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How to Calculate ROI of a Machine Monitoring System
At a high level, calculating ROI of any piece of software or hardware is simple: You measure the cost of the goods and services versus the benefits that they provide. Calculating the ROI of Machine monitoring software follows the same rule. You measure the cost of the software versus the benefits. For machine monitoring software, […]
How to Reduce Manufacturing Costs with Machine Monitoring
The profitability of manufacturing operations depends heavily on the ability to keep fixed and variable costs to a minimum. How do you reduce costs in manufacturing? Where do you look for cost reduction opportunities? With a properly integrated machine monitoring system, you can find cost reduction opportunities, and prioritise them using real data. This article will […]
Downtime in Manufacturing: Causes, Costs & How to Reduce
Downtime in manufacturing is an unavoidable reality. Value add operational downtime events such as servicing and tool set ups are inevitable components of the manufacturing process. These are inherent costs associated with manufacturing operations. Non-value add downtime events however, represent a distinct challenge. As a manufacturer, your primary objective should be to minimize unplanned downtime as […]
Full Guide on Machine Monitoring System in Manufacturing
How to use an Energy Management System to Cut Costs and Win Business
The goal of saving the planet is noble (and necessary). However, most manufacturers are more immediately concerned with saving money. If you’re looking to save on costs through energy management, ultimately you need to turn energy insights into cost savings. Below we run through some specific examples of how to drive savings and win more […]
Energy Management Systems – A Complete Guide
As businesses grapple with rising energy costs and stricter emissions standards, adopting EMS has become essential. These systems help organisations monitor and optimise their energy consumption and significantly reduce their carbon footprint, enabling compliance with carbon emissions reporting frameworks and fostering the transition to renewable energy sources. Did you know? The potential of EMS is […]
Energy Efficiency in Manufacturing: Policies & Incentives
Energy efficiency is a fundamental component of the European Union’s plan to achieve carbon neutrality by 2050. By systematically reducing energy consumption and improving energy usage across sectors, the EU aims to decrease greenhouse gas emissions, strengthen energy security, and reduce reliance on fossil fuels. This article delves into the EU’s energy efficiency policies, the […]
How to Find Energy Efficiency in Manufacturing: Buildings
In the world of manufacturing, energy efficiency is no longer a mere option—it’s a strategic imperative. As energy costs soar and sustainability targets tighten, manufacturers are under pressure to do more with less. Optimising energy consumption not only reduces operational expenses but also aligns with global goals to minimise environmental impact. However, the focus often […]
What is an Energy Audit in Manufacturing?
An energy audit in manufacturing isn’t just a routine check; it’s a game-changer. It identifies opportunities to optimise energy usage, reduce energy consumption, and slash those utility bills. Imagine this: your manufacturing facility is running at full throttle, but behind the scenes, energy is slipping through the cracks. From skyrocketing energy bills to wasted energy […]
