Representative End User Clients
Representative Automation Clients
Representative Software Clients
Today, your plants may be operating well and delivering what you con-sider to be a satisfactory level of performance. They’re producing product, your customers are satisfied, and (hopefully) the business is operating “in the black.” But have you taken the time to consider whether your plants could do more to improve the business’ bottom line?
All industrial companies strive to improve their business performance, but this typically involves numerous challenges. One of these is to justify the technology investments needed to improve asset performance at the unit and plant levels in a manner that senior management can relate to, such as adequate return on investment (ROI).
What Is “Adequate” ROI for Your Automation?
At the recent ARC Industry Forum in Orlando, Florida, the session titled “Are You Receiving an Adequate Return on your Automation Investment?” focused on the need to assess your plant’s automation performance in a systematic, business-focused way. Just being “satisfied” with your plant’s performance, could be “leaving money on the table.” The challenge discussed was how to evaluate the potential for automation improvements that can provide incremental financial benefits for the business, without increasing business risk. As we learned from several technology end users, the objective is to move beyond adequate.
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Keywords: Automation, 6 Sigma, Value-driven Assessment, ARC Advisory Group.