TCO matters more than ever in EOT crane procurement

The EOT crane business is moving beyond initial costs to prioritise total ownership value, digital integration, and sustainability. Enterprises are rethinking crane procurement and operations to increase efficiency and future-proof their projects, thanks to advancements in predictive maintenance, BiM-based simulations, and automation.

- 

Maneesh Razdan DGM Sales and Marketing Industrial crane sales Jaso India

How do you evaluate the total cost of ownership for EOT cranes, factoring in energy-efficient designs, predictive maintenance, and downtime reduction?

The ownership cost of the crane requires a thorough examination of both the direct and indirect costs throughout the crane's lifecycle.

Firstly, the initial outlay, or cost of acquisition, represents the most significant expense at the outset.

The other important costs include maintenance costs, Downtime Costs, spare replacement, and Energy Consumption.

One factor that many customers overlook when calculating the total cost of ownership of a crane is the equipment's lifespan. The lifespan is directly linked to the quality of the crane and the components used in its manufacturing. This is a significant cost that customers often neglect, drawn in by the appealingly low initial acquisition price. However, when assessing the cost of the product over its entire lifespan, this aspect represents a substantial portion of the total cost of ownership (TCO).

What digital tools (e.g., BIM-integrated crane simulation) do you use to optimise EOT crane sizing and configuration for project-specific constraints?

To optimise the sizing and configuration of EOT cranes for specific project constraints, various digital tools and technologies are employed. This is particularly true for those that integrate with BIM (Building Information Modelling), simulation environments, and structural design software. Some examples include Autodesk Revit, Navisworks, and Crane Plugin; Tekla Structures with the Crane Tool Extension; and STAAD. Pro/RAM Structural System, etc.