Unplanned Downtime: A Costly Threat with a Digital Solution
Unplanned downtime – those unexpected interruptions in production – can wreak havoc on your manufacturing operation. From equipment malfunctions and human error to supply chain disruptions, these stoppages derail schedules, strain resources, and ultimately impact your bottom line.
The High Cost of Downtime
The financial toll of unplanned downtime is staggering. Studies show it can cost companies hundreds of thousands of dollars per hour, encompassing lost production, wasted labor, and expedited repairs. This loss of financial resources translates to a significant reduction in Overall Equipment Effectiveness (OEE) and eroded profit margins.
Key Features and Benefits
Pinpoint downtime’s root causes with Pareto charts highlighting the most significant contributors. Analyze downtime by duration (sum of minutes) or frequency (number of occurrences).
Drill down into specific downtime causes by filtering data by date, shift, equipment code, product code, line, area, reason code, and more.
Beyond the Financial Impact
Unplanned downtime triggers a cascade of consequences:
- Damaged customer relationships: Late deliveries and inconsistent product availability erode trust and drive customers away.
- Strained supply chains: Disruptions in production create bottlenecks and delays that ripple through the entire supply chain.
- Increased safety risks: Rushed restarts and shortcuts to compensate for lost time can compromise safety protocols.
- Reduced employee morale: Unexpected stoppages lead to frustration and uncertainty, impacting productivity and engagement.
Stay On Top of Downtime
By leveraging the power of real-time data and visualization, DPS helps you identify the root causes of unplanned downtime, implement effective countermeasures, and optimize your operations for maximum efficiency and profitability.
Ready to take control of unplanned downtime?
Contact us today and schedule a demo to learn more about DPS and how it can transform your manufacturing operation.