Cost of Downtime and Calculation
John Henry has produced a number of useful tips on how to reduce changeover downtime and improve changeover precision. In this month’s video John discusses the cost of changeover (and other downtime).
He shows how even small daily losses result in humongous annual losses. He explains his 10W-40 rule: 10 minutes of wasted daily time adds up to more than 40 hours of annual lost production.
He then demonstrates his Downtime Loss Calculator.
It is good to know how to reduce changeover time. Unless you can demonstrate why it is so critical, it can be hard to generate support for the efforts. This video will help.