Reliability of Our CAFM System, The Rule of 80/20
Nowadays, applying CAFM system for your company is essential for any business because it helps streamline and automate various facility management tasks. It provides a centralized platform for tracking and managing assets, maintenance requests, space utilization, and other critical functions.
Reliability is a major challenge faced by manufacturing companies, as unplanned equipment failures can result in significant losses, including lost product, increased maintenance costs, decreased workforce productivity, delivery delays, and customer dissatisfaction.
However, it has been found that up to 50% of these failures can be prevented by following the "80/20 Rule" and implementing an efficient maintenance program. This rule states that maintenance personnel should spend at least 80% of their time on preventative maintenance and no more than 20% on unplanned repairs.
Additionally, not more than 20% of equipment should consume over 80% of the maintenance budget. A reliability CMMS, such as Eagle Technology Proteus, can be used to efficiently manage equipment by maintaining an accurate inventory, scheduling preventative maintenance, and providing necessary information and tools for successful maintenance, while reducing unplanned downtime and saving costs.
By utilizing a CAFM system that optimizes equipment with the 80/20 rule, the maintenance team can efficiently plan and allocate their time, energy, and resources to maintain equipment and reduce unplanned downtime.