It has been revealed today that preventable machine downtime in the UK manufacturing industry is costing manufacturers a staggering £180bn every year.
At a time when the UK Economy sets-out to re-establish itself as an economical, industrial and technological powerhouse on the global stage, the knowledge that over £180bn can be added back to the economy by controlling preventable manufacturing downtime will certainly come as positive news.
The comprehensive research commissioned by Oneserve, the award-winning field service management company, exposes the cost and time implications associated with traditional current machine maintenance methods.
It is truly shocking to see the scale of losses businesses endure due to machine downtime
Discussing the findings Chris Proctor, CEO of Oneserve commented “Whilst unsurprising, it is truly shocking to see the scale of losses businesses endure due to machine downtime. It is clear that existing maintenance processes aren’t working and the time has come for predictive methods to become the norm – not the exception. I hope that in light of these findings, businesses can take control of machine downtime and ensure they are working to deliver the best possible service for their customers.”
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