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Search results for: supply chain management

Kobai announces partnership with Databricks

Kobai, has announced collaboration with Databricks. With this collaboration, joint customers can leverage insights of knowledge graphs with scalability and power of Databricks lakehouse platform. Kobai’s saturn platform is embedded directly in data layer, allowing organisations to query data without moving it from lakehouse, with W3C (world wide web consortium) and lakehouse open standards providing complete interactivity. (more…)

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September 13, 2023

Posted by: Janmesh Chintankar

Qualcomm launches new satellites to provide uninterrupted remote monitoring, asset tracking

Qualcomm Technologies, Inc. has announced two modem chipsets with satellite capability: the Qualcomm 212S Modem and the Qualcomm 9205S Modem. The new Qualcomm modem chipsets power off-grid industrial use cases that require standalone non-terrestrial network (NTN) connectivity or hybrid connectivity alongside terrestrial networks, and allow IoT enterprises, developers, ODMs, and OEMs to harness real-time information and insights to manage business projects. Qualcomm Technologies is engaged with Skylo, an NTN service provider, to help enable and operate this new connectivity medium.

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June 23, 2023

Posted by: Shriya Raban

Greening the Chemical Industry: Proven Strategies for Energy Efficiency and Carbon Footprint Reduction

The importance of energy efficiency in the chemical industry Strategies for achieving energy efficiency in chemical plants and the supply chain Examples of companies that have successfully implemented energy efficiency measures Challenges that companies may face in implementing energy efficiency measures and potential solutions for overcoming them. The world is facing an energy crisis and the effects of climate change are becoming increasingly apparent. As the availability of natural resources decreases and the population continues to grow, and as the world continues to grapple with the effects of climate change and the depletion of natural resources, it is increasingly important for the chemical industry to focus on energy efficiency and reducing greenhouse emissions.

In this epaper, we will explore strategies for achieving energy efficiency in the chemical industry. We will discuss methods such as process optimization, implementation of novel technology, and analyzing energy consumption in the supply chain. We will also examine the challenges that companies may face in implementing these strategies and potential solutions for overcoming them. By the end of this epaper, readers will have a better understanding of how energy efficiency can benefit both the chemical industry and society. Some of the key points that we will cover in this epaper include:

  • The importance of energy efficiency in the chemical industry
  • Strategies for achieving energy efficiency in chemical plants and the supply chain
  • Examples of companies that have successfully implemented energy efficiency measures
  • Challenges that companies may face in implementing energy efficiency measures and potential solutions for overcoming them.

Strategies for Achieving Energy Efficiency in the Chemical Industry

The chemical industry is a significant contributor to global energy consumption and CO2 emissions. However, by implementing energy efficiency measures, chemical companies can not only reduce their environmental impact but also improve their competitiveness and profitability. There are several strategies that companies can use to achieve energy efficiency in their operations.

One strategy is to optimize production processes. This can involve analyzing the energy consumption of different stages of the production process and identifying areas for improvement. For example, a company may be able to reduce energy consumption by using more energy-efficient equipment or implementing energy-saving techniques. By optimizing production processes, companies can reduce energy consumption and improve the efficiency of their operations.

Another strategy is to implement novel technology. This can involve investing in new equipment or software that can help companies improve energy efficiency. For example, companies may use process control software to monitor and optimize energy consumption in real-time. Other technologies such as renewable energy, energy storage and cogeneration can also be implemented to improve energy efficiency and reduce greenhouse gas emissions.

A third anker is to analyze energy consumption in the supply chain. Supply chain management plays a crucial role in energy efficiency, as it can help identify areas for improvement and optimize the flow of resources. By analyzing energy consumption throughout the whole value chain and networks, companies can identify opportunities for reducing energy consumption and improving energy efficiency.

An example of a company that has successfully implemented energy efficiency measures is DuPont. DuPont has set ambitious energy and greenhouse gas reduction goals, which have been met through a combination of process optimization, energy-efficient technologies, and supply chain management. DuPont’s energy efficiency program reduced its global energy consumption by 22% and its greenhouse gas emissions by 35% in less than a decade.

An example of a company that has successfully implemented energy efficiency measures is DuPont. DuPont has set ambitious energy and greenhouse gaHowever, implementing energy efficiency measures is a challenge. Companies may face barriers such as lack of capital or awareness of the benefits of energy efficiency. Furthermore, small, and medium enterprises may face even more difficulties in comparison to big companies. To overcome these barriers, companies can seek funding from government or non-government organizations.

In conclusion, energy efficiency is a key resource for economic and social development, bringing significant benefits to various stakeholders, from companies developing energy-efficient measures to all members of society. By implementing strategies such as process optimization, implementing novel technology, and analyzing energy consumption in the supply chain, chemical companies can reduce energy consumption and improve the efficiency of their operations.

Conclusion

Energy efficiency is a top priority in the chemical industry, and companies are turning to various strategies to achieve this goal. Furthermore, the chemical industry plays a crucial role in addressing climate change and reducing greenhouse emissions and promoting a sustainable economic development within the industry. By implementing energy efficiency measures, chemical companies can not only reduce their environmental impact but also improve their competitiveness and profitability. It is time for the chemical industry to take a leadership role in energy efficiency and demonstrate the benefits of sustainable production.

To achieve energy efficiency, companies must also adopt a systemic approach, which includes not only the optimization of production processes, but also the integration of resources in process chains and systems, as well as the analysis of the effects of energy supply chain models on production networks. Additionally, companies should also consider the integration of maintenance and servicing cycles, which can lead to increased resource and energy efficiency.

AGENDA In conclusion, the chemical industry has a vital role to play in addressing climate change and achieving energy efficiency. By implementing effective strategies, chemical companies can reduce energy consumption, improve the efficiency of their operations, and promote sustainable economic development. This epaper has provided valuable insights into the strategies that companies can use to achieve energy efficiency in the chemical industry, as well as the challenges that they may face and potential solutions for overcoming them.

Energy efficiency plays an important part in this year’s Global ManuChem Strategies conference which takes place together with ChemSCM 4.0 from 12th-14th of March in Berlin.

 

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February 13, 2023

Posted by: IoT global network

Bringing IoT into education is a crucial labor market need

The IoT continues to expand and will soon form an integral part of life at all scales. Current barriers to the widespread adoption of IoT tools centre around expertise according to Verizon, with educational packages throughout the country not yet up-to-speed with the level of cohesion IoT has with current and future tech platforms. (more…)

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May 6, 2022

Posted by: Shriya Raban

Semtech extends LoRa edge platform to support worldwide asset tracking

Camarillo, USA. 13 April 2022 – Semtech Corporation, a global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announces the addition of multi-band capabilities to its LoRa Edge device-to-Cloud geolocation platform. The new LoRa Edge LR1120 allows for direct satellite-connected Internet of Things (IoT) applications in supply chain management and logistics with seamless low power geolocation on a global scale. (more…)

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April 13, 2022

Posted by: Anasia D'mello

Accenture to acquire capabilities from Trancom ITS to offer hyper-automation to manufacturing and logistics clients

Tokyo, Japan. 28 March 2022 – Accenture has agreed to acquire digital engineering and operational technology capabilities from Trancom ITS, a Japanese logistics technology services provider. The acquisition will enable Accenture’s Industry X service to offer hyper-automation solutions at scale, which manufacturing and logistics companies in Japan are increasingly demanding to become more efficient and sustainable in their core operations. Terms of the transaction were not disclosed. (more…)

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March 29, 2022

Posted by: Anasia D'mello

Overcoming the challenges of mining big data

Big data remains of critical importance to every organisation operating today, no matter its size or location. Data volumes continue to rise, says Bill Scudder, SVP and general manager, AIoT solutions, AspenTech. Big data growth statistics from Statista reveal that data creation will be over 180 zettabytes by 2025.That will be about 118.8 zettabytes more than in 2020. Industrial organisations are among those most significantly impacted by data growth. (more…)

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February 24, 2022

Posted by: Bill Scudder

Verizon selects Infineon’s EZ-PD PAG1 AC-DC power solution for its 45 W USB-C fast wall charger

Munich, Germany – 6 December, 2021 – Infineon Technologies AG announced that its EZ-PD Power Adapter Generation 1 (PAG1) AC-DC power solution is used in the recently launched USB-C Fast Wall Charger from Verizon made by Xentris Wireless. (more…)

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December 6, 2021

Posted by: Anasia D'mello

DFI celebrates 40th anniversary with continuing IoT innovation

In the past forty years, technology has greatly changed the way we live and do business. Especially in the latter half of that period, the Internet and the Internet of Smart Things have completely changed the appearance of global industries (more…)

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July 2, 2021

Posted by: Anasia D'mello

Bahwan CyberTek and Lightbend partner to accelerate cloud native modernisation

Bahwan CyberTek, a worldwide provider of digital transformation solutions, announced the expansion of its global partnership with Lightbend, the creator of Akka Platform and provider in cloud native architecture. (more…)

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February 16, 2021

Posted by: Anasia D'mello