Whether your business is small or large, effective asset management and maintenance is a vital element in order to keep business operations running smoothly. Most of the businesses outsource maintenance management tasks to outdoor agencies and contractors and many of them are functional with dedicated asset maintenance departments.
There is a plenty of maintenance strategies that a business can make use of depending on the nature of its assets, industry, and competence of the maintenance team. But, knowing and understanding the right maintenance approach for specific businesses and assets can play a vital role in overall operational efficiency of the business.
In this article, I am about to discussin-depth details and information about corrective maintenance that every business will need to know.
1] What is Corrective Maintenance?
Let me help you to understand obviously that what is the meaning of corrective maintenance? Basically, it is a maintenance work done to fix business assets or other things that are broken unexpectedly or not performing well as per expectations of a business or company.
Usually corrective maintenance is performed right after failure detection or due to the fault or problem in a business asset, system or tool. The major objective of this maintenance approach is to returna business asset or equipment to a condition in which it can perform its proposedjob.
Urgent repair/maintenance of a broken elevator filled with people is the best example of corrective maintenance.
2] Difference between Corrective and Preventive Maintenance
Corrective maintenance is a maintenance approach used to repair unexpected or unscheduled failure of business assets and tools. On another hand, preventive maintenance is an approach to preform scheduled maintenance of assets to prevent unexpected failures and breakdown.
Companies usually carry out corrective maintenance when an asset or tool breaks down due to some reasons and preventive maintenance is done to replace parts of the assets before they totally failed to perform well and asset breaks down. Preventive maintenance keeps a business or company away from expensive repairs and breakdowns.
3] Pros of corrective maintenance
Lower maintenance costs
As a reactive maintenance task, there are fewer chances to perform the repairs after purchase of an asset and before a failure or breakdown happens. There will be no need to invest in cmms cloud to streamline maintenance processes because this type of maintenance always executed when a failure occurs.
Minimal planning required
As it is all about correcting a failed asset or tool once the fault or problem identified, there is fewer planning required to carry out this approach of maintenance that can keep business money and time for other productive activities.
Easy to execute
As its name shows that it is the matter of correcting a problem or failure in the asset, the maintenance team will only need to perform maintenance activity when some sort of problem or failure takes place.
Suitable in many situations
Repairing costs in case of failure will be fewer than investing in expensive maintenance management solutions when you are using corrective maintenance to keep your assets in good working condition. This is the reason; most of the businesses consider it as the best suitable maintenance approach in many situations.
4] Cons of corrective maintenance
As business assets are not properly inspected and monitored after purchase, asset breakdowns and failures are highly predictable in case of corrective maintenance that can cause expensive repairs.
Inefficiency in business operations
Unplanned asset breakdown can definitely cause inefficiency in business operations in case of delay in maintenance or repairs due to several issues like unavailability of required materials and labor etc.
Reduced life of assets
In corrective maintenance, business assets are not maintained properly and are repaired right after a failure which can cause improper upkeep of assets and reduced life time at the end.
Huge Long-term Costs
Since corrective maintenance carried out once an asset breaks down, disastrous failure can be extremely costly for the business and can also take hours to get fixed.
When a business asset or equipment will breakdown for a long and unplanned period of time, it will definitely have negative impact on overall business efficiency and poor customer services etc. At the end, a business can suffer from abnormal loss in terms on fewer revenues and profits at the end of the month or year.
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PdM aims to cut both planned and unplanned downtime, increase operational efficiency while reducing maintenance costs. The downside is, it requires purchasing equipment monitoring devices and setting up and managing a complex data gathering/analysis infrastructure.