The basic principles of Lean Manufacturing date back at least to the 18th century. In Poor Richard's Almanack, Benjamin Franklin wrote, He that idly loses 5s. [shillings] worth of time, loses 5s., and might as prudently throw 5s. into the river. He that loses 5s not only loses that sum, but all the other advantages that might be made by turning it in dealing, which, by the time a young man becomes old, amounts to a comfortable bag of money.
Many companies decide not to build up certain capabilities in-house mainly because they dont have sufficient regular demand for them. Gamma scanning of distillation columns is a case in point, but on-site scanning specialists may be the wave of the future.
More attention to mercury and increased acceptance of predictive approaches is emerging. Such monitoring not only can keep plants on the right side of regulators but also can help provide insights for optimizing operation of equipment.
More attention to steam systems and trap monitoring provides big benefits. At most chemical plants, plant management and operators face increasing pressures to improve the energy efficiency of their processes, so they should see how they can save on steam.
Increasing interest will translate into far more monitoring applications. The worldwide market for wireless technology will grow 26% annually over the next few years, forecasts the ARC Advisory Group. Vendors are responding and key concerns are being addressed.
Last months ISA Expo in Houston clearly showed how much attention wireless technology is attracting. However, concern about the reliability and life of batteries remains an issue. Thats why harvested or scavenged power is attracting interest.
Because many environmental applications of nanotechnology will almost certainly revolutionize the science, law, and regulation of water pollution, readers are urged to keep abreast of this fast-changing area.
Outsourcing of non-core operations within a company, large or small, is now a well established corporate strategy. By entrusting services such as IT support, accounting, human resources and other back office activities to specialist firms prepared to do the job at an acceptable price, chemical companies can concentrate on their main business where they are the specialists. That's the theory, at least.