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Showing posts from September, 2023

Machine Downtime Tracking: Short-Term Savings Turns Into Long-Term Gains

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When manufacturing businesses begin to experiment with equipment downtime tracking, they normally do so with an eye towards the short-term benefits they're promised by solutions providers. They're dealing with frustrating and costly unplanned downtime, and they need it to stop as quickly as possible. For many, the most obvious benefit of equipment downtime tracking has to do with the cost savings you begin to enjoy almost immediately. If you can stop a critical piece of machinery going down unexpectedly for even a half hour, that's 30 minutes more in a day when you can generate revenue. That's 30 minutes extra where your workers are operating at peak efficiency, and when you don't have to worry about finding (and buying) things like replacement parts. But while this is important, it's also only the beginning of something far better: continuous improvement across your entire business. Tracking Machine Downtime: Playing the Long Game It's a good thing ...

How Machine Downtime Tracking Can Help Solve Issues With Limited Resources

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If you had to make a list of all the reasons why manufacturing organizations invest in tracking machine downtime, cost savings would undoubtedly be right at the top. Obviously, every minute of unplanned downtime has a dollar value attached to it in terms of lost productivity, the expenses needed to get a machine back up and running, and your ability to use that machine's full potential to generate a profit for your company. The longer these types of problems are allowed to go on, the more they add up. Even if you only used machine downtime tracking for this purpose alone, you'd still get your money out of your investment. But once you begin to go deeper, you get a sense of just how impactful it can be across your production lines - especially in a situation where you may already be dealing with limited resources and are having a hard time unlocking their full potential. Battling Limited Resources, or: How to Work Smarter, Not Harder One of the great things about equipme...