Pareto Principle in Maintenance: How the 80/20 Rule Reduces Downtime
Introduction: One such concept is the Pareto principle that can be easily applied to several bases, including maintenance. Named after the Italian economist Vilfredo Pareto, the principle holds that 80% of results come from 20% of causes. From a maintenance perspective, this would imply that only a few machines or causes are responsible for most of the breakdowns. By identifying that vital 20%, businesses have a great opportunity to increase efficiency, save unnecessary costs, and increase the longevity of equipment and machinery. At Minimac, we analyze your lubrication requirements and provide you with high-quality & service-quality solutions. For Mechanical Maintenance & Oil Check – Call +91 7030901266. The 80/20 Rule in Maintenance In maintenance, in fact, it is often referred to as the Pareto Principle: 80% of your maintenance problems or downtime come from only 20% of your causes or machines. This knowledge can help to prevent businesses from becoming lost in the we...