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Avoid Full Operations Shutdown with Predictive Maintenance
Learn how simple repairs and maintenance can have massive downstream implications. This manufacturer was able to drastically reduce the risk of plant shutdown, with each avoidance saving $20+ million per day cost.
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The Challenge
Must reduce plant out-of-service times
Results directly in lost revenue
Reduce unnecessary service crew travel costs
Predict life-time of factory components & machines
Predict machine failures that result in plant shutdown
Service needs before they become problems
Optimize maintenance schedule & crew utilization
Anticipate needs for replacement components
On-hand as needed, without extra carrying costs
The Solution
Unify data in end-to-end tire lifecycle
Raw material to finished product
Range of data sources in their models:
Sensor data from the plant operations
Log entries
Error and failure messages
Repair and maintenance service reports
The Impact
Drastically reduce risk of shutdown as result of:
Critical equipment failure
Parts for repair being unavailable
Each avoidance $20+ Million per/day cost
Likely to avoid 1-2 shutdowns per year
Related Resources
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