Total maintenance cost lets you see how much you are spending on maintenance overall. Use this data to save more money/costs from conducting preventive maintenance and prevent downtime.
Cost Center
Total Cost as % of RAV: this is equal to (cost of work orders on asset/purchase price)*100.
The industry standard for Total Cost as % of RAV is a target value of 3% for this metric.
Total Maintenance Cost: total amount spent on these assets (recorded via work orders)
Total Purchase Price: total purchase value of all assets selected
Downtime and Costs
Total Downtime (hrs): the total/aggregate downtime hours recorded to the asset during the specified date range
Total Maintenance Cost: the total/aggregate costs recorded to work orders assigned to the asset during the specified date range
Downtime and Cost Trends
Total Downtime (hrs): Total downtime hours recorded to all assets across several months
Total Maintenance Cost: total costs recorded to all work orders across several months to showcase any trends
