How Much Can You Save by Predicting Tool Failures?

Many manufacturers accept a certain degree of waste on a regular basis, whether it be from machine downtime, damaged tools, or scrapped parts. These costs seem inevitable, as if there is no way to avoid them.

But what would a 30% or even a 15% cost reduction mean for your organization? If instead of dealing with downtime and scrap parts, what if your shop floor could be producing quality parts instead? How much more revenue could you generate?

MachineMetrics has developed a new predictive calculator – and predictive, the company says, empowers manufacturers to diagnose, predict, and avoid these tooling and quality issues before they cost you time and money. The tool is designed to show companies what they can save by using MachineMetrics’ predictive analytics.