People think that manufacturing is dead and it’s all about tech companies and digital products, but that isn’t true. There are plenty of people that are making millions from manufacturing and if you want to start a profitable business, it’s a good option. But it’s also an expensive option because you have to purchase and maintain a lot of heavy machinery. So many manufacturing companies waste huge amounts of money on maintenance every year because machines are constantly breaking down. All of that money gets poured into maintenance and that eats into their profits in a big way.
If you are running your own manufacturing business, you need to make sure that you avoid falling into the same trap. The good news is, there are some simple things that you can do to make sure that everything runs smoothly. These are the best ways for manufacturing companies to stop wasting money on endless maintenance.
Buy Good Quality Equipment
This seems obvious, but a lot of manufacturing companies make the mistake of buying cheap machines to save money. But even though they might be cheaper to start with, they’re a lot more expensive in the long run when they keep breaking down all of the time. It’s far more cost effective to spend more money on high quality equipment that will last longer without breaking down.
If you decide to buy second hand equipment to save yourself some money, you need to be careful. Although there are plenty of good second hand machines out there, there are also plenty of people that are looking to rip you off. Before you agree to buy anything, check it over thoroughly to make sure that it’s all in good working order.
Use The Right Maintenance Products
Simple maintenance jobs like changing oil or adding coolant are important if you want to prevent maintenance issues. But you need to use the right products because they will protect the moving parts in machines and make them last a lot longer. Companies like PEAKHD specialize in products that extend the lifespan of your machinery and prevent maintenance issues. If you don’t invest in the right products, you will spend more on maintenance in the long run.
Improve Training
Machines sometimes break due to normal wear and tear but they also break due to misuse. If your employees do not operate machines correctly, you will experience a lot more maintenance issues. It is also a big health and safety risk, so you need to improve your training. Even the most experienced employees get into bad habits and take shortcuts, so you have annual refresher training for everybody, not just new employees.
Whenever you invest in new machines, you also need to run training courses, even if the equipment is very similar to what you are already using. During your training sessions, include information on how to properly clean down and maintain machines because regular preventative maintenance is the best way to avoid expensive issues later on.
Follow these simple tips and you will be able to stop wasting money on expensive repair jobs.
This is a contributed post.
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