PLAY PODCASTS
The Cost of Downtime in Manufacturing
Episode 947

The Cost of Downtime in Manufacturing

Peggy Smedley Show

November 26, 202515m 49s

Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

Peggy unpacks the numbers that show the cost of downtime in the manufacturing industry, saying organizations need to treat reliability as a core business strategy. She says we need to start taking a proactive approach to downtime prevention and leverage AI (artificial intelligence) and the IoT (Internet of Things). She also discusses:

  • How many U.S. manufacturers were hit by unplanned downtime in the past year.
  • How much money of lost capital there is every week.
  • How many say their companies take a reactive approach to maintenance. http://peggysmedleyshow.com