Monday, July 9, 2018

Predictive vs Preventive Maintenance: What's the Difference?

When we consider maintenance strategies, we’re typically looking at three options: run-to-fail, predictive maintenance, and preventative maintenance. The traditional option is run-to-fail, which essentially requires being reactive, wherein the plan is to fix equipment once it breaks. Run-to-fail options tend to cost a lot relative to parts and repairs, lost time in production, and overtime pay when the equipment is up and running again and you’re working to get back on schedule.

Since the rise of the Internet of Things (IoT), maintenance strategies more companies are moving toward are predictive and preventive. The essential components of both predictive and preventive maintenance are that both options intend to anticipate problems before they occur in an effort to avoid repairs or failures and hopefully prevent things like line shutdowns and costly repairs.

Though preventive and predictive maintenance share similar end goals, their differences are important to understand as you consider which makes the most sense for your organization’s unique requirements and dynamics.

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