How Much Is Factory Downtime Costing You?
Downtime consultants say that almost every factory loses at least 5% of its productivity due to downtime, and many lose as much as 20%. To make things more complicated, 80% of companies are unable to correctly calculate their true downtime costs. The best way to avoid downtime and avoid downtime costs is by improving the skills and knowledge of your employees. A well-trained employee is better able to help your company avoid situations that can cause downtime. TPC Training has hundreds of live, instructor-led courses and self-paced digital online courses that can help keep your employees safe, save downtime costs, and keep your factory running.
To estimate what downtime costs your company, TPC Training has provided this Factory Downtime Cost Calculator. Fill in the metrics in the right-hand column to see your results below.
Downtime Cost Calculator
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0 hours
Total Downtime
Hours per day of factory downtime -
0 units/hour
Average Production Rate
Units produced on average per hour -
0 Units
# Of Units Unable To Produce
Units unable to produce due to downtime -
$0.00
True Downtime Costs
How much money is lost to downtime
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