To help organizations needing emergency safeguarding support services, Rockford Systems, a premier provider of machine safeguarding and combustion safety solutions, today announced the expansion of its RS360™ workplace safety portfolio with a new emergency response service. Customers can schedule a remote or onsite assessment appointment for the same or next business day following an unplanned downtime incident or employee accident, depending upon the severity of the situation.
In manufacturing, the financial cost of downtime can be significant. Enterprise Strategy Group (ESG) estimates the average downtime lasts approximately 1.5 hours, while other studies suggest a higher average of three to four hours. Factoring in idle employees, lost production, equipment repairs, catch-up overtime, and potential fines and lawsuits, and other variables, calculations put the typical downtime costs to industrial manufacturers between $30,000 and $50,000 per hour.