Tuesday, January 30, 2018

Save Time and Money: Reduce your Operational Downtime

Operational downtime is one of the factors that affect the success and growth your business. It often goes unnoticed, but there are a few things that you can do to reduce downtime.

1. Perform Risk Audit
Performing a risk audit is not very enjoyable, but it's one of the most effective ways of reducing downtime. Using equipment that has become obsolete pose a great risk to your daily operations. Although machines and equipment have certain limits, there are still many businesses who use their old machine/equipment.  A common problem with obsolete or old machine and equipment is finding its replaceable parts. If these machine/equipment stop suddenly during production, you can expect hours of downtime if you don’t have the resources to fix them.

2. Calculating cost of downtime
The common mistake of operators/business owners is not calculating the cost of downtime. It may have occurred for just a few minutes, but this doesn't mean that the business is not losing any money. When you combine these few minutes, that's when you'll realize that you're actually losing a lot of money without noticing.

3. Documentation and maintenance schedules
Taking note of the maintenance schedules and changes in your machine or equipment is very important. You can use the information you've gathered as your guide if you notice something unusual happening to your machine/equipment. It also helps you and your staff to track the changes you've made and easily track if maintenance or repair was done properly.

4. Proper staff training
When you train your staff, you have to make them understand how important it is for them to do their job properly. During their training, remind them that following maintenance procedures and processes are vital in keeping the machines and equipment running smoothly especially during crucial production days.

5. Don't be reactive, be PROACTIVE
Reducing downtime in operations is good, but preventing it from happening is even better. Instead of reacting to equipment/machine failure, you can save time and money by detecting the signs and doing the necessary maintenance procedures to prevent it from happening.

Following these steps will be helpful, but if you really want the operations to run as smoothly as possible, you have to look for ways on how to prevent machine/equipment failure before it occurs.

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