- On October 4, 2021
After installing just one Industrial Vending Systems PPE Vending Machine in December of 2019 a mining client in WA have consistently seen average savings of over $11k per month in PPE spend. That’s a saving of around $220,000 total over the last 20 months.
As shown in the graph, our client was spending between $20k to $25k a month on PPE in their mining department for one site, and sometimes even as much as $36k.
Recognising that much of this spend was unnecessary due to careless over-consumption, the company made the decision to implement an IVS PPE vending machine at the site.
The PPE vending machine enables the company to monitor usage and discourages wastage, whilst ensuring employees have access to PPE when and where they need it.
Installing the PPE Vending Machine in their main crib room the client saw their PPE spend drop immediately and remain at an average of $11k savings per month.
This is an average reduction in monthly spend of over 50%, importantly without any negative effects on PPE compliance. In fact, PPE Vending Machines consistently improves PPE compliance by having equipment available 24/7 in easily accessible areas and at point of use.
Breaking it down into dollar figures, after spending $270k on PPE in 2019 the company implemented an IVS PPE Vending Machine. In 2020 spending dropped to less than $110k for the same department and site. A $160k saving in PPE in one year, from just one machine in their mining department.
This is also an impressive return of over 20 times the investment in the machine and system, with further opportunity for more savings across other operational areas
The client will be implementing several more IVS PPE and consumable vending machines into the other departments (maintenance, fixed plant, administration) for the potential for site wide savings of around $450,000 p.a.