When it comes to asset management and facility management, everyone within an organization is affected by breakdowns and downtime. That means employees from the CFO to the environmental health and safety (EHS) director to the plant engineer should be involved in maintenance.

In the manufacturing world, downtime risks business output and jobs. In fact, research has shown that downtime can cost manufacturing companies as much as $22,000 per minute. What’s worse, a Plant Engineering maintenance study found that only 51 percent of plants surveyed are running a computerized maintenance management software (CMMS) for maintenance management.

Connecting personnel across departments and empowering nonmaintenance employees to take responsibility for efficient operations, and without downtime, presents a unique set of organizational and logistical barriers.

By turning to the right technology, however, companies can reduce the risks that come with an unpredictable industry.

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