Asset Repairs involve restoring faulty or damaged equipment, machines, or tools to a safe, operational condition—either through in-house maintenance or external service providers—while maintaining full cost and history tracking.
Types of Asset Repairs
Breakdown (Corrective) Repairs
- Unplanned failures
- Immediate action required
- High production impact
Planned Repairs
- Identified during PM inspection
- Scheduled with minimal downtime
Major Repairs / Overhauls
- Replacement of major components
- Life extension of asset
- Often CAPEX-related
Warranty / AMC Repairs
- Covered by OEM or service contract
- Zero or reduced repair cost
Key Information to Capture
Asset Details
- Asset ID / Barcode / QR
- Location & department
- Criticality & usage hours
Repair Details
- Failure description & cause
- Repair type (mechanical, electrical, etc.)
- Action taken & parts replaced
- Repair start & end time
Cost & Responsibility
- Labor cost
- Spare part cost
- Vendor repair cost
- Warranty / AMC status
Asset Repair Workflow
- Failure detected / complaint raised
- Breakdown work order created
- Asset inspected & diagnosed
- Repair done (in-house or external)
- Spare parts issued (if required)
- Testing & validation
- Asset status updated to Active
- Repair work order closed
Barcode & CMMS Integration
- Scan asset to raise repair request
- Auto link repair history
- Real-time status update
- MTTR & MTBF calculation
Key Reports
- Asset repair history
- Repair cost per asset
- Repeated failure analysis
- Downtime & response time
Benefits
- Reduced downtime
- Controlled maintenance cost
- Improved asset reliability
- Better lifecycle visibility