Loss Monitoring And Categorization

All manufacturing industries suffer a variety of different performance losses including production losses, product quality losses, energy losses, raw materials losses, environmental/regulatory losses and others. These losses can negatively impact profitability, environmental stewardship, and even license to operate. A manufacturer needed a way to gain insight into the leading causes of production losses, finding those times when equipment was not running at capacity and categorizing the loss by reason. They desired a quick, easy way to summarize the quantity of production losses caused by a given category to inform potential capital investments and ongoing improvement projects. Read the full case study to learn more.