PIRTEK True Cost of Downtime

Businesses Take a Hit When Machinery Goes Down, Unexpectedly … But What’s The True Cost of Downtime?

A piece of hydraulic equipment that hums along smoothly can contribute greatly to a company’s bottom line. That is, until a hose failure curtails operations.

Once that happens, the machine enters an undesirable condition known as “unscheduled downtime.” Why is unscheduled downtime so undesirable? Because it costs the company, sometimes a great deal and in ways that are less than apparent.

The main costs of downtime are not embedded so much in the efforts to get the equipment running again. Obviously, the biggest issue is that the idled equipment is not producing anything, not generating revenue — it’s at a standstill. In the meantime, the facility’s costs are still imposed on the business, as usual. The lights are likely still on, and the employees are still drawing their wages while productivity has taken a nosedive.

But that’s not all. Unscheduled downtime can saddle a company with even more employee costs than normal. Sometimes when a piece of equipment is down for a while and is finally restored, the employees have to work overtime to make up for the productivity deficit. Playing catch-up is often a costly endeavor.

If the downtown is too long, the business can also incur penalties resulting from delayed or missed deadlines on a contract.

There’s also a more intangible cost that goes beyond the calculation of dollars and cents. A business’ reputation is pure gold. Equipment failure can lead to unfulfilled orders, delays that force a customer into a bad situation. When that happens, it reflects poorly on the business with the idled machinery. And so, there’s a cost in reputation loss that sometimes accompanies equipment failure. It may not show up plainly in the balance sheet, but it’s a damaging cost, nevertheless. It impacts future opportunities.

A hose failure may carry an environmental cost as well. For example, a piece of earth-moving machinery that dumps its hydraulic fluid on a job site can contaminate the surrounding ecosystem and even invite fines.

There are several things a company that uses hydraulics can do to prevent downtime and the resulting costs. The first is to schedule regular maintenance and inspection. Examining hydraulic hoses for wear, cracking, poor fittings, and other signs of imminent failure is a simple way to stave off future trouble.

PIRTEK can come out to a facility on schedule to inspect the hydraulic hoses and fittings, helping ensure a failure doesn’t bring work to an abrupt, expensive halt. Proactive companies take advantage of this service to keep things operating before the trouble begins.

Replacing aging hoses during scheduled downtime is always preferable to the emergency that ensues when one of them ruptures.

It’s also important to address a hose failure quickly when productivity is on the line. A call to PIRTEK will bring a technician onsite within an hour. Techs are trained to customize the hose and fittings from the Mobile Service Vehicles and to do so efficiently. Contrast that scenario with this one: A hose ruptures and an employee (often with little or no hydraulics training) removes it, then begins searching around town for a compatible replacement to install. During that time, PIRTEK can be in and out, with the job complete and the machine running again.

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About PIRTEK USA No one replaces hydraulic and industrial hoses faster and more reliably than PIRTEK USA, with our onsite, 24/7 mobile service. When a hose fails on a piece of equipment, a single call brings a PIRTEK Mobile Service Vehicle to you. Our ETA arrival time of one hour lessens expensive downtime and eliminates the need to go out looking for hoses or fittings. There are 89 PIRTEK Service & Supply Centers across the United States. Internationally, PIRTEK boasts a network of more than 400 locations and 2,000 Mobile Service Vehicles in 23 countries. PIRTEK: We’ll keep you operating. www.PIRTEKUSA.com.