By: Sumeet Singh --
23 April, 2015
Amidst tough time faced by mining firms due to fluctuating metal prices, miners strive for maximum productivity at minimum operating cost to increase the profitability of mining ventures. The productivity of mining operations essentially depends on the efficient management and effective utilization of its fleets. The ever increasing complex nature of material handling and haulage in open cast and underground mines necessitates a fool proof system for effective management of mining machinery in order to achieve higher productivity coupled with low operating cost. Fleet management system is one such tool which has obtained considerable significance in recent years due to substantial gains in productivity achieved through its implementation. While such systems not only increase equipment and operational efficiency, they also provide safer working environment for miners though systematic planning and deployment of heavy mining machinery in the mine.