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.
Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.