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ARTICLE
Prevention is better than cure
25 January 2013
Visitors to the Schaeffler stand will see a comprehensive range of products and services for the maintenance and condition monitoring of plant and machinery. The theme of the stand is 'Prevention Is Better Than Cure'

Visitors to the Schaeffler stand will
see a comprehensive range of
products and services for the
maintenance and
condition monitoring
of plant and
machinery. The theme
of the stand is
'Prevention Is Better
Than Cure'.
Although the cost of a machine component is very small compared to the total cost of the machine, the cost of production downtime and any consequential losses as a result of the component failure, can be significant.Manufacturers need to ensure that high value plant and machinery is adequately insured against the cost of unforeseen breakdowns. Schaeffler suggests using a risk management approach, whereby risk assessments are carried out regularly to see what effect breakdowns would have on critical, bottleneck machines and equipment. Stand D3
Although the cost of a machine component is very small compared to the total cost of the machine, the cost of production downtime and any consequential losses as a result of the component failure, can be significant.Manufacturers need to ensure that high value plant and machinery is adequately insured against the cost of unforeseen breakdowns. Schaeffler suggests using a risk management approach, whereby risk assessments are carried out regularly to see what effect breakdowns would have on critical, bottleneck machines and equipment. Stand D3
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