Equipment World Digital Magazine
Issue link: http://read.dmtmag.com/i/201186
ConExpo-Con/Agg | continued Wednesday, March 5 10-11:30 a.m. 8:30-9:30 a.m. World-Class Fleet Maintenance Planning and Implementation Equipment Metrics and Benchmarking – Know What to Measure, Know What to Expect Speaker: Ricky Smith, Allied Reliability Group This session will walk maintenance professionals through the top maintenance planning action items, designed to help them move from a reactive into a proactive approach. Without these three "must do" tasks, maintenance scheduling and execution will fail. Speaker: Mike Vorster, CEMP Central Metrics and benchmarking can be complex, especially in the diverse world of equipment management, where few universal definitions, norms and standards exist. This session will look at fleet activity metrics, including deployment and utilization. Also addressed are input metrics (such as labor hours per operating hour) and output metrics (such as availability and reliability). The session will also examine metric examples and conclude with innovative ideas for presenting results in reports and management dashboards. 3-4 p.m. Equipment Transactions in the Balance Sheet and P&L Speaker: Mike Vorster, CEMP Central Equipment managers need to understand a company's profit and loss statement and balance sheet. Attendees will take a look at a typical construction company profit and loss statement and gain insight into how equipment charges should be handled in the various steps required to calculate operating income. And, after examining what goes into a company's balance sheet, you'll explore how knowledge of these reports underlines the importance of profitably using capital. 60 November 2013 | EquipmentWorld.com 10-11:30 a.m. Your Equipment Manager: Fireman or Leader Speaker: James Schug, FMI Why are equipment professionals essential to any company? How can they help you navigate today's changed landscape? The equipment manager role has evolved during the Great Recession, emerging as a strategic partner in company leadership teams.