Reducing Operational Costs

Drive smart operational cost reduction

PTC’s proven service and digital manufacturing solutions address today’s biggest cost challenges: reducing labor, materials, compliance, field service, and overhead costs. We enable businesses to increase workforce productivity; reduce truck rolls; lower scrap, rework, and maintenance costs; improve industrial safety and compliance; and increase energy efficiency to achieve:

Up to 12%

- REDUCTION IN OPERATIONAL COSTS

Up to 92%

- FIRST TIME FIX RATE

Up to 60%

- INCREASE IN OPERATOR PRODUCTIVITY

Up to 50%

- REDUCTION IN SCRAP

Up to 75%

- REDUCTION IN TECHNICIAN ON-SITE TIME

Up to 20%

- REDUCTION IN COST OF QUALITY

Reduce operational costs to drive profits

Industry 4.0 demands industrial leaders track spend and invest for maximum ROI to stay competitive. PTC’s proven service and digital manufacturing solutions collect, analyze, and present data and actionable insights needed to reduce operational costs—without impacting production schedules or quality. See how you can:

Lower labor costs

Increase labor productivity and reduce labor costs by enabling improved expert knowledge transfer, enhanced SOPs, and smarter work instructions.

Lower materials costs

Manage materials costs by reducing scrap and rework with real-time asset monitoring, quality assurance, and digital and augmented work instructions.

Lower overhead costs

Decrease overhead costs through proactive energy and resource monitoring and maintenance management.

Lower field service costs

Reduce field service costs from service calls, warranties, and inventory through remote diagnostics, predictive maintenance, and more.

Lower compliance costs

Limit increased cost of compliance for both processes and products with augmented work instructions and IoT-enabled machine monitoring.

Lowering operational costs with PTC

See how PTC’s proven service and digital manufacturing solutions reduce customers’ operational expenses and support their digital transformation objectives

Woodward

Woodward reduced operating expenses and increased operational efficiency using PTC solutions to develop a Manufacturing Information System (MIS) and achieve seamless communication between machines.

Read case study

FlowServe

FlowServe saved their customer up to $16 million per hour in downtime cost by employing PTC’s industrial IoT solutions to access critical product data and intervene before critical failure could occur.

Watch Their Video