flevyblog

Flevy Blog is an online business magazine covering Business Strategies, Business Theories, & Business Stories.
MANAGEMENT & LEADERSHIP STRATEGY, MARKETING, SALES OPERATIONS & SUPPLY CHAIN ORGANIZATION & CHANGE IT/MIS Other

The Difference between Preventive vs. Predictive Maintenance

Editor's Note: Take a look at our featured best practice, Total Productive Maintenance - 30 Templates (Excel workbook). This Excel workbook contains 30 templates for Total Productive maintenance ( TPM ) concepts. Templates include OPL ( One point Lesson) Gantt Chart, Why Why Analysis, Overall Inspection, Jishu Hozen Step - 4 , List of "Fuguai" in the Equipment, Why Why Because Logic [read more]

* * * *

When managing industrial equipment, you may agree that the maintenance of your assets is vital for your business. This is especially true when that equipment’s functionality can heavily impact your company’s efficiency and overall productivity. Alongside this, you’ll find that well-maintained machinery is highly cost-efficient as you won’t have to worry about unnecessary repairs that could’ve been prevented through thorough maintenance. Furthermore, well-maintained machinery will allow you to develop high-quality products that perform well. This is where understanding what condition monitoring is and how this is a critical aspect of predictive maintenance, comes into play.

That said, if you’re reading this, you may be developing or hoping to improve your maintenance strategy by reading about preventive and predictive maintenance. Preventive maintenance can be referred to as maintenance that is routine, planned, and scheduled. Therefore, it is done regularly at intervals. Meanwhile, predictive maintenance can be seen as more of a condition-based kind of maintenance. This means that it’s more focused on performing maintenance activities and schedules when your software indicates that it is necessary.

While you may simply choose between either type of maintenance, using both may also be worth considering. Overall, it really depends on what you need and how much you’re willing to pay. As such, it’s essential to know which one you need for a particular case scenario and exactly what they can do. With this in mind, here are the differences between preventive and predictive maintenance:

What You’ll Need to Perform the Maintenance

The difference between the two will be the costs, software, and machine downtime involved in them. For one, preventive is known to have a low overall investment cost compared to predictive maintenance. This is because predictive, on top of personnel and checklists, requires a special kind of software and tools and sensors to detect any issues with your machinery.

Next, when it comes to software, preventive is known to use maintenance software for managing and maintaining equipment. Meanwhile, predictive maintenance uses condition monitoring software to keep a live feed on how your machinery is doing. With that, if you’re hoping to look for an example of maintenance software, you may want to consider one provided by 60Hertz or other service providers.

When Do You Need to Do the Maintenance

Another main difference between preventive and predictive maintenance is how often they’re done. For instance, as mentioned, prevention is done regularly, and it’s scheduled and planned regardless of whether your machinery has any damage or not.

On the other hand, predictive maintenance is only done when needed, as you’ll only perform maintenance activities when your software dictates that one is due. More specifically, the software involved with predictive maintenance will tell you when there is a failure or issue.

From here, you can either perform a maintenance activity immediately to address it or do so on the next scheduled maintenance activity. As such, you may actually use both preventive and predictive together.

Advantages

Another difference worth considering between these two types of maintenance is their advantages. You may take the following advantages as an example:

Preventive

  1. It prolongs the machine’s lifespan as you regularly maintain them.
  2. Increased employee and customer safety because you won’t wait for any issues to arise.
  3. It’s efficient, especially when you have very skilled personnel.

Predictive

  1. It immediately identifies issues, allowing them to be fixed before a machine failure happens.
  2. You can just buy parts that need to be replaced and not those still working, making it cost-efficient and even time efficient.
  3. You can discover more efficient maintenance practices using the data collection involved in predictive maintenance.

Disadvantages

With that, it’s also worth considering the following disadvantages of these types of maintenance:

Preventive

  1. You may replace a part or perform a repair when it’s not yet needed, making it unnecessarily costly and time-consuming.
  2. It also requires more investment and time to make sure that you perform maintenance regularly.
  3. It requires more effort for inventory management for replacement parts.

Predictive

  1. The investment costs are higher as you’ll have to pay for extra equipment and software.
  2. It can get in the way of planned projects as it’s focused on detecting and addressing issues only when they appear.
  3. It can result in failing equipment which can consume more energy and time since this is focused on detecting and addressing issues instead of preventing them.

Conclusion

Maintenance is a core part of preserving product quality, overall safety, productivity, and efficiency. As such, it’s important to devise a maintenance management plan for your equipment to especially avoid paying for repairs that could have been avoided. With this in mind, in devising a maintenance management strategy, it’s essential to know preventive and predictive maintenance.

However, it’s worth noting that you may use both of these together for a more effective maintenance strategy. This is especially since predictive can identify issues that need to be addressed for the next scheduled maintenance. Therefore, it may not have to be a case of choosing between them but thoroughly understanding which is best used for a certain case scenario. That said, hopefully, the guide above has helped you gain a deeper understanding of the difference between preventive and predictive maintenance.

234-slide PowerPoint presentation
Total Productive Maintenance (TPM) is a comprehensive approach to equipment maintenance that aims to optimize equipment efficiency, reliability, and performance. It involves a holistic approach to maintenance, encompassing both the technical and the human aspects of equipment management. [read more]

Do You Want to Implement Business Best Practices?

You can download in-depth presentations on TPM and 100s of management topics from the FlevyPro Library. FlevyPro is trusted and utilized by 1000s of management consultants and corporate executives.

For even more best practices available on Flevy, have a look at our top 100 lists:

These best practices are of the same as those leveraged by top-tier management consulting firms, like McKinsey, BCG, Bain, and Accenture. Improve the growth and efficiency of your organization by utilizing these best practice frameworks, templates, and tools. Most were developed by seasoned executives and consultants with over 20+ years of experience.

Readers of This Article Are Interested in These Resources


139-slide PowerPoint presentation
The goal of Total Productive Maintenance (TPM) is to increase equipment effectiveness so that each piece of equipment can be operated to its full potential and maintained at that level. To maximize equipment effectiveness, you need a measurement tool that can help you understand your [read more]


 
208-slide PowerPoint presentation
 
 
57-slide PowerPoint presentation

About Shane Avron

Shane Avron is a freelance writer, specializing in business, general management, enterprise software, and digital technologies. In addition to Flevy, Shane's articles have appeared in Huffington Post, Forbes Magazine, among other business journals.




Complimentary Business Training Guides


Many companies develop robust strategies, but struggle with operationalizing their strategies into implementable steps. This presentation from flevy introduces 12 powerful business frameworks spanning both Strategy Development and Strategy Execution. [Learn more]

  This 48-page whitepaper, authored by consultancy Envisioning, provides the frameworks, tools, and insights needed to manage serious Change—under the backdrop of the business lifecycle. These lifecycle stages are each marked by distinct attributes, challenges, and behaviors. [Learn more]

We've developed a very comprehensive collection of Strategy & Transformation PowerPoint templates for you to use in your own business presentations, spanning topics from Growth Strategy to Brand Development to Innovation to Customer Experience to Strategic Management. [Learn more]

  We have compiled a collection of 10 Lean Six Sigma templates (Excel) and Operational Excellence guides (PowerPoint) by a multitude of LSS experts. These tools cover topics including 8 Disciplines (8D), 5 Why's, 7 Wastes, Value Stream Mapping (VSM), and DMAIC. [Learn more]
Recent Articles by Corporate Function

  

  

  

  

  


The Flevy Business Blog (https://flevy.com/blog) is a leading source of information on business strategies, business theories, and business stories. Most of our articles are authored by management consultants and industry executives with over 20 years of experience.

Flevy (https://flevy.com) is the marketplace for business best practices, such as management frameworks, presentation templates, and financial models. Our best practice documents are of the same caliber as those produced by top-tier consulting firms (like McKinsey, Bain, Accenture, BCG, and Deloitte) and used by Fortune 100 organizations. Learn more about Flevy here.


Connect with Flevy:

     
  


About Flevy.com   /   Terms   /   Privacy Policy
© . Flevy LLC. All Rights Reserved.