Deficiencies and the lack of funding cause delays and backlogs in infrastructure repairs, referred to as deferred maintenance. The increase in future capital expenditures can be as much as 600% when maintenance is delayed. Facilities and manufacturing plants frequently fail to perform necessary maintenance, despite the serious consequences. Organizations are also exposed to safety risks, inefficiency in energy use, and reputational damage. In short, deferred maintenance refers to any planned repair or maintenance that has been postponed because of limited resources.
Types of Maintenance
One of the most popular forms of proactive maintenance is preventive maintenance. Organizations that already have a CMMS do not have to buy new technology in order to start performing preventive maintenance tasks. Simple and popular, preventive maintenance (PM) is used in many industries. Preventive Maintenance can reduce maintenance costs, increase asset life, and increase productivity.