Episode Synopsis "Costing Insights: Owning & Operating Costs"

In this episode,  Mike Vorster and I will dive into chapter 3 of his new book: Construction Equipment Economics version 2. We focus on operating and ownership costs and the critical distinction between the two. Be sure to check out the book on Mike's website at CEMPCentral.com

Listen "Costing Insights: Owning & Operating Costs"

More episodes of the podcast Yellow Iron, Black Smoke

• The CFO's Role in Equipment Management
• Mike Vorster - We See You
• End of Year Story Time!
• Joint Ventures, Hurricanes, and Big Fleet Management
• Visualization - How to Look at Data
• Michael Kucharski - Sales in the Equipment Industry
• Utilization in the Field - How its Done by Industry Experts
• Be Proactive! Solve Equipment Problems Before They're Problems
• Reliability: The Granddaddy of all equipment metrics
• Decision Making: Ask Why 5X and Consensus
• Utilization (Make sure your asset is an asset)
• Thinking like an investor: Rebuilds, replacement, rentals and CAPEX
• Fleet and Management and Optimum Ownership Period
• Budgeting and cost management (It's no good knowing something if you don't do something about it)
• Rate Calculations
• Owning and Operating Costs: Understanding the Curve
• Profit Centers, Capital and Responsibility Accounting
• Costing Insights: Owning & Operating Costs
• Equipment and People Processes
• Professors, books, and yellow iron