On-demand session – Flip This Factory – Webisode 1

Design Your Own Downtime

Summary

Unplanned, unnecessary downtime is a drain on your facility. It impacts the bottom line, worker safety, company morale, and more. In fact, a recent Plant Services report revealed 40% of manufacturers experience unplanned downtime on a weekly or monthly basis. A further 34% said that unplanned downtime presents the biggest threat to meeting their production targets.

In this webisode of Flip This Factory, we’re going down to the studs and rebuilding machine health with a predictive maintenance mindset.

We’ll cover how purpose-built AI and Industrial IoT:

  • Optimize your production and maintenance planning
  • Increase capacity, OEE, and unlock capital
  • Decrease operational costs
  • Increase safety and morale

You’ll also learn how to:

  • Evaluate technology solutions
  • Move beyond pilot purgatory
  • Drive measurable value with a wide-reaching impact on your business

We prevented the drive from failing due to overheating, which would’ve stopped the tube production line and incurred replacement costs.

We figure the savings at 192 hours of downtime and an output of 2.8 million tubes of toothpaste, plus $12,000 for a new motor and $27,000 in variable conversion costs.

Warren Pruitt
Read full success story