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Companies are taking a new approach to improve asset operating
performance and improve their Green Credentials
The current lean approach
of reducing waste in all its forms (e.g., inventory, downtime, and
non-value-adding paperwork) has lowered costs and increased
profitability, but today that's no longer enough, given the economic
and environmental uncertainty of energy. As a result, evolving lean
best practices now include monitoring and managing the energy
consumption of assets. The classic asset management view typically
ignores energy consumption, which in terms of cost represents 30% to
90% of most companies operating and maintenance expenses today,
excluding personnel. In contrast, the new operational goal is to
optimally manage for both operational success and energy efficiency.
Using sound lean practices, companies are now focusing on four major
areas of waste as they review asset performance:
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Availability - is
critical for the asset to serve the company as intended
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Performance - how
well the equipment is behaving compared to its operational
specifications |
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Quality - how good
an assets output is can have a material impact on the
company's margin |
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Energy consumption
- is increasingly costly, and has become an integral element
of asset performance |
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Sapphire
Think about this, a single 100-hp motor running continuously at 95%
efficiency over a five-year period will cost a company close to
£350,000 in energy (10p/kwh). If the same motor consumes just 5%
more energy due to suboptimal operation (e.g., energy waste), it
will cost almost £17,500 more to operate and will generate
significantly more CO2. By monitoring energy usage, companies can
gain a view of the asset's true operating costs and take the
appropriate action to reduce their operating costs and lower their
green house gas emissions.
Infor EAM Asset Sustainability Edition is a natural evolution of the
widely used Infor EAM solution. Infor EAM Asset Sustainability
Edition integrates energy management with asset management. With
Infor EAM Asset Sustainability Edition, Infor has redefined
enterprise asset management from a solution that helps you maintain
and extend the life of your assets to a solution that also can help
you lower costs and reduce CO2 emissions by reducing your energy
consumption.
As your business continues to respond to consumers and regulatory
agencies who demand a more environmentally conscious approach, it
makes good business sense to include asset management as part of
your CSR and green strategy.
Sapphire is one of the largest independent providers of financial
accounting and business management solutions in the UK and Europe.
Headquartered in the City of London, with regional operations around
the UK, USA and with multi-lingual capability, Sapphire has the
skills and expertise needed to help you meet your business
objectives like no other.
For more information on any of Sapphire's products and solutions
then call us now on 020 7648 2000 or email
info@sapphiresystems.com
If you are interested in finding out more about Infor EAM
Asset Sustainability
Edition
from Sapphire Systems
-
CONTACT US
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