The Manufacturing Maintenance Balancing Act

In a 2006 Nielsen study1, auto industry manufacturing executives reported that stopped production costs averaged $22,000 per minute or $1.3 million per hour of downtime. When surveyed, 53% of the manufacturers agreed that predictive and preventative maintenance was the key to reducing this loss of productivity and revenue. So, what is the best practice for determining how to maintain and operate your manufacturing line to optimize productivity and maximize revenue? Read more