WEBCAST: Measure your equipment's total cost
ITT Industrial Process Group to discuss three critical factors in calculating TCO at September 30 Webcast.
Life-Cycle Costing: Essential Medicine for Surviving the Recession
September 30, 2010 02:00 PM EDT
Plant Engineering Editor Bob Vavra and experts from the ITT Industrial Process group will share an overview of a life-cycle costing formula and specific thoughts on ways to improve your bottom line. They will provide best-practice benchmarks for managing three critical factors that significantly influence the total cost of ownership for equipment, and the total operational costs for a manufacturing plant:
o Energy Consumption
o Maintenance Expense
o Inventory Management
By applying the same costing methods and operational practices in these areas as manufacturing leaders, attendees will learn how to survive and even improve profitability during the recession.