One of the key benefits of continuous condition monitoring is that it acts as an early warning system – giving maintenance teams advance notice of subtle changes that, if left unattended could degrade into more permanent damage or a failure. In late June, one of our chemical and fertiliser manufacturing customers provided feedback to us about an alert they received.
As many of us know, manufacturing in Australia continues to be a vital contributor to our economy, the sector continues to grow and turn out world leading products. But there is continued pressure on the sector – Are we cost competitive? Is our labour cost too high? Can we innovate? How do we grow when we don’t have the scale of overseas markets like Asia, Europe, or the Americas?
According to the Australian Industry Group (Ai Group), our national Manufacturing industry has been expanding consistently with 25 months of uninterrupted growth (1), the longest run since 2005. On the other hand, it is no secret the sector is under pressure to transform. Traditional production methods and business models are being disrupted as digital technologies advance the capabilities of the industry.
The MOVUS Customer Success team were very busy crisscrossing rural Victoria last week as two new Predictive Maintenance projects kicked off.