Maintenance Technology April 2016 - (Page 24)

EQUIPMENT OPTIMIZATION Look System-Wide For Cost Savings Evaluating equipment systems and associated processes throughout your plant can yield substantial low-hanging, waste-reduction fruit. FOR A VARIETY OF OBVIOUS and not so obvious reasons, it is more important than ever for manufacturing operations to explore system-wide cost-reduction strategies. While there are numerous areas in plants where costs can be reduced, the one that provides substantial savings opportunities for any enterprise is energy consumption. According to the Energy Information Administration, Washington, the average cost of electricity per kilowatt dropped for the industrial sector of the economy from December 2014 to December 2015. This should not, however, reduce focus on this area as a potential gold mine of costreduction opportunities. As most involved in manufacturing are aware, each time energy is converted from one form to another, energy loss occurs. This, combined with loss associated with supply and 24 | MAINTENANCE TECHNOLOGY distribution, accounts for a high percentage of the annual energy usage in manufacturing. Identifying the need Consider the manufacturing of forest-products: Only about half of the energy consumed by those types of operations is used directly in processes that lead to finished goods. As much as 45% of the purchased energy is wasted through generation (18%), distribution (12%), and conversion or mechanical inefficiencies (15%). Despite conventional wisdom, however, generation is not the best place to start when it comes to reducing energy waste. Typically, cutting generation energy waste requires large capital investments that take years, sometimes decades, to recoup. Distribution and conversion, though, are ripe APRIL 2016

Table of Contents for the Digital Edition of Maintenance Technology April 2016

My Take
Uptime
On The Floor
Culture Changed At This Indiana Refinery
She Ignores The Glass Ceiling
Loadability Studies Aid PRC-025-1 Compliance
Look System-Wide For Cost Savings
Reliable Pumping Supplement
Fund Lubrication Program With Energy Savings
Emergency-Stop Choices
Cyber Security
Backup Generators
Infrared Safety Tips
Internet Of Things
ISO 55000
Motor-Testing Tools Expand Services
Products
Showcase
Ad Index
Final Thought

Maintenance Technology April 2016

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