Pumping systems account for approximately 20% of the world's electrical energy demand and nearly 25% of the energy consumed in industrial plant operations is dedicated to pumping systems. These systems are widely used across various industries. The energy and materials used in a pumping system depend on pump design, system design, installation design, and the way they are operated. Life cycle cost (LCC) analysis of equipment is a management tool that can help companies minimize waste and maximize energy efficiency for many systems, including pumping systems.
7 Steps to Implement Reliability-Based Maintenance (RBM)
Today, a factory’s assets play a key role in the overall efficiency of companies and manufacturing plants. This is why more and more production companies are turning to reliability-based maintenance
