Actionable Insights: Equipment Cost
(World News Science)

In our previous Actionable Insights blog, we discussed the Production On Time and in Full by Product Family Action Center. Next, we will provide an overview of the Equipment Cost Action Center as well as the associated key performance indicators (KPIs). Keeping equipment in good working order is imperative for manufacturers to achieve optimal productivity and high quality, as well as for minimizing downtime. Most companies manage their equipment maintenancewell, but often they lack visibility on where the maintenance costs are spent. However, knowing where the company is spending on maintenance can help point out problems such as the need for additional operators, set up or maintenance...