Preventative maintenance refers to tasks that maintain assets on a regular basis to optimize performance and prevent unexpected breakdowns that could push up asset tracking costs. Depending on the ...

Yield maintenance is a prepayment penalty designed to safeguard lenders against losing interest income when a borrower decides to settle a loan ahead of schedule. Yield maintenance compensates for ...

Corrective maintenance refers to any tasks that identify and fix faulty equipment or systems in order to restore them to working order. Incorporating it into your management strategy can keep your ...

Predictive maintenance can help manufacturers save on costs by spotting equipment issues early. Companies like Aquant and Gecko Robotics provide AI-powered tools that inform maintenance decisions.