This is the 5th in our series of 12 “Uptime for Executives” videos, giving an overview of each part of the book, piece by piece. This video describes a far too typical “bad day” in an operational environment. If it seems at all familiar, perhaps we should talk!
The last video spoke to the “value” of sustaining Uptime in your operations – in terms of cost savings, revenue gains, and risk reductions in safety an environmental compliance. 20% or more of your maintenance costs can usually be saved. Spare parts inventory reductions of up to 30% can be achieved. Up to 60% of your proactive maintenance (and its downtime) can be eliminated. Each 1% of added plant availability (at your bottleneck) increases revenues by 1%. Better maintained plant and equipment will also last longer, deferring future capital investment.
That’s a lot of untapped benefit and all because of failing to do the right maintenance, the right way. It sounds easy enough, but many find it difficult to achieve – until now.
“Uptime for Executives” is now available in e-book format in: English, langue française / French, lengua española / Spanish. It should take you no more than an hour to read! The value of that investment – priceless.