The main benefits of preventive maintenance

The main benefit of preventive maintenance is reliability. By keeping each asset in good condition, it is less likely to fail, and you will ultimately have less downtime over the asset’s lifetime.
Preventive Maintenance is therefore a popular system used by many businesses, companies, and organizations to schedule specific maintenance tasks that help assets, machinery, and other equipment stay in good condition and always ready for use.
For example, one machine may require lubrication for every 100 hours of operation, while another machine may require annual inspection or adjustment. Therefore, a maintenance inspection checklist is often a critical part of preventive maintenance.

The benefits of preventive maintenance
- Reduced equipment downtime
- Extended asset, machinery, and equipment lifespan
- Prevented or reduced operational crises
- Improved workplace safety
- Improved efficiency (assets are in good working condition)
However, it is important to ensure that there is a way to continuously track all work, checklists, and history. If data is well-collected throughout the process, the management team will have good data to analyze the performance of the equipment and make intelligent business decisions in the long term.

Reference: Preventive Maintenance