Tag: how to reduce equipment costs

Construction Equipment

74 tips for reducing equipment costs (56-74)

Below are my final tips for squeezing those extra dollars out of your equipment operation. You can check out the previous posts by clicking here. 56: Use Failure Mode and Effects Analysis (FMEA) Inspection helps to detect early signs of changes in condition—a warning of impending failure.  But when to examine and what to examine […]

September 19, 2013

Construction Equipment

74 tips for reducing equipment costs (46-55)

Last week, we hit the halfway point in this series of 74 tips for reducing your equipment costs. Here is the next set of tips: 46: Learn more about MRO Maintenance, Repair and Overhaul is the science of inventory control applied to maintenance spares.  Rigorous adherence to inventory control process is a science… not an […]

August 30, 2013

Construction Equipment

74 tips for reducing equipment costs (21-30)

In my last post covering equipment cost cutting tips 11-20, I looked at eliminating buddy jobs, cutting down emergency work and reducing engine idling.  Here are cost-saving strategies 21-30: 21: Manage omissions Omissions can create common failures that affect numerous downstream components. Omissions can lie concealed or dormant until they trigger events that cause an […]

August 16, 2013

Home

74 tips for reducing equipment costs (11-20)

In my first post covering equipment cost-cutting tips 1-10, I addressed several equipment cost cutting basics, including the impact of faithfully using a computerized maintenance management system. Here are cost-cutting strategies 11-20:   11: Eliminate “buddy jobs” I have seen unnecessary use of two-man jobs many times while analyzing maintenance operations.  If they aren’t really […]

August 5, 2013

Business

74 tips for reducing equipment costs (1-10)

One thing I learned long ago was the bottom-line impact of reducing costs.  I don’t mean cutting costs—I mean reducing costs.  There is a significant difference. One brings immediate relief to the bottom-line while the other brings more sustainable results. Over the next several posts, I will share 74 tips to help you reduce costs. […]

July 31, 2013