Downtime directly impacts Productivity and Revenue
Unexpected downtime in factories can be extremely costly, as loss of industrial output has a direct, negative impact on revenue.
An unexpected factory shutdown can cause loss of work in progress, wasted resources, and potential future losses if a restarted production line does not immediately produce output that meets specifications.
Production facilities take days to stabilize after a restart before the output product qualifies for release. If the downtime is due to a catastrophic failure, there could be consequential environmental pollution, collateral damage, legal ramifications, injuries, and even loss of life.
In Process led manufacturing individual items are assembled or fabricated on production lines. This can include anything from cell phones to automobiles. Certainly, some of these lines move very quickly so uptime is critical.