Posts Tagged :

Cost control

6 Ways to Save Money on Your Machines

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Heavy equipment plays an important role because it can facilitate and assist employees in completing the project, especially for projects on a large scale. How it used in a project must be considered because it affects the projects time and cost. For many construction site manager, getting the lowest total lifetime cost and help you…

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Improved Work Process with Technology

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As your company grows, you encounter new challenges that require you to be more innovative. Efficiency is what every business wants to pursue. The common problems are the conventional work process on the field and the way data is being delivered to the managerial level which requires too much time. While the top management level needs…

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Save cost by using the right lubricant for your machinery

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For mining industry in North America only, the potential savings could reach up to US$29 million from the impact of using the correct lubricant for machinery. A recent industrial research found that 96% of mining companies experiencing unplanned equipment shutdowns in the last 3 years. with half of the acknowledging this due the incorrect management…

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Indonesia’s new mining rules to improve the economy in 2017

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Indonesian government has issued a new regulation that will allow miners to export as long as they show progress toward building smelters in a five-year period. Investors and analysts had expected Indonesia to continue allowing exports of mineral concentrates, but the government surprised markets by allowing limited amounts of nickel ore and bauxite. Energy and Mineral…

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Heavy Equipment for Construction.

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In the case of huge construction projects, proper use of the appropriate equipment contributes to economy, quality, safety, speed and timely completion of a project. Equipment are use for highway projects, irrigation, buildings, power projects etc. 15-30% of total project cost has been accounted towards equipment and machinery. Classification of Construction Equipment Earth-moving equipment Hauling…

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Improve your efficiency of resource consumption and save your money

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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…

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Control your cost by controlling your reports

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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.…

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