The expense that you may incur for overhead crane repair does not only include the cost of replacement parts, but it also includes the cost of downtime and the consequent loss of productivity. There are several variables that determine the cost of overhead crane repair and you may want to understand them well in order to formulate an appropriate equipment-maintenance and repair budget.
First off, you need to consider the age of your overhead cranes. Generally, you will have to spend more to repair old cranes compared to their newer counterparts. This is mainly due to the fact that old cranes and hoists become obsolete, demanding reverse engineering for the replacement of out-of-stock parts. This, in turn, translates into bigger costs. On the other hand, the repair of newer cranes will cost you less and most importantly, they will come with warranties.
The cost that you will incur on account of reactive maintenance is just one half of the equation with the other half being the cost that you will incur due to the loss of production time and revenue. The success of a repair activity depends on your ability to manage and minimise downtime. Many industrial establishments prefer to get their cranes repaired during the weekends in order to maintain the continuity of their operations. However, you may need to pay more for the repair works that you get completed during the after-hours or the weekend.
Some repairs become obligatory after you use overhead cranes for a certain period of time. However, you can prevent breakdowns by keeping a preventive maintenance plan in place. Regular inspections will help you prevent emergencies that may translate into expensive issues later. The replacement of damaged crane wheels and rope drums demands heavy cash outlay and regular inspections can help detect issues that may trigger serious incidents at a future stage. Sometimes, you will find it to be more profitable to invest in new equipment than to spend an equal amount to buy replacement parts for a device that has almost completed its lifecycle.