What are the benefits to using a CMMS?

A computerized maintenance management system (CMMS) delivers a wide range of benefits to any business that has to repair, inspect, and maintain equipment. Here’s a rundown of some of them:

1. Keeps your equipment and machinery up and running.
2. Lowers overtime expenses.
3. Drops repair time and cost.
4. Lengthens equipment lifespan.
5. Helps you comply with rules and regulations.
6. Improves budgeting.
7. Balances stock levels.
8. Minimizes human errors.
9. Documents maintenance history.
10. Facilitates best practice implementation.
11. Reduces scrap and redoing work.
12. Empowers your team to customize maintenance work order categories.
13. Lays groundwork for bar-coding identification system.
14. Streamlines communication.
15. Centralizes data.
16. Tracks work orders and progress.
17. Standardizes preventive maintenance checklists for common assets or equipment.
18. Facilitates data gathering for future planning.
19. Helps you reprioritize quickly.
20. Speeds up response time.
21. Helps collect remote data easily.
22. Reduces paperwork.
23. Boosts accountability.
24. Facilitates benefits of a preventive maintenance program implementation.
25. Lays foundation for predictive maintenance program.
26. Boosts employee safety.
27. Provides your average time to repair statistics.
28. Tracks average time between failures.
29. Uncovers maintenance trends.
30. Shows detailed work order time tracking, costs, and progress.
31. Helps to eliminate wasted preventive maintenance.
32. Uncovers reasons for costly assets.

Bottom Line Savings

Each one of these CMMS benefits can affect the bottom line significantly. For many organizations, maintenance management can be nearly half of a business’ operational budget. According to ReliabilityWeb, facilities can increase their reliability from 35 percent to 50 percent after CMMS implementation. Additionally, work order management improvements boosts savings another 5 percent to 15 percent and optimization of inventory can reduce cost by another 20 percent.

Perhaps the biggest bottom line savings is the reduction of downtime. According to a survey by ITIC, nearly all businesses report that one hour of downtime costs more than $100,000. Implementing a CMMS has the potential to save hours of downtime each year.