Downtime can cost manufacturers tens of thousands of dollars per year, depending on the industry and size of the company. When a machine breaks down, your bottom line starts hemorrhaging money. Not only do you lose money due to lost productivity, repairs can take a huge chunk of your profit as well. To protect your bottom line, you need to know what your true downtime cost is and look for ways to reduce it. One of the best ways to reduce TDC is to prevent breakdowns and to get back up and running quickly if a breakdown does occur. Following are a few ways you can save time and money by doing just that.
Perform all Maintenance
Improper operation and failure to maintain equipment properly are two of the main culprits of machine breakdown. If you want to prevent down time, you must service your machines according to the manufacturer’s instructions. What’s more, you have to train your employees to use the equipment properly. One bad operator can wreak havoc on a machine, causing your repair costs to soar.
Use a Fiberscope
Fiberscopes are small wire-like devices with cameras on the end that can get into inaccessible places. They are invaluable in the industrial setting because they allow you to inspect the inner workings of your machinery without performing a tear down. You can use a fiberscope to perform routine inspections so you can fix minor issues before they become huge. You can also use it to troubleshoot problems when they do occur. If you can diagnose a problem quickly without removing parts of your machine to do so, you can pin point the problem and fix it without doing any unnecessary work.
Train your Operators
Waiting for maintenance or for an outside repairman takes time, which costs you money. So your goal should always be to get back up and running as quickly as possible. To cut out the middleman and the time spent waiting for one, train your machine operators to fix small issues on their own. Also, train them to identify problems before they occur. A simple change in the sound that the machine makes may indicate that trouble is coming.
As you can see, there are several ways to save time and money by keeping your downtime to a minimum. Remember, the goal is to keep your machines in good running condition at all times. Doing so will improve your bottom line dramatically.