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.
Case Study Database
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These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.
Click here to visit the Case Study Database and upload your case study.
2012 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.