No More Downtime: Top 5 Loop Metrics for Avoiding Mechanical Failures
Simply put, downtime of any variety is expensive. When the typical manufacturer generates annual Net Income in the single digits, it’s painful knowing that an average of 5% of production and 30-40% of profits are lost to events that are in large part avoidable.
Monitoring and diagnostic tools have been accepted as a means for both anticipating equipment failure and avoiding unplanned downtime. Those monitoring technologies are no longer focused narrowly on the analysis of rotating equipment. Available solutions now leverage insight from a readily available source – the PID control loop.
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