Unless you have an unlimited income, most of us like to save money and the same thing goes for the maintenance department. While saving money is at the forefront of everyone’s goals, sometimes saving money costs more in the long run.
Reduce the Risk of Expensive Reactive Maintenance
For example, you can buy a new car for a certain amount or a used one for a quarter of the price that you found off of a website. Now for obvious reasons, the new car will cost you a lot more each month and you may not be able to afford the payments. But what if you have invested all you have left into that used car and it breaks down? The new car will have a warranty and with the used car, you’re pretty much stuck with the repair costs.
Less is Not Always More
When it comes to your preventative maintenance supplies or outside contractors, sometimes cheaper is not necessarily better in the long run. For instance, you can put in regular lighting and not invest in LEDs but the long-term savings are there and you will be missing out on them, not to mention the energy efficiency and carbon footprint. Same goes with hiring a contractor. Higher cost does not always mean better, and less expensive is not always the best choice. Sometimes, the high cost is due to experience and knowledge and the cheaper option can sometimes mean that the worker doesn’t have what you need to get the job done accurately.
Read More: Less Downtime and Higher Performance
Making a judgment call on what you should spend; a higher amount for your maintenance for better quality or less for substandard, it really is up to you. Saving the most you can, but always make sure the end result is what you are looking for instead of just a short-term savings.
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