Monday, 29 March 2021

Condition Monitoring and the Associated Costs

 

This blog gets down to business regarding the topic of condition marketing and associated costs.

Let’s get down to business.  Condition monitoring. What is it?  It’s the way that companies increase productivity, reduce breakdowns and repairs, and make more money all at the same time.

What? How?

The equipment alerts factory supervisors should a machine be vibrating excessively, under too much pressure, or sweating due to high temperatures.  When the supervisor is aware of problems, before they explode (perhaps literally), there is a better chance of quick repair.

A big problem could lead to a shut down.  That means calling in repair personnel and paying for new parts of replacing the machine altogether.  I’m seeing dollar signs.

Significant Decrease in Maintenance Costs

Every company wants to have a maximum return on investment (ROI).  Who hasn’t seen an episode of a business-themed television program where some hotshot wearing an expensive watch isn’t asking about the ROI?  It’s the lifeblood of the business world these days.

 

Making money enables the factory to reach more people, better achieving its mission.  When we solve problems, we help the planet.  If we can profit on the process, all the better.

 

The best way to profit is to reduce risk by addressing concern problems before they occur.  Running to breakdown is rarely the best business plan.  If your machines are vibrating all over the factory floor, giving out a terrible screeching or banging sound, you need to get on that.

 

Take condition monitoring by Allen Bradley, for example.  It helps measure vibration, even in difficult situations where high temperatures occur. That’s going to make for a more profitable machine.

 

In economics, people talk about maximum production output. Yes, let’s get the widgets out at the highest rate possible.  We have to meet demand!

 

If productivity is the name of the game in your business, and you have machines that vibrate, you need to keep track of how that machine is doing.  If the machine breaks down, there goes your product!

 

Most businesses can’t afford the downtime.

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