by James Reyes-Picknell | Nov 27, 2024 | Executive Insights
Why not beat tariffs by lowering costs, and becoming more competitive? It will help in your “home” market, and if you can cut enough, you’ll level the playing field with trading partners. What’s more, if you’ve lowered your costs the...
by James Reyes-Picknell | Jul 30, 2024 | Executive Insights
Up to 68% of all breakdowns can be traced back to a human error of some sort. Slowing down to achieve more is a well known principal in lean manufacturing. If you plant is breaking down often, you are probably running too fast and hard. The risks go up when you push...
by James Reyes-Picknell | Jan 30, 2024 | Assessment, Business Case & Finance, Executive Insights, Management Insights, UPTIME
Businesses often attempt to maximize profits for owners or shareholders by taking measures to reduce costs. A reactive approach to plant and equipment breakdowns is very costly, and it reduces outputs. By failing to do what it takes to become proactive, they take...
by James Reyes-Picknell | Jan 23, 2024 | Executive Insights
As an asset or facility ages beyond its original ROI time horizon, it deteriorates naturally with use and becomes more costly to maintain. The company has recouped its capital investment. Yet as the asset is now producing profitable revenues, it still wants it to...
by James Reyes-Picknell | Jan 4, 2024 | Executive Insights, UPTIME
Saving 20% of your maintenance costs is achievable in many operations. Are you running your production equipment to failure? Is your maintenance spending consistently higher than you budget allows? Are you frustrated that breakdowns cause delays in delivery schedules?...
