What are the benefits to using a CMMS?
A computerized maintenance management system (CMMS) delivers a wide range of benefits to any business that has to repair, inspect, and maintain equipment. Here’s a rundown of some of them:
- Keeps your equipment and machinery up and running.
- Lowers overtime expenses.
- Drops repair time and cost.
- Lengthens equipment lifespan.
- Helps you comply with rules and regulations.
- Improves budgeting.
- Balances stock levels.
- Minimizes human errors.
- Documents maintenance history.
- Facilitates best practice implementation.
- Reduces scrap and redoing work.
- Lays groundwork for bar-coding identification system.
- Streamlines communication.
- Centralizes data.
- Tracks work orders and progress.
- Facilitates data gathering for future planning.
- Helps you reprioritize quickly.
- Speeds up response time.
- Helps collect remote data easily.
- Reduces paperwork.
- Boosts accountability.
- Facilitates preventive maintenance program implementation.
- Lays foundation for predictive maintenance program.
- Boosts employee safety.
- Provides your average time to repair statistics.
- Tracks average time between failures.
- Uncovers maintenance trends.
- Shows detailed work costs and progress.
- Helps to eliminate wasted preventive maintenance.
- Uncovers reasons for costly assets.
Bottom Line Savings
Each one of these benefits can affect the bottom line significantly. For many organizations, maintenance management can be nearly half of a business’ operational budget. According to ReliabilityWeb, facilities can increase their reliability from 35 percent to 50 percent after CMMS implementation. Work flow management improvements boosts savings another 5 percent to 15 percent and optimization of inventory can reduce cost by another 20 percent.
Perhaps the biggest bottom line savings is the reduction of downtime. According to a survey by ITIC, nearly all businesses report that one hour of downtime costs more than $100,000. Implementing a CMMS has the potential to save hours of downtime each year.