PlantSuccess Newsletter

Volume II, Issue 2

1/23/02

 

Dear Subscriber:

 

Three years ago, after 20 years of providing services to the plant and process industry as a vendor, editor/publisher and consultant, we launched PlantSuccess as a means of getting the business drivers of the process manufacturers – increased return on invested capital and improved plant performance -- better understood by the users and providers of information technology. With lots of help, we have made progress.

 

Less than four months ago, many of you joined us at the PHL Airport Marriott for the third edition of a unique conference focused on the owner/operators in the process industry and their successful implementation of information technologies to manage the physical assets and the all-important information asset.

 

Keynoter, Kirk Wilson, VP of engineering services for Bayer Corporation, led presentations by senior managers from many leading companies in the process industry, including: BASF Corp, Black & Veatch, CDI Engineering, Dow Chemical, DuPont, Fluor Corp, Kellogg Brown & Root, Lyondell Chemicals, Mustang Tampa Engineers, Rohm and Haas, and Washington Group International. Industry experts from consulting companies and national publications actively moderated these sessions -- the Q&A was very productive.

 

The terrorist attacks, just three weeks earlier, limited attendance so we have decided to bring PlantSuccess and its unique presentations by senior owner/operator personnel to many more of you. Between now and the end of May, we will conduct four regional PlantSuccess conferences in centers where there is a concentration of process plants, many with budget constraints placed on travel and lodging which will not be needed.

 

The first regional conference is scheduled for Thursday, 28 February, at the PHL Airport Hilton. Following conferences are slated for the general vicinity of Decatur or Mobile, Ala, Baton Rouge and Houston. We are targeting plant management personnel within an hour's drive of the conference site. We believe these conferences will become an important part of the broad range of efforts made to increase the effective utilization of current technologies within the process industry.

 

We are encouraged by the reception received from all the appropriate sources -- owners, contractors and technology providers – for these regional conferences. Details will be available on the revised version of our website www.PlantSuccess.com when launched next week. Additional information will be presented in future issues of the PlantSuccess Newsletter.

 

For more information sooner, please call 770-565-3282.

 

Regards, Carl Howk.

Chairman

 

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Current Links

 

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What's Ahead for 2002?

 

Several professors from Wharton’s Graduate Business School offer their predictions about issues and trends in four key economic areas: the stock market, employment, international trade and technology. READ FULL STORY.

 

ROI Valuation

 

Improving ROI Valuation for all business investments is a difficult, on-going task and a subject where we seek current information. Brian Sommer, in his “A New Kind of Business Case,” has written a comprehensive, thought provoking piece. When completed, another worthwhile article, DuPont ROI Model Yields Business-case Results,” is just a click away. READ FULL STORY.

 

Rules for Application Integration

 

The lead-in to the article “Gartner’s Ten Golden Rules for Application Integration” reads:

 

To service customers effectively online, a company must be able to pull information from anywhere in its organization in a fraction of a second. For many companies, that means the greatest challenge to effective e-business is internal application integration. READ FULL STORY.

 

Supply-Chain Savings

 

Even the venerable Investor’s Business Daily has ventured into writing about supply-chain management with a common-sense piece and cost-savings ideas that can be implemented by most of us. READ FULL STORY.

 

America's Free Enterprise System

 

Since 9/11, many have claimed the twin towers of the World Trade Center were the greatest symbol of America’s Free Enterprise System. That may be true but everyday our corporations deal with much more than just symbols and others keep watch.

 

Eastman Chemical Company was honored recently for its contributions to America's free enterprise system at a dinner hosted by The Newcomen Society of the United States. The Newcomen Society was established in 1923 to preserve and promote the free enterprise system.

 

Each year, the Society honors 20 or more organizations. Eastman joins a long list of distinguished corporations, including Air Products & Chemicals, General Motors and Dow Chemical, who have been recognized by the Society. READ FULL STORY.

 

The PlantSuccess Newsletter generates a substantial number of visits to our website, we welcome the interest and the access to previous issues of the Newsletter which are available there. If you'd like to share this newsletter with a colleague, just forward a copy. Subscribe or cancel by sending a request to Carl.Howk@PlantSuccess.com

 

Full links to Volume 2, Issue 2 Newsletter articles:

1.       http://knowledge.wharton.upenn.edu/whatshot.cfm

2.       http://www.optimizemag.com/issue/003/roi.htm

3.       http://www.eyeforpharma.com/index.asp?news=24757

4.       http://www.investors.com/managing/man39.asp

5.       http://www.chemicalonline.com/content/news/article.asp?docid=%7BC1A060D5-E8C9-11D5-A77D-00D0B7694F32%7D

6.       www.PlantSuccess.com