Manufacturers face tough decisions that impact their ability to grow their business and increase profits because of unexpected disruptions in production due to equipment failures. A critical requirement is finding an optimal strategy to keep their equipment in peak condition for maximum asset availability while minimizing costs. Prioritizing when and what to maintain is a […]
By William Sobel, Chief Strategy Officer, VIMANA Unplanned downtime and production loss due to equipment failure is one of the leading losses for manufacturers. Most shops perform maintenance on a fixed schedule or on failure. This means a machine will be maintained regardless of how often it is used and unexpected breakdowns will stop production. […]