Reducing Downtime in Manufacturing: Five Things to Consider
Internet of Everything, Digital Business, Manufacturing, Core Networks, Security
Source: Eric Ehlers
Toyota has long been known for its stringent quality standards and innovations in automotive manufacturing. Manufacturing is all about efficiency, and down time is the enemy of efficiency. In a facility like the AW North Carolina (AWNC) factory, one hour of down time costs the company $270,000. Part of the Aisin group, AWNC manufactures 600,000 transmissions a year for Toyota. Toyota depends on AWNC to produce 3,000 transmissions every single day. AWNC has been excelling at this — they have the best margins, yield, and quality levels of all of Aisin’s 200 factories.