A profit-per minute metric can really optimize operations. The chemical industry is discovering that it needs better tools to help capitalize on the products and maximize profits to generate cash faster. It needs a new metric: profit per minute.
Ignoring climate change could eventually damage economic growth, according to an authoritative report, says Mike Spear, editor at large, in this month's End Point column. Read more on the economics of climate change.
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.
End-of-life and other product stewardship initiatives will impact chemical plants. An agreement to lessen the environmental impact of chemicals production will have global ramifications. Meanwhile, European end-of-life directives on electrical and electronic equipment already are having a worldwide effect.
Things are changing at warp speed. Manufacturing companies are collecting large volumes of data from data systems but improvements are possible only if the data are analyzed and developed into useful business parameters.
The compressed air industry is taking a step that will clear the air about the performance of its equipment. For the first time, many compressed air equipment manufacturers will submit their 50 hp to 200 hp lubricated rotary-screw compressors and 200 cfm to 1,000 cfm refrigerated air dryers to an independent laboratory for performance testing.
The new market realities of higher and rising energy costs as well as global pressures to reduce fossil fuel intensity have made energy management tracking much more valuable. Learn how to keep energy productivity programs from running out of gas in Peter Garforth's latest Energy Expert column.
For you to succeed in advancing your strategy, while keeping the peace, you must meet many challenges motivating personnel and juggling the integration of changes. The solution is better plant-wide communication and understanding of the alarm philosophy.
Author: Roy Tanner, and Rob Turner ABB and Jeff Gould, Matrikon
Automation systems have now reached such a high degree of reliability that many personnel at plants now take them for granted. Learn to use digital communication with your asset management tools to achieve predictive maintenance and substantial savings.
A successful handover between shifts heavily depends on the organizational skills of management and the effective use of the communication tools available. Learn what these tools are and get the most out of your operators.
Author: Ian Nimmo, User Centered Design Services, LLC
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