Two years ago the buzz word in the industry was productivity, today it has been replaced by the term efficiency. On the surface they may seem to mean the same thing but they mark the difference in the economic climate and a new approach to aggregate production.
According to the dictionary, productivity is defined as producing readily or abundantly, whereas efficiency's meaning is accomplishment of or ability to accomplish a job with a minimum expenditure of time and effort. The difference between the two is the emphasis on cost - something the industry has been very conscious of in the last 18 months.
Today's production levels are well below those of 2008 and the impact of the poor weather in Europe during the first quarter has not helped the market regain its buoyancy. Nonetheless, most quarry operators are reporting a slow in the rate of sales declines compared to the first quarter in 2009 and are optimistic that cost cutting last year will benefit this year's figures.
That feeling of optimism was also clear at the
It is these new product launches at Bauma, and those planned for the upcoming
The efficiency theme continues in this issue with some of our key features.
This issue's quarry profile reports on
So will we ever return to the days when productivity is the key word? The answer I think is yes but it will more likely go hand in hand with efficiency in future and there will be a tighter focus on cost per tonne going forward. It is more the case of timing for the recovery in Europe - in some regions it is already underway but in others it is taking time to gather pace and will take time to build from the current low level of activity. most quarry operators are reporting a slow in the rate of sales declines compared to the first quarter in 2009 and are optimistic that cost cutting last year will benefit this year's figures.