Thursday, April 10, 2014

Tips On Production Plant Performance Assessment

By Juana Buchanan


Staying up to the moment with regular production performance assessment is the key to success. Every manufacturing or service industry should be aware that they need to constantly update and improve on their productivity. Efficiency is the key to success in any business venture.

Many people are involved in the design, research and development of a new product or service. Using computer assisted programs they can make very accurate predictions about the running costs and potential profits of many items. These are useful for a number of reasons, probably the most important being the need to attract investors. Using good production plant performance assessment strategies is very important.

Consumers today list the environment as one of their biggest concerns. They understand that it is crucial to protect our planet and do everything possible to reduce pollution and our dependence on fossil fuels. With this is mind alternative energy sources have become big business. Many local authorities are looking at installing wind and solar systems. However, cost and productivity are always at the forefront of the discussion and plant performance is crucial.

Everyone involved in the project must be able to see the long term value and potential returns of making a huge investment in wind turbines. These are also very controversial as some people feel that they spoil the view and create noise pollution. These people must be able to see that by installing a wind farm they will gain enough of a benefit to cover the negative aspects of the plan.

Wind and solar power generators also have the advantage of producing lots of data that can be studied to make them more efficient. Running at peak efficiency is what makes a system viable. The data is so incredibly valuable because it provides the key to seeing exactly which areas are running well and which need attention.

Although it is environmentally friendly, alternative power must also be cost effective. Before buying into the system a town, city or country must be thoroughly convinced that it is a cost efficient option. This can typically be done by presenting them with up to date figures that show the production capacity, expected range of life for the system and investment figures. All of these can be correlated to show a projected income for the next ten or twenty years.

Performance monitoring should be on going. This is the only way to make it as efficient as possible. Every aspect of the system must be evaluated on a regular basis. This will help to highlight any problems very quickly. Any aspects of the system that are under performing should be carefully evaluated and a remediation plan put in place.

Should a system be found to under perform from the expectation it is important to begin an audit right away. This will typically show which areas are functioning well and which need attention. A thorough plan of remediation and recovery can then be constructed and applied. Constant evaluation is the key to efficient running of a production plant and will help to attract new customers and investors.




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