Selecting Profit Centered Maintenance Tasks

Profit Centered Maintenance is defined as a program in which maintenance is considered a profit activity and setup to return maximum value for the resources invested rather than just least cost. As a program it requires commitment from executive management since the full benefits may not be realized in the short term. Administrative reengineering is required. At the machinery and equipment level, the maintenance plan or treatment must be selected to provide this maximum value to the company. This paper describes techniques and methodologies for selecting this optimum blend of maintenance tasks.