Home > LOADRITE onboard weighing system gives control of total cost of ownership to operators

LOADRITE onboard weighing system gives control of total cost of ownership to operators

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article image Reducing the total cost of ownership is a key benefit of the data provided by the LOADRITE onboard weighing system
An onboard weighing system from LOADRITE will help fleet operators actively reduce their total cost of ownership across earthmoving equipment and trucks.
 
The total cost of ownership includes everything from the original purchase price to the daily running and maintenance costs, depreciation, finance and even ‘hidden’ costs such as insurance and employee wages. A competitively priced machine may end up costing many thousands more than a higher priced machine by delivering lower productivity, increased fuel and maintenance costs and a lower resale value.
 
The monitoring and alert features in LOADRITE’s weighing system allow operators to set benchmarks and measure productivity based on the number of hours operated, or the amount of material moved. By basing total cost of ownership calculations on the amount of material moved, operators can get a clearer picture of the machine’s actual cost of ownership, since a machine that moves more material in less time is likely to generate more income while using less fuel.
 
According to LOADRITE Product Manager, Elliot Chisholm, while it makes sense to choose a fuel efficient, highly productive machine, it is also possible for smart operators to proactively reduce the machine’s total cost of ownership by reducing the running costs. This can be achieved by increasing efficiency to reduce fuel usage, optimising the loading process and improving the maintenance scheduling so that all machines and vehicles are up and running when required.
 
Measuring productivity
 
Elliot explains that determining the productivity of machines begins with finding out how much fuel they use and how much material they move per hour, and then using this information to make changes where necessary to improve efficiency and reduce costs.
 
LOADRITE’s onboard weighing system can be used to calculate the weight of material in an excavator’s or loader’s bucket, relay this information to the operator, record the weight to analyse and measure productivity, and set benchmarks.
 
Once the benchmark productivity rates are established, underperforming equipment can be easily identified with causes varying widely from operator error to equipment failure. In addition to setting productivity benchmarks, fleet managers can customise the LOADRITE system to capture a wide range of other data such as cycle times, which can be used to identify process bottlenecks and inefficiencies. By resolving these issues, managers can improve productivity and reduce operating costs.
 
Reducing costs
 
Managers can track and monitor various productivity indicators to see variations and make changes that will result in a more efficient use of resources. For instance, fuel use by machines is a major consideration in assessing the cost of ownership, given the high price of fuel. Costs can be saved by reducing fuel usage.
 
The LOADRITE system can also measure cycle times between each loading event. Shorter cycle times generally point to a more efficient and therefore more profitable operation. The onboard weighing system actively helps reduce fuel use by ensuring trucks are filled correctly the first time, with no productivity lost due to under loading or overloading.
 
Setting maintenance parameters
 
Operators can establish the most efficient and convenient maintenance and replacement schedule by measuring the time between replacing consumable parts. This can be done by measuring the amount of work done in terms of material moved, rather than simply by working hours. Elliot explains that the system can, for instance record how much material has been moved since the last time the bucket edge was replaced.
 
LOADRITE’s onboard weighing system also helps reduce tyre damage on trucks by providing accurate and consistent weight measurement, which allows operators to set the correct target weight for the loader bucket to accurately load the truck. Because the truck’s tyres are inflated correctly to carry a certain weight, they can be damaged when carrying too much weight. Tyre life can be prolonged by setting the loader for optimal efficiency.
 
Elliot said that LOADRITE’s onboard weighing system can be configured to provide the data needed for any operation.
 
LOADRITE also offers loader scales, excavator scales and conveyor scales.

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