Reliability programs are now standard business practice in companies that rely heavily on machines, equipment, and other physical assets. But, in today’s lean economy, companies have fewer resources than ever to manage and maintain these assets.
Learn how to win the race against equipment failure while realizing financial benefits in Plant Engineering’s eGuide: How Equipment Reliability Delivers Profits.
Click here to register for this informative eGuide about how to win the race against equipment failure.
What separates the top performers is a focus on the factors they can control - including maintaining efficient operations and analyzing the total lifecycle costs of their equipment. Pumps typically consume more energy than any other equipment category in continuous process industries. What’s more, according to a recent study by the FiveTwelve Group, the average annual expense for pump system maintenance and operations is approximately 50% greater than for any other rotating machine.
Companies that operate large numbers of pumps also need to focus on their energy costs. But too many organizations consider these costs separately, when in fact they are closely linked.
Every watt of excess energy ”pumped” into a motor system converts to vibration or heat that creates excessive wear on a pump or the rotating machine. Focusing on pump efficiency can deliver three benefits at once, and a comprehensive program for managing pump operating costs, through system optimization techniques, will identify and eliminate inefficiencies in pump reliability, energy and maintenance.
Click here to register and read this informative Plant Engineering eGuide on how to realize financial benefits through pump optimization.