Archive for September, 2016
Owning their own business is many American?s dream. They dream of having the freedom and the flexibility that comes with self employment. The internet has made this dream a reality for many people. The internet allows people to start businesses with low costs. You no longer have to pay rent at a warehouse or retail store front. You can simply work out of your home, listing your for sale items on the internet. The internet also allows you to connect with potential customers from all over the world, increasing the success of your own business. Years ago, people were limited to customers in the near vicinity of their store front office. However, online business ownership comes with its own set of struggles.
An online retailer needs to find a way to effectively market and turn potential customers into purchas
Several significant advances have been made in cutting tool technology since the 1900s. From the plain carbon tool steel to coated carbide cutting tool solutions and a market size of about $90 billion, it?s easy to see why the cutting tool industry is now recognized as one of the major manufacturing industries in the U.S. Let?s discover just how far cutting tool technology has come by exploring what makes carbide tools so much more superior than carbon tool steel.
At first, cutting tool manufacturers wanted to make an inexpensive cutting tool that could be used in any type of low-machining operation. What they came up with was the plain carbon tool steel, which is comprised of 0.6-1.5% carbon and a small amount of Mn, Si
Running a wastewater facility is a huge responsibility, and small decisions (or the lack of proactive decision making) can have a very real impact on the population it services. And we don’t just mean in terms of health and safety; bad decisions can negatively impact local economies as well.
Running a facility of this nature is a high stakes affair, both for employees and local residents. And if the stakes aren’t already high enough, let’s not forget about the web of regulations and legal compliance issues plants and facilities must contend with.
Nonetheless, the fragile nature of our country’s wastewater infrastructure means that this can be an up-hill battle. Estimations report that by 2020, almost half of all assets in wastewater facilities will be past their half-way point for usefulness, according to the Environemental Protection Agency. Fortunately, developments such as asset integrity and/or reliability management and risk-based inspection (RBI) have been accepted by the global community as appropriate methods of efficiently managing assets and systems.
Asset Management: Building Stronger Communities
Water and wastewater systems are incredibly complex networks made up of pipes, valves, tanks, pumps, wells, treatment facilities, and more. All of these parts comprise a group of assets, which tend to lose value over time as the system corrodes and ages. As this aging progresses, the cost of operation and maintenance increases.
Already, upgrading water and wastewater systems is costing major cities, like Baltimore.
Managing these aging assets requires a delicate balance. For many years, it will be less expensive to maintain aging assets than to replace them. However, after a certain point, the expenses become unsustainable, and municipalities would will actually save money in the long-term by replacing the aging assets. That being said, how do you know when you’ve reached that point of no return?
Today, best practices call for asset management, which is important for a number of reasons, particularly for wastewater management plants and facilities.
- The assets in the facility represent a very large public or private investment, sometimes both.
- The water infrastructure being operated at the facility is important to the overall economic development of the community and municipality.
- Proper operation of these water facilities are necessary for public health and safety.
Asset management directly supports and promotes efficiency and innovation in its systemic operation.
- Increase knowledge of the location of assets and asset reliability.
- Better communication with customers.
- Improved safety and emergency response.
- The ability to more effectively plan for the future.
Without proper asset management and asset reliability systems in place, that number could be much, much higher.
To learn more, contact Pinnacle Advanced Reliability Technologies today for asset integrity and reliability support.