FROM illar
NORTH
AMERICA ost
TO
Powering America ’ s Future
Pedro Robredo , Senior Vice President , Americas Region , ABB Electrification Service , offers three OpEx hacks to modernise US manufacturing .
A new wave of manufacturing growth in the US may be on the horizon . Be it the need for more reliable , resilient supply chains post-pandemic or shifting political and economic priorities , the manufacturing sector is set to see a resurgence in growth .
Businesses now have to rethink the way they spend and invest in their existing assets .
By prioritising high quality maintenance and repair , an OpEx strategy defers capital costs and limits operational disruptions by ensuring the reliability of equipment , thus increasing a long-term return on existing assets .
Ultimately , this recent shift reflects the industry ’ s desire to move towards a more efficient and sustainable operating model .
And , as technological life cycles get shorter , the traditional capital expenditure ( CapEx ) strategy of making longer-term asset investments is simply no longer viable .
Balancing the benefits of maximising output and minimising operating costs , the operational expenditure ( OpEx ) strategy is growing in popularity .
To get ahead , here are three vital ways that industry can embrace this transformation :
Scrub away the idea of sunset industries
Terms like ‘ sunset industries ’ and ‘ rust belt ’ to describe traditional manufacturing segments are highly unconstructive . They
44 www . intelligentbuild . tech