By John Garbarino and Kevin Parker
The cost of unplanned downtime includes more than that of the parts and labor needed to fix a piece of equipment. There are many tangible and intangible costs that must be considered to calculate the true cost of unplanned downtime.
Additionally, the type of maintenance programs employed to address unplanned downtime has an impact on the overall cost. Integrating condition-monitoring technology into an installed base of equipment delivers the means to respond to unplanned events quickly and safely while supporting predictive maintenance programs that reduce these costs.
Tune into this webcast to start defining a path to improved maintenance operations.