An aggregate mining company wanted to increase productivity and reduce cost, and realised that to do that they needed to move away from their paper-based system and start measuring actual numbers with a Fleet Management System (FMS). The time between collecting data and analyzing it was taking upwards of 18-24 hours, too long and inaccurate for any significant improvements to be made. iVolve's FMS solution was installed as a 2-year pilot program at a limestone mine in the USA to demonstrate how a large-scale FMS collecting production and maintenance information from across the site could improve the fleet metrics and deliver business value.
Significant cost reductions were made at site over the seven months (calculations based on standard shift calender time), as illustrated below.
| Function | Results |
| Cycle Time | 5% decrease |
| Payload | 4% increase |
| Productivity | 5% increase |
| Cost per ton | 3.3% decrease |
| Unrealised Productivity Gain | 12% increase |
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ABOUT THIS COMPANY
iVolve
iVolve® is an Australian-based company offering technology and tools to mine owner-operators and contractors, helping them enhance efficiency in an increasingly competitive market. By providing real-time data access from mobile assets, iVolve enables customers to make informed decisions for day-to-day operations and strategic planning.
HEAD OFFICE:
- Level 6, 52 Merivale Street, South Brisbane QLD 4101, Australia
- Telephone: (07) 3253 6700
- Web: www.ivolve.com
- Email: info@ivolve.com
