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$250,000 average cost of downtime in Manufacturing

In manufacturing, the average worker typically spends about 19% of their time searching and gathering information related to their role-specific tasks. This is average is significant considering that the average cost of downtime in the manufacturing industry costs approximately $250,000/hr.

When downtime occurs, troubleshooting personnel can quickly scan a Scanmatics QR code located on the asset that is directly responsible for downtime and access relevant machine documents needed for troubleshooting (e.g., wiring diagrams, procedure manuals, user manuals, PLC and HMI programs, and any other file types).

Ditch the unconventional methods of storing and retrieving critical machine documents and switch to Scanmatics.

Source: International Data Corporation (IDC); McKinsey Global Institute analysis

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