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How to Reduce Costly Downtime for Your Business

April 6, 2021 by BPM Team

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Time and money

Downtime is a word that outside of work means that it is time for a welcome break and to relax. However, in the business world, downtime is a word that strikes fear into business owners. For owners of manufacturing businesses, downtime equals a significant problem. Unplanned downtime costs companies heavily and means there will be plenty of hassle and stress ahead to fix the cause of the issue and regain lost time. But the impact of your production line grinding to a halt can also have long-term consequences. Missed deadlines for orders can result in unhappy clients and damage to your company’s reputation. Both of these scenarios are best avoided when you are trying to run a professional operation built on a solid reputation. As downtime can have such severe consequences in both the short and the long term, it makes sense to find methods to reduce the chances of downtime occurring. Here are some preventive measures you may like to make to limit the possibility of downtime impacting your manufacturing company:

Always Choose High-Quality Machinery

Choosing the best quality machinery is vital for a couple of reasons. Firstly, high-quality equipment is less likely to fail and cause lost production hours. Secondly, investing in the best quality equipment should help you realize a healthier return on your investment, as you should get more usable years out of the machinery than a comparable, lower quality model.

Sourcing the best quality machinery and parts requires research, but spending time reading up on which options are best is time well-spent when considering the benefits of using the highest quality parts. You may find it useful to read more about the parts described in this information https://www.ocpneumatics.com/part-builder/connectors/tubing/. Reading trade magazines will also help keep you up-to-date with the latest equipment and technology.

Schedule Regular Maintenance Checks

Buying the best equipment is essential, but you will still find yourself experiencing the occasional period of downtime unless you take care of it. Scheduling regular maintenance checks should put an end to this issue and will help you to keep your machinery running effectively for longer. 

Another significant benefit of regular maintenance checks is that they will help preserve your equipment’s life and keep it running at its optimum levels. 

Reduce Human Error

At some point in their career, everyone will make a mistake at work. Not every mistake can be avoided but doing as much as you can to reduce the chances of employee errors will help you to minimize the likelihood of downtime caused by these mistakes. 

Thorough training of all staff before they use the equipment is essential to keep everyone safe and reduce the chances of a mistake causing downtime. Implementing a training program that ensures that all employees have their training refreshed periodically will help to keep your team’s knowledge and skills up to date.

Reducing the chances of system downtime is an ongoing task and requires a multi-level approach to keep your production line moving.

To learn more on how costly downtime is, please see the information below.

Provided by S. Himmelstein & Company – torque transducer

You may also like: 4 Time Management Tips for Small Business Owners

Image source: Pixabay.com

Filed Under: Efficiency, Featured Posts, Management Tagged With: Efficiency, Featured Article, Time management

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