Predictive maintenance savings calculator
The calculation has three items: unnecessary oil changes, unplanned downtime and growing breakdown repairs. Enter your own figures to see an example annual total.
Worked example
Assumptions: The figures in the table are examples chosen to show how the calculation works. They are not measured results, sourced data or a promise. The result depends on your own plant's figures.
| Source of savings | Today | With monitoring | Calculation | Example (assumed) |
|---|---|---|---|---|
| Unnecessary oil changes | Oil is changed by the calendar. | Oil is changed by condition. | Cost per change × changes postponed | TRY 25,000 × 1 = TRY 25,000 |
| Unplanned downtime | The fault is noticed when the machine stops. | The sign is seen early. The work is planned. | Hourly downtime cost × hours saved | TRY 40,000 × 3 h = TRY 120,000 |
| Breakdown repair | Repaired after the damage has spread. | Fixed in a planned job while the damage is small. | Unplanned repair − planned repair | 100,000 − 30,000 = TRY 70,000 |
| Example annual total | Sum of the three items (before monitoring cost) | TRY 215,000 |
Assumptions (all examples): The total cost of one oil change (oil, labour, downtime) is TRY 25,000. One change is postponed per year. One hour of downtime costs TRY 40,000. Three hours of unplanned downtime per year become planned work. An unplanned repair costs TRY 100,000 and a planned repair TRY 30,000. These results are not a promise. The cost of the monitoring system is deducted from this total. We state that figure separately in the quote.
This calculation can be made together for your machine and your plant's figures.