Stretch Your MRO Budget: Tips for Cost-Effective Maintenance & Repair

Stretch Your MRO Budget: Tips for Cost-Effective Maintenance & Repair

Cost effective MRO graph: Graph comparing costs of preventive, condition-based, and corrective maintenance, highlighting cost-effectiveness.

Source: researchgate.net

Maintenance Statistics 2024: Infographic presenting key maintenance trends, challenges, and metrics for 2024.

Source: blog.infraspeak.com

Inventory carrying cost % pie chart: Pie chart illustrating the breakdown of inventory carrying costs with percentages.

Source: driveyoursuccess.com

ABC analysis: Infographic explaining ABC inventory analysis, classifying items based on value and usage.

Source: deskera.com

Implementing JIT inventory flowchart: Flowchart outlining the steps for implementing a just-in-time (JIT) inventory system.

Source: amsc-usa.com

Supplier consolidation process chart: Process chart showing steps involved in supplier consolidation for streamlined procurement.

Source: Procurement Brain

Utilize total productive maintenance (TPM): Infographic highlighting the benefits and implementation of Total Productive Maintenance (TPM).

Source: fastercapital.com

  • Vibrat͏ion Analysis͏: This methods involve monit͏oring͏ the machine vibrati͏ons during operations. Irregularity in vibration pattern can signal p͏oss͏ible mechanical problems like misalignment, imbalance or bearing w͏ear. By studying these ͏vibrations, maintenance experts can identify early signs of dama͏ge and address them to avoid breakdowns.
  • Oil inspection: Oil is͏ important element in various mechanical sy͏stems, wor͏king as lubrican͏t and coolant͏. By exam͏ining makeup and state ͏of ͏oil͏ samples, maintenance crews can understand cond͏ition of͏ equipment. Oil ͏inspection c͏an identify pollutants, deterioration of lubrication qualities, and worn particles indicating potential issues like in͏ternal p͏art w͏ear or fluid seepage.
  • Thermograph͏y: It is the use of infrared cameras to dete͏cts ͏a͏nd analyse heat patterns f͏rom equipment. Temp͏erature variations can sign͏als issues like electric͏al faults, overheating parts or insulation d͏amage. Regular t͏hermo͏graphi͏c inspe͏ctions h͏elps main͏tenance workers͏ catch possible͏ failures͏ in electrical systems, motors and other key c͏omponents.
Benefits of CMMS: Infographic showcasing the advantages of using a Computerized Maintenance Management System (CMMS).

Source: worktrek.com

Eight pillars of TPM: Infographic depicting the eight pillars of Total Productive Maintenance.

Source: bradyid.com

Negotiation price and payment terms: Infographic outlining key factors in negotiating price and payment terms with suppliers.

Source: fastercapital.com

Root Cause Analysis workflow: Workflow diagram illustrating the steps involved in Root Cause Analysis (RCA).

Source: Ahmer Mirza

  • Computerised Maintenance Management System (CMMS) is a software that helps an organisation to have maintenance tasks, work orders, asset history and spare parts inventory in one system. It’s like a digital toolbox for effective management of maintenance operations which allows teams to easily schedule, monitor and analyse maintenance activities.
  • Enterprise Asset Management (EAM) is a comprehensive package which incorporates all CMMS elements plus asset tracking, inventory control and financial reporting. It can be considered as a one-shop stop for dealing with the whole range of company assets from acquisition through to disposal resulting in better decision-making by companies as well as optimization of resource allocation.
  • Mean Time Between Failures (MTBF) represents how reliable an equipment is. It gives organisations the time a machine will run without breaking down. This enables organisations to single out potential problems, plan maintenance more effectively and enhance overall equipment performance and reliability.
  • Original Equipment Manufacturer (OEM) means designing and producing particular products or components for an organisation. It assists in maintaining high standards while avoiding unforeseen issues through ensuring quality, reliability and support of OEMs we choose for our products.
  • PDM (Predictive Maintenance) is a method that employs sensors and data analysis to check the health of equipment on a real-time basis. Its purpose is to help us discover wear or early signs of brake-downs in time, so that we can fix those issues proactively without any downtime and also extend the life span of our assets thus saving time and money.
  • PM (Preventive Maintenance) is based on conducting routine maintenance actions according to a schedule so as to avoid equipment breakdowns. It’s just like regular check-ups for our assets, which enable us to detect symptoms before they turn into chronic diseases and thus ensures their reliability and efficiency.
  • TPM (Total Productive Maintenance) aims at maximising equipment efficiency, minimising downtimes and continuously improving its system. The TPM model creates organisational ownership and cooperation that facilitates better productivity and increased efficiency.
  • SCADA stands for Supervisory Control And Data Acquisition systems used in industries such as manufacturing utilities transportation etc., that monitor industrial processes. These systems collect data using sensors thereby facilitating operators’ ability to oversee operations in real-time and make informed decisions when necessary.


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