- Demo Day
Speaker | Vermeer
Pella, IA | firstname.lastname@example.org
After studying composting and graduating with a degree in Environmental Studies from Central College he joined equipment manufacturer Vermeer Corporation in Pella, Iowa. For the past 10 years he has been traveling about 25 weeks a year roaming North America and beyond helping organizations setup compost facilities, manufacture mulch, clear land, and produce biofuels. As he interacts with operations he is a curious learner of all things that make them successful and strives to help operations improve by sharing best practices. He has presented at the BioCycle Conference, Compost Council of Canada Conference, Canadian Wood Waste Recycling Association, and US Compost Council Conference on topics related to operational efficiency, maintenance, and innovation.
Session Code: 4A
Session Name: Costs and Data
Session Time: Wednesday, January 26, 8:30 AM to 10:00 AM
Presentation Title: Breaking it Down: Why the Cost of Operation is Important and How to Calculate It
Presentation Description: Fuel, oil, belts, filters, cutters, screens, the list of operational costs could go on and on. Are you taking the time to track and manage them? Do you know what your cost per hour or cost per ton is to process your material? Old adages die hard because they are usually true, “you can’t manage what you don’t measure.” Chances are you have an idea of what these costs are, but do you act on that information when making maintenance decisions or choosing new technology to invest in?
Often you are presented with choices that appear more efficient or offer lower cost, but without uncovering the true cost of a component or understanding the final product value it delivers can ultimately lead your operation in a direction not aligned with your goals.
Through my work as an Application Specialist, I have spent years working with businesses who wade through these costs. It’s through these experiences that I will share tools to calculate equipment operating costs, discuss examples of how to use these tools to guide a decision, and unpack strategies to best manage variable costs. The goal of this presentation is to inspire the audience to think differently about how to evaluate technology purchases and develop strategies to best manage these costs