We’ll be at Apartmentalize, 2024 in Philadelphia. June 19-21, 2024. Schedule a Time to Meet us.

PRODUCTS

Workforce skills simulations training; anytime, anywhere

Launch a job-ready certificate program for building trades

We’ll be at Apartmentalize, 2024 in Philadelphia. June 19-21, 2024. Schedule a Time to Meet us.

Hidden Costs of Downtime: Why Training Matters

Unplanned downtime is one of the most expensive challenges facing industrial and manufacturing operations. When equipment fails, it disrupts production, throws off schedules, and directly impacts revenue. Beyond the immediate operational setbacks, unplanned downtime often leads to emergency repairs, which are significantly more costly than scheduled maintenance. Not only do these disruptions bring operations to a halt, but they also shorten equipment lifespan, creating a cycle of inefficiency and unnecessary expense.

The True Cost of Unplanned Downtime

The impact of downtime varies across industries, but according to the 2024 State of Industrial Maintenance report, the average cost of one hour of unplanned downtime is approximately $25,000. For larger companies, this figure can soar to 20 times that amount, making even brief disruptions incredibly expensive.

The longer a machine or system remains idle, the greater the revenue loss. Unplanned downtime can also create supply chain disruptions and delay shipments, making it a critical concern for businesses with high production demands.

While the financial losses are substantial, the hidden costs of downtime can be just as damaging.

  • Decreased Customer Satisfaction: Consistency and reliability are key to maintaining strong customer relationships. Late deliveries and frequent delays damage a company’s reputation and decrease customer satisfaction.
  • Equipment Damage: Inadequate maintenance, improper use of equipment, and reactive repairs can lead to more frequent equipment breakdowns and a shorter lifespan. When machines are not serviced properly, minor issues can escalate into major failures, requiring expensive repairs or complete replacements.
  • Increased Energy Use: Poorly maintained equipment operates less efficiently, increasing energy consumption and contributing to higher operational costs.
  • Safety Risks: Unscheduled maintenance often means working under pressure, increasing the likelihood of accidents and creating hazardous working conditions.

Human Error: A Leading Cause of Downtime

Up to 80% of all failures stem from human factors, such as improper procedures, on-the-job mistakes, and insufficient training. When maintenance teams lack the proper skills, they may overlook preventive tasks, perform them incorrectly, or struggle to diagnose and resolve issues quickly.

These challenges are exacerbated by a skilled labor shortage as experienced technicians retire, taking decades of knowledge with them. More than half of respondents—60%—in the 2024 State of Industrial Maintenance report said a skilled labor shortage is the leading challenge to improving maintenance programs, particularly as older technicians retire or leave the workforce.

Why Training is the Solution

Investing in maintenance team training is one of the most effective ways to reduce human error, extend equipment lifespan, and keep operations running smoothly. A well-trained team can:

  • Identify and Prevent Issues Early: Trained technicians can recognize small problems before they escalate into major failures.
  • Perform Maintenance Correctly: Proper training ensures essential tasks, such as lubrication and filter changes, are done right, extending equipment life.
  • Troubleshoot Efficiently: Knowledgeable teams diagnose and resolve issues faster, minimizing downtime.
  • Increase Efficiency: Well-trained teams respond faster, make fewer mistakes, and keep operations running smoothly with minimal interruptions.
  • Operate Safely: Proper training enhances safety, reducing accidents and injuries that can cause downtime, financial strain, and decreased morale. The National Safety Council estimates over 100 million workdays are lost annually due to injuries, each potentially costing over $100,000 in direct and indirect expenses.
  • Optimized Parts Management: Trained personnel accurately track inventory and prevent delays caused by missing critical components.

The Long-Term Benefits of Training

Beyond reducing downtime, investing in employee training yields long-term benefits, including:

  • Maximized Equipment Lifespan: Well-trained technicians know how to handle equipment properly, adhere to maintenance schedules, and identify early wear and tear, preventing major failures and ensuring long-term reliability.
  • Lower Repair Costs: Comprehensive training equips maintenance teams to diagnose and resolve issues correctly the first time, minimizing costly mistakes, repeat repairs, and urgent service calls.
  • Improved Employee Retention: Ongoing training fosters confidence, job satisfaction, and career growth, reducing turnover and hiring costs.

Research from the U.S. Department of Energy shows that shifting from reactive to preventive maintenance can save organizations 12% to 18% annually while increasing equipment reliability. Companies that invest in proactive training can see significant improvements, including:

  • A 32% reduction in unplanned downtime
  • A 53% improvement in work order completion rate
  • 250 hours saved per year

Transforming Teams with Interplay Learning

Interplay Learning’s career development platform is designed to equip your team with the knowledge and tools to troubleshoot more efficiently, maintain equipment properly, and minimize the expensive consequences of downtime. Our career development platform includes:

  • Skills Assessments: Objective assessments provide a baseline for each employee, identify knowledge gaps, and enable customized training plans to maximize your employees’ time.
  • Immersive Learning: Interactive simulations prepare maintenance teams for real-world scenarios, allowing them to practice in a risk-free environment. This hands-on approach boosts learning and retention, ensuring teams are better equipped for challenges on the job.
  • Certification and Safety Training: Certifications and safety training ensure employees follow best practices, meet compliance requirements, and develop essential skills.

Moving from Downtime to Uptime

Unplanned downtime doesn’t have to be an inevitable cost of doing business. By investing in high-quality training, organizations can empower their teams to prevent issues, maintain equipment effectively, and reduce costly disruptions.
Learn more about how Interplay can help you build a high-performing, proactive maintenance team.