Abstract

Manufacturers today are in the midst of an unprecedented opportunity to reduce both their energy consumption and their biggest costs. According to a recent study by AMR Research, industry consumes over 40% of global electricity, and energy is often the largest operating expense in the manufacturing industry. At the same time, the market is rapidly changing with energy costs rising further. Several major forces are now at work to signal the need for manufacturers to reduce their energy consumption and embrace sustainability, while minimizing spending and gaining business value in the process. Read this paper to learn more.