Plan now or pay later for plant downtime
As an industrial plant operator, you have one sure-fire way to boost your bottom line and impress your bosses: keep downtime as low as possible. In fact, 34% of engineers and managers see maintenance as a profit center that delivers great capacity to their facility, according to the Plant Engineering 2019 Maintenance Study. But 59% still see it as a cost center.
What makes the difference? Lack of 1) resources or staff, 2) knowledge about maintenance options and technologies, and 3) training, according to the study. That’s why we created the Definitive Guide to Reducing Downtime—to help you reduce downtime from the 20% that typical facilities experience to the 5% that the top group does.
Here are a few pointers from the guide—and a few questions you can use to test your knowledge. For more information—and the answers—download the guide today.
Create a preventive maintenance plan.
Run to failure costs two to five times as much as proactive maintenance, according to the Marshall Institute. You’ll pay much more for repairs and also suffer lost production, safety risks, and untenable environmental conditions. With our six-step process, you can create a preventive maintenance plan to tackle this scenario.
Q: When does run to failure and reactive maintenance actually make sense?
Tap the potential of predictive maintenance.
With a basic setup to collect data on machine health, your equipment will let you know when it needs attention. Instead of performing maintenance on the OEM’s schedule, you can analyze performance and continually improve processes—with up to a 50% reduction in downtime, according to the McKinsey Global Institute.
Q: What types of equipment need the most maintenance?
Manage environmental impacts proactively.
With COVID-19, more workers than ever must wear stifling protective gear. And high-precision manufacturing equipment can’t withstand heat and humidity any more than humans can. By planning ahead, you can ensure you’ll have cost-effective supplemental cooling whenever you need it.
Q. What climate control issue caused unplanned downtime at 11% of companies?
Turn unexpected downtime into a non-event.
Even if you take every precaution, you may still experience unexpected downtime. Then, you can turn to your contingency plan—assuming you have one. With that, plus temporary equipment and expert installation, you can take a proactive stance.
Q. Where should you keep the contingency plan for equipment critical to your manufacturing operations?
Prepare for natural disasters.
In a disaster, everyone needs help getting back online. If you already work with a temporary equipment provider, you can get solutions headed your way and be back in business before your competitors.
Q. When should you contact a temporary equipment company about a disaster?
To keep downtime at an absolute minimum, you need a trusted partner ready to help when things go sideways. Reach out to our industrial experts. We’re here to help develop a custom solution and answer all your questions. Give us a call at 866-216-9593 or have us reach out to you.