Posts Tagged :

management

Top 10 Mining Industry Trends and Challenges in 2018

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In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital revolution. And companies better fasten their seat belts because those rapid changes are likely to continue and even accelerate this…

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Digital Transformation of Gamuda

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Last year in the Malaysia Digital Economy Corporation (MDEC) VIP Programme, Gamuda saw one of their digital transformation journey. It was a pilot project being implemented at Gamuda walk in collaboration with amtiss. An end-to-end mobile application developed to automate all work processes with real-time data collection and optimization 0f asset maintenance. Gamuda Berhad as…

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

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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…

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

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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…

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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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Who should calculate the Mining Equipment Cost?

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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…

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