Manufacturing Industry and Process Efficiency
Manufacturing industry aims to improve product quality and quantity and maximize value from the assets across the company. Having well-maintained assets contributes to the bottom line of the company. Checking and changing the oil will always cost less than the replacement of an engine.
Now that we know why maintenance is important, it is also important to know how best maintenance practices are done digitally without the hassles of spreadsheets and paper based records. Asset Tracking Solutions for the manufacturing industry enables plants to cut costs, improve production quality and quantity, and maximize value from assets across the company.
How Asset Tracking Software helps in avoiding common profit killers in manufacturing
To improve the process efficiency in manufacturing units, a good place is to start looking for profit killers. The four main areas that have been identified are labour and staff, inventory, asset effectiveness, compliance. Let us explore how asset tracking software solutions help in avoiding profit killers.
Labour and Staff
With the help of maintenance management software, the workflow can be scheduled and the right staff as in place for optimum efficiency can be ensured. Reporting on previous work done is a great way to get organized, but the real value of a CMMS is the ability to look ahead. When instructions are accessible (from a mobile), digital and clear, things are made simple for the staff.
Inventory
When not having parts that are needed for replacement or stocking too many spares hurts the profit. CMMS is s a sure way that ensures visibility of various assets to your entire organization thereby reducing unnecessary costs.
Asset Effectiveness
When we know that equipment downtime reduces profits, reports generated by maintenance management solution helps in making informed decisions that help in avoiding such unexpected events in the future.
Compliance
A fail-proof workflow for compliance-related tasks can be easily established. Having all safety documents in one place means better operational efficiency and safety.
Maintenance Management Solution helps in Cost Reduction
One of the main advantages of using Maintenance Management Software is that it helps to reduce the cost of maintenance.
How maintenance management helps in Cost Reduction
- Reduces equipment downtime and unplanned shutdowns
- Reduces labour overtime
- Reduces average time to repair
- Extends life of assets
- Lower Repair Costs
Next Steps
Ready to get started with maintenance best practices? Faciliteasy is here to help. Contact us and we can answer your questions. www.faciliteasy.com