Manufacturing

Failures and downtime happen in every manufacturing environment. If you are waiting until your equipment breaks down to do repairs, you are adding unnecessary costs and inefficiencies to your business. Not only do you have the cost of an emergency repair call-out, you must pay for any unplanned loss of productivity and wasted resources too. Outdated maintenance procedures also waste resources and may expose staff to greater safety risk.

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According to Industry Week, “Unplanned downtime costs industrial manufacturers an estimated $50 billion annually. And equipment failure is the cause of 42% of this unplanned downtime.”

Routine inspections can help catch equipment failures before they become catastrophic. By analysing the data on equipment with the help of sensors, which are cost effective, maintenance managers can identify patterns of equipment failure and schedule inspection and repairs on a more regular basis, extending the working life of your capital investment in equipment at all levels of operation.

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