Redirect allows you to redirect legacy URLs, so that you don't lose SEO value when rebuilding & restructuring a website.
Redirect supports traditional exact and RegEx matching of URL patterns.
Redirect will also automatically create a redirect for you if you change an entry's slug or uri.
Unlike utilizing .htaccess to do redirects, Redirect does not add overhead to each request for each redirect you have in place.
Redirect has no impact on your website's performance until a 404 exception happens.
Read more in the documentation