Maximize
Return on Assets (ROA)
ROA indicates how efficient management is at using its assets to generate
earnings. Management's most
important job is to make wise choices in allocating its resources and wise
decisions come from having the right information available in a timely
manner.
Having the
correct real-time information available allows you to capture tangible
benefits that impact the ROA such as:
Ø
Optimize equipment
utilization
Emerson is able to
integrate smart instruments and digital plants into an ISA-95 standard
enterprise planning application in order to fully manage and optimize your
equipment utilization. Key
benefits include:
·
Increased
availability
·
Increased throughput
·
Reduced cycle time
for batch operations
Ø
Minimize Costs
Optimizing equipment
utilization is just one way of minimizing on costs.
Other ways of minimizing costs through real-time information are:
·
Consistent quality of
product within specifications
·
Regulatory compliance
·
Minimized waste
Ø
Optimize
Just-in-Time (JIT) Delivery
Inventory management is
crucial when balancing the required inventory to meet contractual
commitments while minimizing the stored product hold-time.
With adequate plant floor information including raw material and
product inventories, the inventory management decisions are straightforward;
the information is available to make decisions.
Optimized Just-in-Time inventory management can result in significant
gains in available cash on hand.
Ø
Maximize Revenues
Being able to take
advantage of favorable market conditions requires advantages that proper
data management can give you including:
·
knowledge of the
market conditions
·
flexibility in the
manufacturing facilities to capture favorable market conditions
·
plant floor knowledge
available to determine how and where to capture the favorable market
condition
Ø
Access to Business
Information from the Plant Floor
Some of the benefits of data
integrated smart plants include, but are not limited to:
·
Key Performance
Indicators (KPI) derived automatically and consistently from source data
across facilities
·
Data available for
analysis, planning and business process improvement activities
·
Specific view of
user-customized role data
·
One set of
reference/master data = “one set of rules”
·
WIP and Finished
Goods Inventory Information
·
Accurate raw material
consumption
Long-term
Global Solution Provider
Having an
Emerson data management solution also helps you acquire intangible benefits
that truly differentiate our offering:
Ø
Emerson’s
infrastructure for support and service locally through our SureService
program serves over 10,000 DeltaV installations around the world.
Ø
Globally, Emerson’s
process management training program trains over 19,000 students annually.
Training includes maintenance and asset optimization, operations
including optimization, process control including advanced control, data
management, and process management.
Ø
All major industries
are served, thus we have the specific industry knowledge and experience to
understand your needs and design the best solution to address those
requirements.
Ø
Emerson utilizes best
engineering practices and standards in project management through the use of
the PEpC process. Our project
management skills, methodologies, and tools are the key to safely delivering
successful projects on time, on budget, and to each client’s specific
expectations
Ø
Emerson has the
flexibility and scalability to manage and implement projects of all sizes,
including projects in excess of 200,000 engineering hours.
We successfully manage projects of varying sizes:
o
We communicate early
in the project to fully understand the needs of the client.
o
Risk is addressed and
minimized while evaluating all feasible options that match the client needs
while adhering to expected budget and timeline constraints.
o
PlantWeb tools are
utilized that complement the effectiveness of our project management team.
o
We have seasoned and
effective project management and project personnel that are annually trained
to ensure consistent delivery no matter who the project manager is
o
We utilize proven
procedures for project accounting, management, scheduling, and quality
assurance
o
Web-based
collaboration, job costing, scheduling, and management
information systems
o
Processes
include close collaboration with the client, engineering contractors, and
other vendors
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