PROS OF PREVENTATIVE MAINTENANCE
Increased Safety: Routine inspections and upkeep help pinpoint potential safety risks before they escalate into major problems.
Extended Asset Lifespan: Regular maintenance can prolong the life of equipment and infrastructure, postponing the need for expensive replacements.
Cost Efficiency: While there are initial expenses, preventative maintenance reduces the likelihood and severity of unexpected repairs, leading to overall cost savings.
Reduced Downtime: By addressing potential issues before they become serious problems, preventative maintenance minimizes the likelihood of unexpected equipment failures and operational disruptions.
Increased Resale Value: Well-maintained assets often have higher resale values, as their condition reflects their ongoing care and functionality.
Optimized Performance: Properly maintained systems run more efficiently, which lowers energy usage and operational costs.
CONS OF PREVENTATIVE MAINTENANCE
Higher Initial Costs: Implementing a preventative maintenance program requires initial investment in time, resources, and manpower.
Scheduling Challenges: Coordinating maintenance without disrupting operations can be challenging.
Resource Allocation: Preventative maintenance can require significant resources in terms of time, personnel, and materials, which might be challenging for smaller teams or facilities with limited budgets.
Potential for Over-Maintenance: Risk of performing unnecessary maintenance if intervals are not accurately determined.
Training Requirements: Personnel may need specialized training to effectively carry out preventative maintenance tasks, leading to potential additional costs and time investment.
Balancing Maintenance and Production: Ensuring that maintenance activities are balanced with production schedules can be challenging, particularly in high-demand environments.