The true cost of downtime

People need down time. Electronics manufacturers don’t. That is to say, they really don’t like it very much.

Why it matters

According to industry experts, downtime in the electronics manufacturing industry can cost a company up to $100,000/hour. So, it’s understandable that downtime is the #1 factor for many manufacturers when choosing its next floor.

Going deeper

StaticStop’s interlocking ESD flooring products minimize downtime. Depending on the layout of operations and the facility, the size and weight of the equipment and machinery, and the condition of the existing floor, the elimination of down time altogether can be a possibility.

The evaluation and strategy for minimizing down time is one of many things we discuss with clients prior to purchase. That conversation starts with knowing exactly what your downtime cost is. Here’s a basic formula:

Downtime Cost= (Lost Production Output per Hour) × (Profit per Unit) × (Downtime Hours)

Conclusion

Of course, a damaged floor can lead to bigger problems beyond downtime (e.g., sick time, workers’ comp claims, mechanical breakdowns, etc.). If you’re due for a new floor and downtime is a big concern, let’s have a conversation and see what we can figure out. Call 508-583-3200 or drop a line.

And enjoy your downtime over this 4^th of July weekend.

Removing a single tile

SelecTech President Tom Ricciardelli demonstrates how easy it can be to remove a single SelecTile tile from an existing installation.