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Uptime, Inc composed a list of benefits of vibration analysis in particular and predictive maintenance in general found in trade magazine articles, ads, flyers, and brochures. They are as follows:
- Minimizes or eliminates costly downtime - increases profitable uptime.
- Minimizes or eliminates catastrophic machinery failures - damage from catastrophic failure is usually much more extensive than otherwise would have been. - Reduces maintenance costs.
- Reduces unscheduled maintenance - repairs can be made at times that least affect production.
- Reduces spare parts inventories - many parts can be purchased just in time for repairs to be made during scheduled machinery shutdowns.
- Optimizes machinery performance - machinery always operates within specifications.
- Reduces excessive electric power consumption caused by inefficient machinery performance - saves money on energy requirements.
- Reduces need for standby equipment or additional floor space to cover excessive downtime - less capital investment required for equipment or plant.
- Increases plant capacity.
- Reduces depreciation of capital investment caused by poor machinery maintenance - well maintained machinery lasts longer and performs better.
- Reduces unnecessary machinery repairs - machines are repaired only when their performance is less than optimal.
- Minimizes or eliminates the possibility that machinery repairs were the wrong repairs.
- Reduces the number of dissatisfied customers or lost customers due to poor quality - with less than optimal machine performance, quality always suffers.
- Reduces rework of goods caused by machines operating at less than optimal condition.
- Reduces scrap caused by poorly performing machinery.
- Reduces overtime required to make up for lost production due to broken down or poorly performing machinery.
- Reduces penalties that result from late deliveries caused be broken down or poorly performing machinery.
- Reduces warranty claims due to poor product quality caused by poorly performing machinery.
- Reduces the possibility of accepting recently purchased new or used machinery with defects - the invoice is not paid until the defects are corrected.
- Increases the likelihood that newly purchased new or used machinery meets specifications.
- Increases machinery safety - injuries are often caused by poorly performing machinery.
- Reduces safety penalties levied against a company for unsafe machinery.
- Reduces insurance rates because well maintained machinery increases safety.
- Reduces the time required to make machinery repairs - advance notice of machinery condition permits more efficient organization of the repair process.
- Increases the speed that machinery can be operated, if desirable.
- Increases the ease of operation of machinery.
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