Equipment downtime gets expensive fast in automotive and aerospace manufacturing, a risk many companies try to mitigate by storing spare parts onsite. A machine breaks down, haul out the parts and hopefully you’re back in business with minimal disruption.
The problem is, manufacturers get so wrapped up in hitting production targets that they don’t stop to ask why the machine went down in the first place.
The result? The equipment goes down again, whether two days, two weeks or two months later, causing additional downtime because the “corrective” action was never designed to last.