Small business employers who have used OSHA’s On-Site Consultation Program services and operate an exemplary safety and health programs.
Downtime is a serious threat to any manufacturing business. A total of 82% of manufacturing companies have experienced unplanned downtime over the past three years, which can cost a company as much as $260,000 an hour. When unplanned downtime occurs, no value is being produced but the cost of overhead operations continues to grow, which directly impacts your bottom line. Downtime can happen for several reasons. Reducing the amount of time that production idles is crucial to increasing efficiency and improving your overall revenue margins. Let’s take a closer look at the main causes of unplanned downtime and how to overcome them. Machine Failure The most common cause of unplanned downtime is a breakdown, malfunction, or total [...]