Posts By :

ivan

Improve your efficiency of resource consumption and save your money

 1024 683 ivan
By:

Efficient use of resources is an essential part of business sustainability. Reducing your energy and fuel consumption will reduce costs as well as improving your environmental sustainability performance. For many businesses energy and fuel savings can be made throughout its operations. Inefficient use of raw materials might be the biggest issue for others. Sustainable practice…

read more

The 2016 IoT Landscape.

 1024 576 ivan
By:

Matt Turck, a venture capitalist at FirstMark, has mapped out the Internet of Things Landscape for 2016. Matt notes “The IoT today is largely at this inflection point where “the future is already here but it is not evenly distributed”. From ingestibles, wearables, AR/VR headsets to connected homes and factories, drones, autonomous cars and smart…

read more

Differences between Enterprise Asset Management (EAM) and Computerized Maintenance and Management System (CMMS)

 1024 683 ivan
By:

There is a common perception that Enterprise Asset Management solution (EAM) is more a financial application, while Computerized Maintenance and Management System (CMMS) is more an operational application, since it tracks repairs, parts, costs of parts and maintenance at the equipment level. But it is too simplified and a bit misleading. The fact is both…

read more

Control your cost by controlling your reports

 1024 682 ivan
By:

COST CONTROL Cost control refers to management’s effort to monitor, evaluate, and trim expenditures. Managers should influence the actions of individuals who are responsible for performing tasks, incurring costs, and generating revenues.  First managers plan the way they want people to perform, then they implement procedures to determine whether actual performance complies with these plans.…

read more

Tips to keep your heavy equipment & machinery always on top condition.

 600 334 ivan
By:

Heavy equipment & machinery is a highly valuable asset for every company who has/use it, these kind of asset requires constant maintenance to keep it in good working order. However, the only problem with these equipments is the cost – it is huge and sometimes makes quite a big hole in the pocket. Therefore, the…

read more

How to Improve Asset Uptime

 1024 576 ivan
By:

Based on the industry survey, 70% of equipment failure are self-induced where 40% of them due to human error. The blame can be distributed to various functions; maintenance, engineering, operation, quality & management. Standard Operating Procedure for Operations This is a tough one to complete. Most company only use generic terms to define an activity like…

read more

Who should calculate the Mining Equipment Cost?

 1024 576 ivan
By:

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…

read more

Why you need to measure maintenance cost?

 331 221 ivan
By:

Maintenance is one important part of operating your equipment and its a cost of doing business thus required to be reported in the financial statement. Maintenance costs normally involve many variables; workforce, part replacement & usage, tools rental etc. the purpose of measuring maintenance cost of each asset is to set a benchmark in comparing…

read more

5 Tips to improve your heavy equipment lifetime

 1024 576 ivan
By:

Heavy machinery is an expensive piece of equipment that needs a lot of attention to help them working at an optimum level of performance. Having a damaged equipment cost a fortune for the company to fix includes the loss of production time which is even a bigger loss. Here are some tips to help you…

read more

Learn from PokemonGo to re-discover your assets

 681 408 ivan
By:

If you’re into the news lately you could not have missed all the hype with PokemonGo app, where people trying to catch all the monster using their phone by scanning their surrounding. There are many companies operating today still doesn’t have enough information about their assets, whether it’s the equipment lying around their office branches, infrastructures,…

read more