How to Reduce Building Maintenance Costs in Your Organization Often, the cost of maintenance can be reduced and should be lower; however, it rarely works to reduce it quickly. It is often very disruptive to the company to reduce the cost too quickly. Ingalls and six other consultants work and train equipment operators, mechanics and maintenance supervisors to develop more cost-effective maintenance programs. As a result, your customers reduce maintenance costs by 25 to 50 percent or more.
Construction Customer Reduced Maintenance Costs by 52 Percent with Strong Asset Management Practices. To overcome the costs and stresses of high maintenance costs, facility managers should consider automating their operations with tools such as facility management software. This allows them to take a more planned approach to their maintenance activities. Think of the cost of maintaining facilities as a variable you can manipulate.
In some cases, you can reduce expenses through a more efficient approach to generating direct cost savings. In other cases, the cost of maintenance may not change, but the value increases as the methodology changes. In any case, the business benefits. Especially in larger commercial buildings, reducing energy use always plays an important role in overall cost reduction.
Automating lighting controls or switching to LED lighting can make a big difference to your energy bill. Similarly, regular energy audits and checking the trend of a building's energy bill can reveal a dramatic increase in spending before it goes too far. Whenever something goes wrong in your building, reducing the response time of reactive maintenance is an opportunity to showcase first-class customer service. For building owners and managers who still rely on reactive maintenance, this is the ideal time to carefully consider the benefits of proper building maintenance.
In Guidelines for Life Cycle Cost Analysis, Stanford University explains how the cumulative cost of operating and maintaining facilities significantly affects the overall budget (and not just the maintenance budget) as buildings age.
Building maintenancewill ensure that HVAC units, engines and other components are regularly maintained to keep the entire system running efficiently (the idea is that poorly maintained systems spend more energy to perform their function). In most situations, the maintenance manager decides to reduce the number of people or postpone the necessary maintenance work. For example, if you know that the assisted revolving door at the entrance to the building is reaching the end of its lifecycle, you can plan to replace it.
It is very interesting to investigate what event or action triggered the decision that the maintenance cost is too high in a plant. Plant age influences maintenance debt, as an older plant often has more future maintenance than a newer plant (however, that's not always true, some things were very well built in the past). If the goal of maintenance is to provide equipment reliability rather than reduce maintenance costs, everything changes. Industrial buildings that are now 20 years old or older, learning the true costs of maintaining such structures and finding new ways to make those buildings more alive and, at the same time, keeping them safe, compliant and as energy efficient as possible, should be the most important thing for manufacturers, distributors, schools, hospitals and retailers nationwide.
This concise guide shows you how to prioritize assets for a preventive maintenance program and how to activate that program. If the basics are implemented, there may be an increase in the initial maintenance cost to get started, but as the equipment becomes more reliable over time, there are fewer breakdowns, fewer spare parts are used, fewer resources are needed, and the mine, plant, and mill will produce more. One of the ways in which facility maintenance can create more value for a business is by reducing peripheral costs. If maintenance is reduced quickly by doing less maintenance, there is a delay effect so that the cost rises again.
But let's see what happens by shifting the focus to equipment reliability rather than reducing maintenance costs. When starting a new preventive maintenance plan for an older building, plan to spend between two and six percent of your company's annual operating budget on the initiative. . .