Equipment downtime and dwell are some of the major reasons manufacturing businesses and logistics companies lose valuable time and money. With increasing demand, faster delivery timelines, manufacturers are working round the clock. But unforeseen circumstances like equipment breakdown, accidents, weather-related issues, or road closures, etc. can cause companies to lose out, making production and delivery slower and more fragmented.
One such leading manufacturer, is a production company that also deals with transporting and storing its consumables. The company faced operational challenges due to unexpected breakdowns of machinery, erroneous predictions of vehicle and machine maintenance, etc., which caused downtime and high maintenance costs.