Performing inspections irregularly cannot achieve the same results and increases the chances of an accident, breakdown, or outright failure damaging or possibly ruining an asset.
Just because your personnel conduct a thorough inspection and prove an asset is functional and safe at that time, it doesn’t mean the asset will remain that way. A lot can happen in a short period. However, by inspecting regularly, you’ll better identify worsening or potential issues before they disrupt operations and result in much-higher repair/replacement expenses.
The larger an organization, the more equipment, vehicles, and other assets its personnel use, the more personnel are employed on various tasks in different shifts, and the likelier that people outside the organization can be negatively impacted by an asset malfunction. But even in mid-sized and smaller companies, it pays off to have an organized system of frequent, thorough inspections that constantly check for problems that can lead to catastrophe.
By performing frequent inspections, you will ensure assets are functioning as efficiently as they should, keep asset failures from hurting the bottom line, and protect your personnel and the public from harm.