Employee or Customer Safety: Worn out equipment is likely to fail at any moment and these failures can cause injuries to the workers working on those equipments. Products such as two wheelers and automobiles if not serviced periodically can break down suddenly and cause injuries to the users.
Customers Satisfaction: When production equipments break down products often cannot be produced according to the master production schedules due to work stoppage. This will lead to delayed deliveries of products to the customers.