Here is some food for thought on continuous improvement initiatives. This is related to Total Productive Maintenance (TPM).
The process is through sessions involving cross functional teams to discuss ways and means of improving the reliability / availability / efficiency / of an equipment or a whole system. This would lead to some savings in the operations of equipment and systems and moreover, improves the team cohesion.
Read the linked article to learn more about it. Try implement on a pilot equipment to try the efficacy of the process.