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Preventative maintenance program saves $300,000 per year in reduced downtime

1 minute(s) to read December 13, 2023

Tools able to be pulled offline prior to failure, reducing unplanned downtime.

CHALLENGE
CHALLENGE
Production uptime at our customer’s facility was adversely affected when they were running tools to failure without any preventative maintenance practices in place. This run-to-failure model caused costly, unplanned downtime.

The customer was averaging 10 minutes of downtime per month at a rate of $2,500 per minute, or approx. $300,000 per year, due to downtime caused by tool failures.
 
Production uptime at our customer’s facility was adversely affected when they were running tools to failure without any preventative maintenance practices in place. This run-to-failure model caused costly, unplanned downtime.

The customer was averaging 10 minutes of downtime per month at a rate of $2,500 per minute, or approx. $300,000 per year, due to downtime caused by tool failures.
 
Preventative maintenance program saves $300,000 per year in reduced downtime
 
SOLUTION
SOLUTION
We implemented a full preventative maintenance program, including software that notifies engineers when the tools have reached the cycle count threshold for preventative maintenance.
 
We implemented a full preventative maintenance program, including software that notifies engineers when the tools have reached the cycle count threshold for preventative maintenance.
IMPACT
IMPACT
Maintenance staff are able to pull tools offline prior to failure, which reduces unplanned downtime. From the customer: “90% of unexpected tool failure has been eliminated from our plant."
 
Maintenance staff are able to pull tools offline prior to failure, which reduces unplanned downtime. From the customer: “90% of unexpected tool failure has been eliminated from our plant."
ANNUAL SAVINGS
$300,000
ANNUAL SAVINGS
$300,000
 
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  • Automotive

  • Heavy Equipment & Machinery

  • Industrial Assembly