How much is a second worth?
First Quarter 2021
Hydraulic systems & components
According to www.gov.za, the national minimum wage in South Africa is R20,76 for each ordinary hour worked. We work eight hours a day to support us for the other sixteen. If you worked an eight hour day, at R20,76 per hour, you could make R166,08 in a day.
By this logic, we can determine the minimum value of a second expressed in ZAR. Every hour is worth R20,76 and every minute is worth R0,346. Each second is worth R0,00576 at least. That number seems laughably low if you think about it, but seconds can really add up.
How many seconds does it cost when the power goes out and 16,8 million people can’t do their jobs? If 16,8 million people are not working for just one hour of loadshedding, the country potentially loses R348 768 000 in productive time measured at the minimum wage. Maybe this is not the right way to think about a second in a human life. Time is worth more than just money.
How many memories could you relive in a second? How long does it take to have a great idea? How do you calculate the value of a second when you can never get back the time you’ve wasted?
What is a second worth to you?
The Honingcraft group of companies has invested in renewable energy and backup generators to ensure uninterrupted service delivery. We keep 1500 tons of stock in hand to ensure you have what you need, when you need it. Contact us to see how we can create quality time and peace of mind for you.
Further reading:
Making lines safer with smarter connection
Hydrasales
Hydraulic systems & components
Imagine connecting multiple hydraulic lines or a combination of hydraulic, electrical and grease lines with one single, confident movement. That’s the everyday convenience operators get from Faster’s MultiFaster multi-coupling systems.
Read more...
Hydraulic system upgrades to boost performance and save money
CT Hydraulics (Nqoba)
Hydraulic systems & components
Those working with hydraulic or pneumatic systems know that keeping your machinery running at peak performance balances productivity and cost. As systems age, they often become less efficient, requiring more energy and more frequent repairs. The good news is that you don’t always need to invest in an entirely new machine to solve these problems.
Read more...
Navigating ISO standards in hydraulic cylinder manufacturing
Hydraulic systems & components
For hydraulics professionals, understanding and leveraging ISO standards is a powerful way to ensure quality and gain a competitive edge. Here is a guide to the most critical ISO standards for hydraulic cylinder manufacturing, showing how to use them to your advantage.
Read more...
Heavy impact, smart control
Axiom Hydraulics
Editor's Choice Hydraulic systems & components
Every now and then a project lands on your desk that’s equal parts heavy machinery and fine control - a tantalising mix for any engineer. A client approached Axiom Hydraulics with a project exactly like this.
Read more...
Axiom expands its hydraulic solutions with Powerstart piston accumulators
Hydraulic systems & components
Axiom is proud to announce a unique partnership with Powerworks, introducing a new generation of piston accumulators into the South African market, the Powerstart piston accumulators.
Read more...
Hydraulic systems in heavy machinery
Hydraulic systems & components
In this article, we explore how hydraulic systems function, their role in powering heavy equipment, and why they are the preferred choice for industries requiring immense power and precision.
Read more...
How manufacturers achieve zero-leakage demands in hydraulic cylinders
Hydraulic systems & components
Imagine a world where your hydraulic cylinders never leaked. The answer lies in a holistic approach that focuses on the fundamental components and their interactions, particularly the cylinder rod and its surrounding environment.
Read more...
The seven different types of hydraulic fittings used for cylinders
Hydraulic systems & components
Hydraulic fittings are crucial for maintaining the integrity of hydraulic circuits, Selecting the right type of hydraulic fitting is not only essential for preventing leaks but also for ensuring minimal downtime and enhancing overall system efficiency.
Read more...
The seven different types of hydraulic fittings used for cylinders
Hydraulic systems & components
Hydraulic fittings are crucial for maintaining the integrity of hydraulic circuits, Selecting the right type of hydraulic fitting is not only essential for preventing leaks but also for ensuring minimal downtime and enhancing overall system efficiency.
Read more...
Powering southern Africa’s industrial evolution for over five decades
Editor's Choice Hydraulic systems & components
Established in 1974, Oilpower is a recognised name in South Africa’s hydraulic and pneumatic sector. What started as a small, family-run business has matured into a highly structured operation with specialised teams, experienced engineers and a reputation for technical excellence and reliability. Oilpower is celebrating its 50th anniversary this year.
Read more...
printer friendly version