I wanted to share my guest post over at the PharmaEvolution.com blog, Justifying New Tech Investment When the Plant Is Running Full Out. It can often be challenging to justify investing in new technology when a plant has spare capacity, as Michalle Adkins mentioned...
automation project justification
Automation Project Justification when not Running at Capacity
Justifications for automation investments can be based on many factors—increasing revenues, reducing costs, increasing working capital efficiency, and maximizing the return on fixed capital. How do you justify automation investments from a production process not...
Additional Measurements and their Financial Impact
I continue to mine all the great presentations from the Emerson Exchange event in Anaheim last fall. Here is a recap of another one, How Much Is Another Measurement Worth?, by Emerson's Doug White. You may recall Doug from many earlier posts on project justification...
Dr. Doug White Receives AIChE Fuels and Petrochemicals Award
I heard a few weeks back that Emerson's Dr. Doug White, was going to be honored by the American Institute of Chemical Engineers (AIChE). I was sworn to secrecy, which is not an easy thing for someone with an itchy finger on the "publish" button. Since the press...
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The opinions expressed here are the personal opinions of the authors. Content published here is not read or approved by Emerson before it is posted and does not necessarily represent the views and opinions of Emerson.