7 Good reasons why your company needs Enterprise Asset Management (EAM) System

7 Good reasons why your company needs Enterprise Asset Management (EAM) System

Application of Asset Management System can have many benefits to your company, including the following:

1. Good Business Practice.
Asset management results in better decisions. Aligning management of infrastructure with strategic policies and direction will support the long-term success of the utility’s mission, goals and objectives.

2. More Meaningful Financial Reporting.
An asset management approach can aide a utility in complying with company requirements.

3. Improved Regulatory Compliance.
Part of asset management involves the implementation of better O&M practices, which can significantly improve compliance.

4. Improved Reliability.
More structured day-to-day attention to system assets and their condition means […]

Things that companies with heavy equipment should know.

Things that companies with heavy equipment should know.

The heavy equipment industry — including machines such as the backhoe, crane, wheel loader, grader, forklift, and bulldozer — has been experiencing a near-6% growth rate worldwide for the past ten years.
This demand is fueled by the need for new construction to accommodate growth, for the refurbishing of old projects and buildings, and for increased mining activity to provide raw materials for industry.
The spinoff has also meant an increase in available employment in construction jobs for heavy equipment operators and maintenance mechanics, growth for parts manufacturers and distributors, and an increase in agencies providing operator certification.

Increased […]

Who should calculate the Mining Equipment Cost?

Who should calculate the Mining Equipment Cost?

Reliable equipment cost estimating requires :

Experience
Judgement
Attention to detail
And the best cost data available

Specification information helps you select the right size and type of equipment for your project.
Horsepower ratings help you determine fuel or power requirements.
Current list prices help you determine your capital budget for equipment.
Hourly operating costs itemized for overhead, overhaul parts and labor, maintenance parts and labor, fuel, electric power, lubricants, tires, and wear parts give you instant estimates of operating costs.

Who should calculate the Mining Equipment Cost?

Cost Estimators
Purchasing Agents
Geologists
Engineers
Metallurgists
Appraisers

It is Ideal for estimating project costs, developing capital and operating budgets, establishing baseline prices for appraisals.

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