Asset Management
How does Asset Management help in reducing asset downtime in the food service industry?

How does Asset Management help in reducing asset downtime in the food service industry?

How does Asset Management help in reducing asset downtime in the food service industry?

Food service outlet provides us with snacks & types of fast food, these firms are dedicated to serving food through their outlets. A lot of people come to enjoy food and they work continuously for a lot of orders they get from their customers. Machines and equipment work. What if one of your assets suddenly stops working? Asset downtime and disappointing customer maintenance expenses are a few of the consequences of sudden equipment failure. This type of scenario can be dangerous for businesses. That is why keeping assets maintained is important for business. In this blog, we will know how you can reduce asset downtime when you are in the food service industry. So, Let's begin!  

What is asset downtime?  

When an asset is not in working condition or not operational due to unexpected asset failure or shut down for maintenance. Asset downtime shall be minimized for an asset so that maximum performance can be achieved from the asset. One of the reasons for performing asset downtime is to evaluate the overall health of an asset. Asset downtime is one major factor for asset performance which is why it needs to be taken care of specifically    

What are the various types of asset downtime?  

Asset downtime can be divided into two categories:  

Planned asset downtime

When you perform planned asset downtime it means that you have control over your assets. Mostly planned downtime is executed during non-working hours of the organization. Planned asset downtime does not impact daily operations however it needs to be planned properly. For overall asset analysis planned asset downtime is executed.  

Unplanned asset downtime

Unplanned asset downtime means the asset is not under your control. It is a totally unexpected situation, mostly occurring when asset failure has occurred and as it needs to be recovered back from asset failure.    

What is the solution to decrease downtime?

The solution is computerized maintenance management software (CMMS). This software is helpful in the asset maintenance schedule. Maintenance is an important factor for food services as their equipment works continuously for long hours. Therefore, machines are under tremendous pressure and if maintenance is not delivered on time, then asset equipment will stop working at some point. Most importantly asset downtime and equipment maintenance expenses will increase. There is the very little profit margin in the food service business, which is why keeping equipment in good shape is important for business.    

This software provides proactive maintenance to assets and keeps track of maintenance history as well it provides also regular alerts and notifications for upcoming maintenance to the maintenance manager so that no maintenance of assets is delayed or forgotten. You can create a work order for each asset for the activities that need to be done. Moreover, you can create a checklist so that the asset maintenance team can see all the activities that need to be done in the asset. it is also helpful to the technician in saving time.  

In the food service sector, there are some assets that are utilized more frequently than other assets for those assets you can define the frequency of asset maintenance to be done on a daily weekly, or monthly basis. You can also keep track of consumable cost labor costs included in each work order.    

All these activities will be helpful in increasing aspect performance and automatically downtime will decrease. It will also optimize Asset performance and its life as well.    

With this software, you can get reports that will help you to get crucial insights into your assets. That information can be useful in identifying risks and minimizing them. It is also a smart approach to decrease downtime. It also provides you with real-time information.    

What are the benefits food service sector can achieve when asset downtime is minimized?  

Asset downtime can be dangerous for businesses especially for the food service sector as It kills Business productivity and Asset efficiency. The most important benefit you achieve when asset downtime is minimized is decreased sudden equipment failure chances. Unexpected equipment failures occur, maintenance expenses increase and equipment performance decreases as well. However, when asset downtime is minimized, you can achieve maximum asset performance and decrease an expected asset breakdown, and as a result maintenance expenses will decrease. In the food and service sector, you cannot bad unexpected asset failure during rush hours. If that happens you will not only lose your valuable customer but also lose potential customers. However, with scheduled asset maintenance you can avoid this type of scenario. this  


When you are in the food service industry it is important to keep your equipment well-maintained otherwise a loss will occur, and potential business will be lost. Asset Infinity offers automated asset management software that helps you schedule asset maintenance. It can also help in improving asset performance and optimizing asset health.    

With this application, you can monitor asset health so that if key performance indicators are not up to the level maintenance can be given to the asset. Overall, this software can be helpful to the food service industry in increasing asset uptime. In the long term, you will notice maintenance expenses will decrease and unexpected failure minimized as well. This software can be extremely helpful to food service businesses as it enables you to manage assets efficiently and provides a complete picture of assets.  


Frequently Asked Questions (FAQs)  

Q1. What are the reasons for asset downtime?  

The reasons for asset downtime are given below:  

  1. End of asset life
  1. Running assets continuously for long hours
  1. Bad quality of maintenance
  1. Not utilizing analytics

Q2. What are the benefits of asset management?

There are several benefits you can get from automated asset management such as increased asset performance, decreased maintenance costs, optimized asset life, accurate asset tracking etc.

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