Do you know what like-for-like PacDrive spares you have on site? The importance of keeping like-for-like PacDrive spares on site is crucial for maintaining the efficiency of production lines. PacDrive systems are integral to many production lines and any disruption can lead to significant downtime. This in turn can have substantial financial implications.
Downtime Costs: The cost of downtime in manufacturing is £5,000 per hour with some companies experiencing up to 20 hours per week. When a PacDrive part fails and there are no immediate replacement parts available, production stops. This not only affects output, but also leads to idle labour costs, potential missed deadlines and consequent penalties. The longer the downtime, the higher the financial loss. Having like-for-like stock on site ensures breakdowns can be addressed promptly, thereby minimising downtime and associated costs.
Sourcing Obsolete Parts: With PacDrive M obsolete, parts will become harder to find meaning the time taken to source them can be lengthy (even for current PacDrive 3, if no stock is held on site there will still be a delay). This only exacerbates the downtime issue as production cannot resume until the part is replaced. Another consideration is that obsolete parts often come with a price premium due to their scarcity. Maintaining an inventory of like-for-like parts means companies can avoid the delays and extra costs associated with sourcing hard-to-find components.
Impact on Production Lines: The ability to quickly replace faulty parts with like-for-like stock is essential for quickly getting production lines up and running again. Quick recovery times help maintain customer satisfaction as delivery schedules are met and a company’s reputation for reliability upheld. Consistent production also ensures supply chains remain unaffected, preventing a ripple effect of delays and disruptions.
So, do you know what like-for-like PacDrive spares you have on site? The importance of keeping like-for-like PacDrive spares on site is crucial for maintaining the efficiency of production lines. In fact, it should probably be considered more a strategic investment as it helps mitigate the high costs of downtime. Sourcing any part during a breakdown – obsolete or not – only serves to delay production lines resuming operations. Sourcing parts before they are needed could save plenty of unnecessary stress at a time when there’s enough pressure!