Manufacturing Industry
History
The global manufacturing sector has undergone a decade of increased production and reduced manufacturing cost, while a severe recession choked off demand. Furthermore, manufacturing employment fell at an accelerated rate in advanced sciences. Consequently, manufacturing remains critically important to the developing world. Also, manufacturing is a vital source of innovation and competition, making major contributions to research and development, exports, and productivity. However, the manufacturing sector has changed—bringing both opportunities and challenges. Neither business leaders nor policy makers can rely on old responses in the new manufacturing environment.
Present
New technologies dictate new methodologies, new types of machinery, as well as a new way of operating, maintenance, and service. In this high-speed environment any new solution, after it has been thoroughly tested, finds itself accepted. It will be deployed by different manufacturing sectors, such as automotive, automation, beverage, pharmaceutical, food, produce, etc. Our analyses show that the main savings in downtime losses is the reduction of downtime by minimizing troubleshooting time and the subsequent repair.
Future
Downtime Reduction Group is offering a number of revolutionary solutions which will allow manufacturing companies to reduce their outage by 50%. When existing solution in the market place offers downtime reduction using one approach or another, their ROI – return on investment – is rarely less than 12 months. In comparison, the Downtime Reduction Group offers ROI solutions from 3 to 6 months, on average.
