What are the most effective equipment maintenance cost management strategies for Plant Operations?
Equipment maintenance is a crucial aspect of plant operations, as it affects the reliability, safety, and efficiency of the production process. However, maintenance also involves significant costs, such as labor, materials, tools, downtime, and energy. Therefore, plant operators need to adopt effective cost management strategies to optimize their maintenance activities and reduce unnecessary expenses. In this article, we will discuss some of the most effective equipment maintenance cost management strategies for plant operations, such as: