When considering total cost of ownership, manufacturers review and assess the direct and indirect costs and benefits of the materials they purchase. This includes the initial outlay of purchasing e.g. the unit price of products and the volume purchased (direct costs) and any indirect costs affected by product usage e.g. equipment wear rate, safety risks, maintenance costs.
The range is ideal for all industrial sectors from power plants, to mines and quarries, railways and heavy construction, and the technology is used worldwide to improve production efficiency, reduce equipment downtime and increase operational profitability.