Why is maintenance — proven to be a key factor in extending equipment life, reducing downtime and lowering overall costs — so often overlooked in many operations until it becomes an emergency? There are several possible reasons:

• Lack of available resources — time or personnel
• Inconvenient timing
• Disorganization or lack of planning
• Misunderstanding of the benefits and importance of maintenance

In many cases, several of these factors will exist at once. They create a maintenance deficit that, if not addressed, can add up to a significant sum of avoidable costs in operations, emergency repairs, part defects and facility safety. These maintenance issues do not arise on account of purposeful negligence by facility management. They result from resource shortfalls and prioritization decisions that naturally place core production processes at the top.

Annual Maintenance Contracts can cover just about anything that your business owns and uses as long as it can be maintained. It's simply an agreement between your company and a maintenance services provider that they will provide regular maintenance to your company under the terms of the contract.