In manufacturing, uptime is money. Despite efforts to keep machines running smoothly, a staggering 82% of machine tools in production experience at least one unplanned downtime per year.1 When machines are idle, it costs manufacturers on average $260K per hour across all industries2, which can result in millions of dollars in lost productivity. Is there a way to prevent it?
Understand The Behavior of Your Machines with Performance Monitoring
You Can’t Improve What You Don’t Measure
Without data to give you immediate insight into how your machines are performing, maintenance remains reactive rather than becoming proactive. You also miss the opportunities to make your machines more efficient.
You need to start with the most essential step: monitoring the performance of your production equipment. Leveraging data to visualize the condition of machines can reveal if productivity is constant and continuous. Constant monitoring gives you feedback on how your production line is doing. This enables you to more quickly find and react to the bottlenecks of your production line, decrease downtime and ensure higher overall equipment efficiency.
To learn more about this, check out the Performance Monitoring webinar, where we explore the Paulaner case study.
During Munich’s busy Oktoberfest, it’s important to keep the taps flowing. Paulaner serves up a liter of beer per tap every three seconds – any downtime could be detrimental to both the product and the experience. By monitoring the performance of the onsite beer tanks, operators are fed a constant stream of data about temperature, CO2 levels and fill levels. With this insight, they get instant notification about potential issues sent straight to cell phones. As a result, they reduce downtime, ensure consistent product quality, and increase operational efficiency by 20%.
Performance Monitoring and Collaborative Improvement Solution
A solution like Siemens’ MindSphere Performance Monitoring and Collaborative Improvement allows you to start collecting and analyzing your production data. Making sense of data leads to real monetary value: 86% of companies report an increase in profitability with machine monitoring and optimization.
Curious to learn more about this solution? Then join our webinar here: https://www.plm.automation.siemens.com/global/en/webinar/performance-monitoring/99961
And, when you’re ready, try MindSphere Start for free and learn how easy it is to get started with the IoT!