Yokogawa Electric Corporation has announced OpreX(TM) Profit-driven Operation, a solution for process industries that drives seamless alignment with plant management objectives across the organisation, from the operations floor through to the C-suite.
The solution is centered on a methodology of interrelated performance indicators distilled from Yokogawa’s extensive domain knowledge, and promotes profitability by helping to optimise the balance between conflicting objectives. It incorporates a new performance dashboard and related services designed specifically for the operations level, as well as programs provided by KBC Advanced Technologies, a wholly-owned Yokogawa subsidiary specialising in consulting and simulation for process industry management. The solution has already been optimised for oil refining and petrochemicals, and Yokogawa intends to expand its application to LNG and basic chemical plants in the near future.
“Process industry executives say that, despite considerable investment in IT, they don’t have true visibility into what is happening across their plants, and that objectives they communicate are not being clearly understood at the operations level,” said Satoru Kurosu, executive vice president, and head of Yokogawa’s Premium Solutions and Service Business Headquarters. “To help solve these critical issues, Yokogawa has constructed a cross-organisational performance metrics methodology to provide the visibility and alignment they need. The synergistic value that Yokogawa and KBC can deliver is matchless in the industry.”
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/07062018/yokogawa-launches-oprextm-profit-driven-operation-solution/