Even as demand for industrial products continues to hold strong, the manufacturing landscape remains as competitive as ever, with rising costs and competition making already-slim profit margins even tighter. To remain healthy and viable, manufacturers must examine every single area of operations in order to find potential cost savings, and equipment health and efficiency — driven by maintenance— are two such factors that can make a major difference in the bottom line. Equipment downtime is among the most significant resource drains in manufacturing. Every minute that equipment is offline equates to time not spent producing value in the form of output. Downtime also drains resources and affects business by requiring emergency maintenance, requiring emergency replacement part orders, threatening customer relationships, and delaying the return on capital investment. Taking steps to reduce equipment downtime can counteract these issues and have an extensive positive impact. To learn more about how detrimental equipment downtime is to organizations, as well as ways to mitigate it, continue reading on to the resource featured alongside this post.
Low Or No Maintenance Industrial Machinery provided by FLEXIM, an organization offering exceptional products such as their clamp on ultrasonic steam flow meter
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