Tag: maintenance budgets

Mo’ Money, Fewer Problems? Why Increasing Your Preventive Maintenance Budget Is Worth It

Preventive maintenance involves precautionary interventions and inspections conducted on equipment and facilities frequently to prevent failures, downtime, and workplace accidents. It includes activities like lubrication, visual inspection, cleaning, and calibration. Most facilities have established preventive maintenance schedules to guarantee the optimal performance of assets. Preserving a preventive strategy requires substantial budgets since facilities must conduct […]