Technology and Innovation in Steel Creating the Value in Business Process

by Yatin Purandare

Publisher - STECH Projects Pvt. Ltd.

Category - General Novel

The efficiency and the improvement of performance has always been the key strength of Steel industry. Many industries have achieved better than 100% capacity utilization through innovative thinking and adaption of process and management techniques. STECH Projects Pvt.Ltd., offer a turnkey project supply and efficient execution of the Steel Plants by implementing the required management systems based on their experience shared and clubbed with many of the industry stalwarts to improve the plant capacities on year on year basis. This paper is about the improvements in Information gathering and utilizing this in the best of the interest to increase the productivity as well as efficiency of the Steel Plant. Ensuring the assets are always in healthy working condition, yields the best productivity of the plant. The job involves right type and kind of maintenance at the right time. Human errors some times cause fatal break downs, which in turn result into losses. A combination of automatic life cycle measurement, tracked to its maintenance cycle demands along with Centralized Maintenance Management System monitors and keeps the track of the smallest equipment in the plant to avoid unpredictable break downs.

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