Case Study: Corrective Action Plan for Component Failures
PSI Repair Services helps customer save $250k annually by increasing mean time between component failures
| Customer: | Transmission Plant |
| Challenge: | The customer wanted to document the timing of component failures by number, area and hours so they could develop a Corrective Action Plan. |
| Root Cause: | PSI assigned a full-time employee to barcode and track components by area and machine, as well as record the number of hours between failures. |
| Result: | Component failures were greatly reduced, resulting in a savings of $250,000 year-to-year on the cost of repairs, warranties and reduced downtime. |
