In today’s competitive manufacturing landscape, machine downtime is more than just an inconvenience – it’s a significant financial burden, often accounting for about 5% of factory losses, and sometimes even more. This can translate into staggering costs, sometimes exceeding $10,000 per hour, factoring in equipment replacement, labour, and production delays.
Imagine you are an industrial powerhouse, and your strategy to prevent constant breakdowns crippling your operations is to reduce production speed, a crucial aspect in managing your Overall Equipment Effectiveness (OEE). I’m seeing it more and more: top-tier manufacturers who are deliberately reducing their power-intensive machinery’s operational intensity to avoid catastrophic breakdowns.
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