Preventative maintenance is a group of activities that maintenance personnel performs on machinery, facilities, or various equipment to prevent them from malfunctioning or otherwise requiring major repairs. It’s related to predictive maintenance in the way that it’s meant to prevent unplanned downtime and keep critical parts from being damaged beyond repair.

1. Safety

An important benefit of having a preventive maintenance plan/program in Preventive maintenance reduces safety risks for employees and customers, which would significantly lower the risk of lawsuits and workers’ injury compensation. Preventive maintenance will go a long way in preventing accidents/damages in your facility.

2. Increase Equipment Life

An effective preventive maintenance plan will also maximize the usefulness of the equipment and system while saving a significant amount of money in deferring unnecessary maintenance or equipment replacement. It can profoundly affect the efficiency of machines by day-to-day wear and tear. A preventive maintenance schedule maximizes optimal working conditions.

The conservation of your assets will reduce utility consumption, which contributes to a large percentage of operating costs. Implementing a preventive maintenance plan/program will increase equipment life expectancy, it would be less spending for you in running your operations.

3. Reduce Costs

Unscheduled downtime can cost significant time and money as a machine breakdown can disrupt the goals and efficiency of your facility. Businesses need to stop or minimize delays and disruptions. Several negative opinions arise from unplanned downtime and many functional operations view the ongoing testing and inspection of equipment as a burden. However, it is a business imperative and often, is a competitive advantage.

Scheduling a preventive maintenance plan for your machinery and equipment means less energy consumption because of high levels of operational efficiency, which will reduce your utility bills. A planned preventive maintenance schedule saves real-time costs than emergency repairs. The maintenance work avails time to increase work order frequency and complete tasks faster because your machinery will run efficiently around the year. Unplanned downtime will spike maintenance costs, as equipment may need to be rush-ordered at a higher price and shipped via priority method.