When equipment fails, when breakdowns happen, they create major —and multiplying — aggravations for construction and industrial MROcrews. They’re the kinds of aggravations that can impact your businesswell beyond the job at hand.
Workers still get paid, even when the work is at a standstill. Projectsgrind to a halt, or production processes stall, hurting your delivery schedule. All told, the costs of equipment downtime can ratchet up into the millions — in lost production and missedprofits.
Some industrial equipment experts believe downtime costs in businesses reliant on heavy equipment can equal 1 to 3 percent of annual revenue — which can translate into 30 to 40 percent of profits.
So in multi-billion-dollar categories like construction and MRO, downtime is especially bad for
The crucial solution? Superior emergency response to minimize downtime. Find out how. Download this white paper.>