Graph cost analysis from BIN equipment downtime survey.

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Graph of Downtime Cost

More Graphs: Cost OEM PLC Time Reports

(Note: These online graphs where generated in 2001, valid survey participants receive a current report by email.)

Monthly T&M Cost

Industry

_ = Number of Employees not revealed

_ = 0 to 30 Employees

_ = 31 to 50 Employees

_ = 51 to 100 Employees

_ = 101 to 200 Employees

_ = 201 to 301 Employees

Analysis:

This graph shows us facilities with greater than 100 employees can experience exponential increases in T&M cost. Two causes for this trend can be...

1. Employee "Empowerment" style management not being used.

2. Insufficient technically trained support personnel.

(Don't be fooled by the low bars for the "Paper" industry. The survey participants did not supply monthly T&M cost. This could be a result of participants not being aware of cost, or not trusting that they remain anonymous in this survey. :>)

Lost Production Cost

Industry

_ = 0 to 30 Employees

_ = 31 to 50 Employees

_ = 51 to 100 Employees

_ = 101 to 200 Employees

_ = 201 to 301 Employees

Analysis:

This graph shows us just how unaware each industry is, of the "True Cost" of downtime. For example it has been calculated in some paper facilities, that a corrugator down cost $10K per hour. One might construed the bar for paper industry indicates the corrugator has not been down for more than an hour the entire year!

The graph indicates the Automotive, Food and Metal industries are most aware of "True Cost" of downtime.

Once the tools and articles at bin95.com are used to calculate, track, and benchmark the "True Cost" of downtime, this information should be used in daily management decisions. (Such as repair or replace.)

More Graphs: Cost OEM PLC Time Reports

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