The Financial Advantages of ACE’s Spare Parts Program
In the fast-paced world of forging, every second of downtime can significantly impact production schedules and, consequently, the bottom line. Unplanned downtime can result in substantial financial losses, not only from halted production but also from the subsequent rush to procure and install necessary parts. According to a study by Aberdeen Group, 82% of companies have experienced unplanned downtime over the past three years, costing industrial manufacturers an estimated...