The Danish turbine maker’s “cost out” approach aims to staunch revenue leakage from lost production factors (LPF) in areas ranging from product engineering design through component fabrication to operations and maintenance.
Early indications are good. The company has managed to shave a reported LPF of 4.5% in 2010 from a monitored fleet of 22,000 turbines around the world down to 2%, meaning they are up and running 98% of the time.
“Cost
