What do you know about cost control in maintenance and which parameters are considered??

Question

Accepted Answer

Cost control in maintenance involves monitoring and managing expenses related to maintenance activities.

Parameters considered include labor costs, material costs, equipment costs, and overhead costs.
Regular maintenance can help prevent costly repairs and replacements.
Implementing a computerized maintenance management system (CMMS) can help track expenses and identify areas for cost savings.
Outsourcing maintenance work to specialized contractors can also be a cost-effective option.
Regularly reviewing and adjusting maintenance budgets can help ensure cost control.
Using energy-efficient equipment and practices can also help reduce maintenance costs in the long run.

Accepted Answer

First step involved in cost control is chalking out strategy. Second step will be classification of cost in controllable and non controllable.We have to focus on controllable items only. We have to see the impact of such control. Top line can’t be compromised on account of cost control. Customer centric approach can also not be compromised on on account of cost control.

What do you know about cost control in maintenance and which parameters are considered??

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