Tooling solutions provider Sandvik Coromant introduces advanced sustainability features in its Productivity Analyzer tool, enabling precise measurement of energy consumption and carbon footprint for customers in the manufacturing industry.
Historically, sustainability measurement in companies have often been criticised for lacking substance compared to other business metrics like financial data. However, there is a growing recognition of the importance of integrating metrics such as waste generation, carbon emissions, and energy usage into business strategies. This emphasis on sustainability not only meets customer demands and regulatory requirements but also attracts talent, reduces costs, and boosts financial profits.
The updated analyser offers detailed sustainability metrics, including energy usage per manufactured component, yearly energy consumption and CO2 emissions. New parameters such as efficiency and energy cost empower manufacturers to optimise operations for reduced environmental impact
Despite the benefits, many businesses struggle to demonstrate their sustainability credentials. The key challenge lies in the lack of comprehensive measurement. To effectively address issues like fossil fuel reliance and greenhouse gas emissions, manufacturers require access to accurate data.
In response to this need, Sandvik Coromant offers a productivity analyser tool to help customers capture, measure, and utilise their data. By providing insights into the impact of smart machine tooling on operations, the analyser facilitates informed decision-making and drives productivity improvements.
The updated analyser offers detailed sustainability metrics, including energy usage per manufactured component, yearly energy consumption and CO2 emissions. New parameters such as efficiency and energy cost empower manufacturers to optimise operations for reduced environmental impact.
Sandvik Coromant offers a Productivity Analyzer tool to help customers capture, measure, and utilise their data
Trials with a leading automotive manufacturer demonstrated a significant 15% increase in productivity, credited to the analyser’s comprehensive analysis capabilities. By analysing machine and tool costs alongside energy consumption, Sandvik Coromant provides tailored strategies for emission reduction. This data-driven approach equips customers with actionable insights, fostering a more sustainable manufacturing ecosystem.
Sandvik Coromant’s holistic sustainability ethos emphasises waste elimination and data-driven decision-making. Initiatives like the global buy-back scheme for recycling used tools underscore the company’s commitment to environmental stewardship.
Read an article about the Productivity Analyzer https://www.home.sandvik/en/stories/articles/2024/05/making-measures-for-a-sustainable-future/
Read the press release on the website for Sandvik Coromant
https://www.sandvik.coromant.com/en-gb/data-drives-our-sustainable-future
Read a news item about the awarded digitalised recycling programme for used carbide tools
https://www.home.sandvik/en/news-and-media/news/2024/04/the-sigrid-göransson-sustainability-award-2024-to-digitalized-recycling-program-for-used-carbide-tools/
For further details contact Sandvik Coromant on TEL: 010 500 2295 or visit www.sandvik.coromant.com