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INVENSYS PRESENTS APPROACH FOR MEASURING ECONOMIC BENEFIT OF PROCESS ANALYTICAL TECHNOLOGIES
02 November 2005 - Invensys plc
| Invensys' Dr. Peter G. Martin, author and noted authority on real-time performance management, will present a seminar that will help pharmaceutical and biopharmaceutical scientists and manufacturers apply process analytical technologies more strategically. Dr. Martin's seminar, entitled "Optimizing PAT with Metrics that Matter," will be presented on November 9, 2005 to members of the International Society for Pharmaceutical Engineers at their 2005 annual meeting in Scottsdale, Arizona. |
"With PAT, the FDA has opened the door for pharmaceutical manufacturers to achieve the performance optimization benefits that are already being realized in many other industries," said Janice Abel, director of pharmaceutical and biopharmaceutical marketing for Invensys and past president of the ISPE Boston chapter. "Dr. Martin's seminar will help pharmaceutical and biopharmaceutical manufacturers to measure economic performance in real time and thus be able to quantify and justify the benefits of implementing PAT in their plants." The seminar will guide the pharmaceutical and biopharmaceutical industries in implementing programs to realize measurable benefits from PAT-related process optimization. Martin will demonstrate ways of developing measures that correlate with meaningful business metrics to help life science developers and manufacturers cut costs, improve product quality, or speed to market, depending on their business strategy. Dr. Martin, vice president of performance management at Invensys Process Systems in Foxboro, Massachusetts, is author of Bottom Line Automation and Dynamic Performance Management: The Pathway to World Class Manufacturing (both by ISA Press) as well as numerous articles and technical papers. The Instrumentation, Systems, and Automation Society's InTech magazine has named him one of the 50 most influential people in the control industry and Fortune magazine named him a "Hero of US Manufacturing." More than 50 companies throughout the world are now implementing one or more programs based on Dr. Martin's patented "dynamic performance measures" method of providing instant, high-resolution economic feedback of how plant activities are impacting profitability. Dr. Martin has held positions in engineering, product planning, marketing and strategic planning at The Foxboro Company and Invensys Process Systems, and was also vice president at Automation Research Corporation. He holds B.A. and M.S. degrees in Mathematics, an M.A. degree in Administration and Management, and a Ph.D. in Industrial Engineering.
http://www.invensys.com
About: Invensys plc
Invensys is a global automation, controls and process solutions Group. We empower you to increase productivity, reduce waste, remove cost from your supply chain, boost profitability and demonstrate measurable improvement in your company's overall performance. As a global leader in resource productivity, Invensys offers products and services, expertise, and technologies that enable you to maximize return on investments, conserve resources and optimize performance across your value chain.Operating in more than 60 countries worldwide, Invensys meets the needs of the process and batch industries - from oil & gas, powerand utilities, chemicals, and rail systems to food & beverage, healthcare, and data communications - as well as the discrete and hybrid manufacturing sectors, and provides components, systems and services to the heating management, commercial refrigeration, residential safety and automotive industries, and electronic and electro-mechanical systems and components to appliance and related industries. Not only do we help improve your bottom line, by enabling you to manage your assets more efficiently, but we also help you to protect the environment. As the result of our efforts, we have been awarded the prestigious Energy Star Label by the United States Environmental Protection Agency (EPA). Taking an integrated strategic approach to increasing your productivity, we enable you to increase output from your existing plants and technology investments, provide you with solutions that create more efficiencies in your supply chain, and increase performance at every level. From the production line to executive offices, from customer relationship and procurement management to distribution logistics, we can help you improve productivity, optimize performance, and increase profitability. |
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