Bypax helps companies who depend on physical equipment spend less
on maintenance and get better results.
" Maintenance is the largest single controllable expenditure in a plant:
in many companies it often exceeds annual net profit. " --Dupont
The important part of the above statement is not that maintenance is a large expense. The important part is that it’s controllable. If you’re thinking about improving your maintenance program but don’t know if it’s worth it, you should know how much having an average maintenance program actually costs.
Multiple studies show the average plant spends 5% of Replacement Asset Value (RAV) on maintenance each year. Their top performing competitors spend only 2% RAV. An independent benchmark study by the Aberdeen group shows top performers achieve 15% higher asset utilization, 26% higher return on invested capital, and 40% lower maintenance costs. In addition to lower maintenance costs, top performers also have more reliable and longer lasting equipment, higher productivity, less wrench time, and less environmental impact.
In today’s business environment having a top performing maintenance program is a definite competitive advantage. As more companies look for ways to save, it may soon be an advantage you can’t afford to compete without. If lowering your maintenance costs while boosting productivity and equipment reliability is important to you, call us at 1-888-462-9729 to learn how we can help.