, the difference is compounded. The last two bullets in the list above address the equity in the equipment. If the equipment is well-maintained, it has a longer usable life and retains its value longer.
Well maintained equipment can also be an advantage when a company seeks commercial equipment financing. When a business needs to borrow money — whether to purchase or lease equipment, consolidate debt , or get a cash-out loan to fund business operations — using equipment as the collateral on that loan can be highly beneficial.
An equipment finance company that specializes in asset-backed collateral loans, will look at the equity in that equipment to help assess your borrowing power. Reduce injuries and fatalities, and therefore liability, due to faulty equipment.
Maximize warranty coverage by having detailed service records to demonstrate that maintenance is up to date. How To Ensure Proper Maintenance Of Your Manufacturing Equipment By building simple processes into your operation procedures, you can ensure that the equipment is properly maintained: Set up processes to analyze the performance data from your systems and monitor their operation so you can become aware of potential issues before they become a problem.
Provide proper training to technicians and operators so that when a problem is detected, they can recognize the issues and know how to deal with them properly. In addition, the right training can prevent misuse or overuse of equipment to avoid unnecessary repairs. Assign responsibility and make specific staff accountable for the proper functioning of the equipment. Empower and educate the right employees to ensure the success of preventative maintenance. Implement a maintenance schedule and conduct regular inspections to prevent wear-and-tear that can turn into larger issues.
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Read previous post: Fuel Costs in Air Pollution Control: Challenges and Opportunities When you choose or are required to upgrade or update your air pollution control system, you are opting to make The task of applying stretch film is highly important, and finding a time to give the machine a break for an inspection can seem to be something of a hassle.
However, it is highly important to have regular, scheduled maintenance for a stretch wrap device. Without having regular check ups, parts that are vital to the ability of a company to use packaging film may potentially fail, and at the point where parts of the machine actually break - the repairs can be more costly and time consuming. Not to mention, with an unexpected loss of the ability to apply stretch film, your production can come to a grinding halt, and back you up for days if not weeks.
In fact, the amount of time that you would be likely to spend having your machine fixed by an expert would likely outnumber the cumulative amount of downtime taken when performing regular, scheduled maintenance of your stretch wrap machine. Equipment maintenance is not only useful in the scope of preventing breakdowns, and thus lost time that could be spent in use properly, but it can be extremely helpful to the productivity of a machine - and by extension an entire workflow.
In the manner of a "well oiled machine," a properly serviced packing film machine can be certain to run at full capacity, and to work as well as when it first arrived. As a replacement would be costly, it is most reasonable to keep your machine a "well oiled machine.
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