Manufacturers have been facing pressures to improve profitability since the dawn of production. What’s changed over the years, though, are the ways in which organizations are relieving these pressures. While methodologies like Lean Manufacturing and Six Sigma have held a place in the cost-cutting equation for quite some time, recently organizations have been allocating more and more focus toward Industrial Energy Management (IEM) programs.
IEM has really changed the game for manufacturers. In the past, energy was considered more of a sunk cost than one directly relatable to a particular product or process, however, advancements to IEM strategies and technologies have transformed the way companies are viewing and improving energy consumption. And Energy Intensity, a measurement of the energy required to produce a unit of product, is an excellent benchmark for showing IEM’s effectiveness.