We think that this is one of the most important things to have set in place for equipment because Companies that rely on what you would call reactive maintenance or run to failure maintenance are essentially waiting for a problem to happen. This is when it gets costly for the Customer. Unplanned downtime can result in idle employees and missed deadlines for the production of your goods.
Preventative maintenance plan can help save the company money by focusing the work towards preventing equipment failure rather than responding to emergency breakdowns. Preventative maintenance is usually cheaper and faster than big breakdowns and fixes.
When these machines aren’t functioning at their optimal performance then that’s where it gets very dangerous too. It could create emergency situations where workers could get injured. This preventative maintenance can improve the safety of the equipment and the safety for the operators resulting in fewer on the job injuries and accidents.