Preventive Maintenance: $1.2M cost savings after a single PM iteration

Before fixing a problem, it must first be correctly identified.

Our client, a large-scale mining company facing fierce competition, needed to reduce losses related to mechanical breakdowns in order to remain financially competitive. Sustainably achieving this aim meant establishing a culture of reliability with a vision of daily proactive asset health management.

Laurentide Controls technicians and engineers, who were called to work on this project, used the Spartakus platform to review  preventive maintenance tasks associated with 16 at-risk assets.

Exploring a solution

The first step was to analyse the machinery, which is large and complex, to identify their inherent failure modes. It became rapidly apparent that there were significant time lapses in weekly and monthly inspections.