lost equipment

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Published By: SambaSaftey     Published Date: Mar 15, 2019
Regardless of the size of the vehicles, and often despite the utmost caution, operating vehicles can be a risky endeavor. According to the National Highway Transportation Safety Administration, highway accidents accounted for 37,461 deaths in the U.S. in 2016.1 Moreover, a recent study by Motus, a vehicle management and reimbursement platform, found that 40% of all motor vehicle accidents are work-related and cost employers a staggering $56.7 billion in 2017, taking into account medical expenses, property damage, increased insurance premiums, and lost productivity.2 While liability insurance is an important way for employers to address that risk, its by no means a panacea. Companies can and should be doing more to lessen the likelihood of accidents in the first place. And given that the vast majority (94%, according to NHTSAs study) stem from driver-related actions or inactions as opposed to equipment malfunctions, one of the most important ways of doing so is to ensure that the in
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SambaSaftey
Published By: Shell     Published Date: Aug 15, 2018
While simple fixes may cost a few thousand dollars, lost revenue from equipment failures can run into the millions of dollars in lost productivity and replacement costs. There can be longer-term impacts, too, if the downtime inhibits a manufacturers ability to meet customer needs. Thats why it is important for companies to think about lubrication and equipment maintenance holistically, recognizing that short term cost savings may be leading to bigger, preventable expenses over the long term. Cheaper oil, for example, may save money initially, but it requires more frequent changes and provides less protection to the equipment, which could shorten component life. For many companies, the short-term savings simply arent worth the longterm cost risk. Some companies dont realize that they may be able to reduce their overall maintenance costs significantly by spending more up front on better quality lubricants, Saffell says. Their equipment may last longer and they are likely to see
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cost, reduction, equipment, shell, manufacturing, maintenance, reliability, contamination control
    
Shell
Published By: Shell     Published Date: Aug 27, 2018
While simple fixes may cost a few thousand dollars, lost revenue from equipment failures can run into the millions of dollars in lost productivity and replacement costs. There can be longer-term impacts, too, if the downtime inhibits a manufacturers ability to meet customer needs. Thats why it is important for companies to think about lubrication and equipment maintenance holistically, recognizing that short term cost savings may be leading to bigger, preventable expenses over the long term. By adopting a total cost of ownership (TCO) program, companies can find efficiencies they didnt even know existed and reap benefits they didnt realize were possible. Download our white paper, The Cost Reduction Game, to learn more about how a TCO program can help increase equipment reliability, extend equipment life, and lower energy costs.
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cost, reduction, equipment, shell, manufacturing, maintenance, reliability, contamination control
    
Shell
Published By: Avalere     Published Date: Apr 02, 2007
Laptops, USB devices, and other endpoint devices foster a flexible and more productive work environment, yet also increase a company's exposure to the loss or theft of critical information. Avalere inventories, protects, and controls your company’s laptop, desktop or removable storage device information to mitigate risks of lost or stolen equipment.
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mobile computing, lost laptop, lost equipment, mobile data systems, computer loss, equipment loss, risk management, avalere
    
Avalere
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