Capital Equipment News October 2019

Once productivity benchmarks are set, fleet managers can customise the Loadrite system to capture a wide range of other data such as cycle times.

says Webster. “The next step is using that information to make changes where necessary to improve efficiency and reduce costs.” By tracking the amount of material moved per hour to measure productivity and set benchmarks, operators can see underperformance and make appropriate adjustments to ensure all equipment is working at its optimum efficiency. An onboard weighing system like those offered by Loadrite can be used to calculate the weight of material in an excavator’s or loader’s bucket, relay this information to the operator and record the weight for later use. “Being able to track the amount of material moved per hour can then be used internally as part of an overall business analysis to measure productivity and set benchmarks,” says Webster. “Once you know your benchmark productivity rates, it’s also easy to identify equipment that is underperforming, which sets off a trigger for an investigation into the underlying causes. These causes can vary widely, from operator error to equipment failure.” Once productivity benchmarks are set, fleet managers can customise the Loadrite system to capture a wide range of other data such as cycle times, which can then be used to identify process bottlenecks and inefficiencies. By resolving these issues, managers can improve productivity and reduce operating costs.

“The first step is to understand how productive your machines are, including how much fuel they use and how much material they move. The next step is using that information to make changes where necessary to improve efficiency and reduce costs.”

Glen Webster of Loadtech Load Cells

TALKING POINT

Total cost of ownership includes everything from the original purchase price to the daily running and maintenance costs, depreciation, finance and even ‘hidden’ costs like insurance and employee wages

By tracking the amount of material moved per hour to measure productivity and set benchmarks, operators can see underperformance and make appropriate adjustments to ensure all equipment is working to its optimum efficiency

An onboard weighing system like those offered by Loadrite can be used to calculate the weight of material in an excavator’s or loader’s bucket, relay the information to the operator and record the weight for later use

By tracking and monitoring various productivity indicators, managers can see variations and make changes that will result in a more efficient use of resources

QUICK TAKE

CAPITAL EQUIPMENT NEWS OCTOBER 2019 23