Economics and the environment

The terms “environmentally responsible” and “financially rewarding” have not typically been associated. However, in today’s economic climate, operating your business in an environmentally responsible way is no longer an option, it’s a necessity. At the time this article was written, oil prices had blown through $107 per barrel, the cascading effect of which ...

04/01/2008


The terms “environmentally responsible” and “financially rewarding” have not typically been associated. However, in today’s economic climate, operating your business in an environmentally responsible way is no longer an option, it’s a necessity.

At the time this article was written, oil prices had blown through $107 per barrel, the cascading effect of which will drive-up transportation, raw-material and energy costs for manufacturer and consumer alike. Furthermore, retail sales are down sharply, it seems we haven’t yet seen the bottom of the housing market decline, and the dollar has taken a beating. This all adds-up to a perfect storm of sorts. With profit margins already running at razor-thin levels and many organizations running as lean as possible, manufacturers have no choice but to seek ways to reduce consumption and operate more efficiency.

Another compelling reason for “going green” rests squarely on the shoulders of the demographic most directly responsible for the success or failure of your business: your customers. Whether your end user base is comprised of consumers, other businesses or a combination of the two, the ability to associate your brand with positive environmental practices can offer a much needed competitive advantage.

Many companies are already combining advanced automation technologies, strategic planning and good old-fashioned common sense to operate in a way that is cleaner and more profitable than ever before. Jeanine Katzel explores the nuances of the greening of global manufacturing, with a particular focus on the financial aspects, in an outstanding feature beginning on page 48. Be sure to check it out.

And now for something completely different…

It wasn’t so long ago that I first introduced myself and characterized my role with Control Engineering as a “dream job.” That sentiment hasn’t changed, but life has a funny way of throwing curveballs. Due to some unforeseen events (including a truly ugly real estate market), I will not be able to relocate from the Boston area and this is my final issue as part of the team. However, you’ll see a familiar face on this page next month as David Greenfield will once again assume the editorial director role. He’s a great friend and wonderful journalist, and I’ll look forward to reading his work and keeping up with the latest tech trends as a loyal subscriber. Thank you for your support, kind e-mails and active participation. It has been a pleasure.

marc.moschetto@reedbusiness.com





No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
Your leaks start here: Take a disciplined approach with your hydraulic system; U.S. presence at Hannover Messe a rousing success
Hannover Messe 2016: Taking hold of the future - Partner Country status spotlights U.S. manufacturing; Honoring manufacturing excellence: The 2015 Product of the Year Winners
Inside IIoT: How technology, strategy can improve your operation; Dry media or web scrubber?; Six steps to design a PM program
Getting to the bottom of subsea repairs: Older pipelines need more attention, and operators need a repair strategy; OTC preview; Offshore production difficult - and crucial
Digital oilfields: Integrated HMI/SCADA systems enable smarter data acquisition; Real-world impact of simulation; Electric actuator technology prospers in production fields
Special report: U.S. natural gas; LNG transport technologies evolve to meet market demand; Understanding new methane regulations; Predictive maintenance for gas pipeline compressors
Warehouse winter comfort: The HTHV solution; Cooling with natural gas; Plastics industry booming
Managing automation upgrades, retrofits; Making technical, business sense; Ensuring network cyber security
Designing generator systems; Using online commissioning tools; Selective coordination best practices

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role that compressed air plays in manufacturing plants.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
This article collection contains several articles on strategic maintenance and understanding all the parts of your plant.
click me