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
out
is
part
of
our
normal
day-to-day
activities,”
says
engineering
solutions
senior
vice-president
Jorge
Magalhaes,
who
joined
Vestas
at
the
end…