Visible and Invisible Costs, Paper360º September/October 2019
Implementation of better maintenance practices can typically yield improved safety and 1-5 percent increased quality production throughput, followed by 10-20 percent lower costs for maintenance. This is achievable within 2-7 years in many companies, so why do some fail to generate these results?
Improving manufacturing reliability, safety, and maintenance costs can only be achieved through people. So, a long-term strategy cou-pled with a tactical implementation plan and engaged, visible leadership is a must.
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