There are two ways to maintain assets that are generally carried out by companies, namely preventive Maintenance, and Corrective Maintenance.
In this article, we will explain the differences between preventive Maintenance and Corrective Maintenance and the advantages and disadvantages of each type of Maintenance.
Why does an asset require Maintenance?
An asset requires Maintenance to keep it in good working condition, in addition to maintaining the value of the asset. Maintenance includes repairs, replacements, and preventive measures to avoid future troubles.
Understanding Preventive Maintenance and Corrective Maintenance
Preventive Maintenance is a type of Maintenance carried out to prevent fatal damage to equipment or assets. Usually, preventive Maintenance is done periodically, be it every week or every month. The preventive maintenance schedule can adjust to the type of assets owned and the policies of each company.
While Corrective Maintenance is an activity to repair an asset that is carried out when it is damaged, corrective Maintenance activities include replacing spare parts, repairing damage, and making adjustments.
Advantages and Disadvantages of Each Type of Maintenance
Advantages of Preventive Maintenance
Preventive Maintenance is a great way to keep your equipment running correctly and avoid expensive repairs.
By cleaning and inspecting your equipment regularly, you can identify potential damage early and take steps to repair it. Preventive Maintenance can also help you extend the life of your equipment.
Advantages of Corrective Maintenance
Some of the advantages of corrective Maintenance include the following:
- You do not need regular monthly fees for Maintenance because it is done when the machine breaks down.
- When you find out the damage to the equipment, you can repair or replace it and can prolong the life of the equipment
- It saves money because you don’t incur other costs before repairs occur
Lack of Preventive Maintenance
There are several drawbacks when a company performs preventive maintenance deficiencies, including:
- High costs – preventive Maintenance requires routine and significant costs because it is carried out on a scheduled basis.
- Replacing viable components – you can replace some components that are still usable.
- There is a possibility that the machine is damaged before a routine inspection is carried out.
- Human error-prone occur – equipment that is carried out preventive Maintenance will often be prone to human error.
Lack of Corrective Maintenance
When a company implements corrective Maintenance, several losses can occur, including:
- If there is severe damage to the equipment, it will incur huge costs
- When your worker cannot use the equipment during Maintenance, labor costs will increase due to overtime
Each company must have a different policy regarding the Maintenance of assets or equipment. However, the most important thing besides asset maintenance is record keeping, such as the date of asset purchase, asset life, maintenance schedule, etc.