Contributed by: Mark Bell, Empower Energy
Technology, Make the Commitment
to Energy Management.
Regardless of the business you operate, implementing an
effective Energy Management plan is a proven strategy for cutting
and controlling costs with excellent returns. Integrating
your Energy Management plan into your overall Supply Chain, and
treating energy as an asset rather than an expense, could have a
dramatic return on your bottom line.
A recent report by Aberdeen Group entitled "
Energy Management, Driving Value in Industrial Environments"
pointed to several important key metrics of manufacturing
organizations with effective Energy Management reports. Such
as:
- Best-in-Class companies are able to reduce energy consumption
by 15% as compared to Laggard companies, who increased the energy
consumption by 6%.
- Best-in-Class companies are outperforming their corporate goals
for operating margin by 14%.
- Best-in-Class companies realize 90% Overall Equipment
Effectiveness, which is 24% higher than Laggard companies.
- Best-in-Class companies gain real-time visibility into energy
data by being three-times as likely as Laggards to adopt energy
management systems.
- Best-in-Class companies are two-times as likely as Laggards to
take energy costs into consideration while scheduling
production.
According to a recent report from McKinsey & Company,
Unlocking Energy Efficiency in the U.S. Economy, "The industrial
sector offers 3,650 trillion end-use BTUs of NPV-positive energy
efficiency potential, equivalent to 18 percent of its forecast
energy consumption in 2020." Contrast that to the sobering
fact that, per the U.S. Energy Information Administration, world
manufacturing energy consumption is projected to increase by 44
percent from 2006 to 2030.
By leveraging existing, and improved, Supply Chain systems,
equipment automation, and existing energy assets, manufacturers can
better measure and monitor energy consumption within their
facility. The effective management and monitoring of equipment
loads allows for more effective peak-demand management (a
considerable component of a utility bill) and improved automation
of production processes for optimal energy asset management.
That energy is essential is a given-without it no company would
be in business. Thus all businesses must manage energy to an
extent, if only to ensure its availability. Beyond that basic need,
decisions relative to energy options and opportunities will depend
on how significant the cost and environmental effects of energy are
to business operations, broader business strategy and positioning
considerations.
Read more on how to
Make the Commitment to Energy Management.
To find out more about how www.empoweret.com
can ssist you in optimizing Energy decisions contact Mark
C. Bell at 404.681.3270.