If there was a reduction in production line failures of over 20% since 2019/20, would you have expected the costs of unplanned downtime for manufacturers to have increased by 50%? Well, thanks to inflation and production lines running at increased capacity this is the case, according to Senseye’s True Cost of Downtime Report 2022.
The report also found the average manufacturing facility to have experienced 20 downtime incidents per month, raising two very important questions. Firstly, how do you get your production lines up and running again as quickly as possible? And secondly, what can be done to reduce the risk of unplanned downtime in the future?
With good planning neither is insurmountable, but factor in obsolete equipment and parts in machinery and then it may not seem quite as straightforward. Finding a supplier who is able to supply and repair parts is a start, but they should also have knowledge and experience of legacy equipment and be able to offer remote and on-site breakdown support.
According to Erasmus prevention is better than cure, but it does make sense to have contingencies in place for both. Being the only UK company 100% focused on PacDrive we can help you put these plans into place.