Tag Archives: lowering costs
A business has to strike a balance between providing good quality service with proper investment and keeping costs low in order to make a profit. With rising costs, the challenge of maintaining this balance is becoming increasingly more difficult. With respect to handling of material, this is generally seen as consuming the most time in unproductive practices and take up approximately 40% of the staff’s efforts in the field. To deal with this and ensure timely and high quality installations, there are a few things that ought to be managed well.
Choose the correct equipment
Choosing the correct equipment goes a long way in reducing costs. Often, the same equipment is used to manage very different jobs, and in many cases this equipment may not be very appropriate for some of those jobs. This reduces the efficiency of work, so it is always better to invest in the correct equipment for the work undertaken. It must also be kept in mind that using certain equipment for purposes which it is not meant for can reduce its life and end up in loss in the long run.
Licenses are required for the usage and handling of different equipment, especially in an industrial environment. There can be stringent checks, especially for heavy duty equipment such as cherry pickers or forklifts, where a License to Perform High Risk Work is mandatory. If the license is found lacking or outdated, then heavy fines can be imposed on the operator and the business. This being the case, equipment is often kept unused and the staff not working while waiting for these licenses. It would be beneficial to have staff complete the necessary license training and assessments ahead of time so the license is in hand by the time work starts..