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Component Failures

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.

Would you like to save your plant $1,000,000 this year? PSI’s award-winning Repairable Asset Control (RAC®) service offers on-site management of MRO parts and manufacture of obsolete/legacy components.