Predictive maintenance (PdM) is a technique that helps reduce maintenance expenditure during production.Maintenance costs spiral due to inefficient management of resources. Eliminating these can cut maintenance costs by 30 to 50%.
Using effective PdM techniques, production capacity can be increased by 50% while cutting maintenance costs. Another advantage of incorporating PdM is it increases the operating life of equipments, thus reducing the cost of production.
Another major advantage of employing PdM is that it reduces the average time taken by the maintenance worker in the maintenance activities of a production machine. In other words it drastically reduces the average wrench time for pre and post production maintenance.