Unplanned downtime is a major source of costs and loss in productivity for the manufacturing industry. According to IndustryWeek, unplanned downtime costs industrial manufacturers an estimated $50 billion annually. A major cause of such unplanned downtime is usually poor maintenance.
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The importance of maintenance is visible in the fact that unplanned downtime costs manufacturers $260,000 per hour on average. Since maintenance is a process required across the plant floor, mitigating maintenance interruptions can boost productivity. Maintenance managers can play a pivotal role in reducing downtime to improve plant productivity through maintenance scheduling and management. Here are seven tips maintenance managers can use on the plant floor.
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