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Your goal is clear--produce high-quality goods while optimizing resources at every step of production. And in today's uncertain economy, cost-control efforts may never have been more important. Unscheduled downtime because of equipment failure can have a serious impact on your organization's bottom line. Predictive analytics helps you in a number of ways: identify when equipment is likely to fail or need maintenance and take action to maximize uptime and reduce future warranty claims costs; optimize allocated labor resources and spare part inventories, helping eliminate undue maintenance, prevent downtime and reduce inventory costs; and determine why certain production runs fail more often than others, identify the cause and analyze whether those runs warrant a recall.

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IBM Corporation, IBM Corporation:White Paper, Predictive Maintenance for Manufacturing - How to Improve Productivity, Minimize Downtime and Reduce Costs, manufacturing operations, predictive analytics, downtime, it downtime, production, IT resources, Manu
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