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How to reduce operation cost despite energy crisis’

How to reduce operation cost despite energy crisis’

Experts have lamented that the constant energy crisis in Nigeria has led to an increase in business operational costs thereby negatively impacting profitability.

They urged businesses to reduce operational costs through service monitoring and smarter solutions.

Chief Executive Officer (CEO), Galooli Advanced Solutions Ltd, Tamir Piatecka, in a statement, said that to eliminate leakages in business operations, the firm has launched a mobile application in addition to its web and desktop applications, which allows users to track, monitor, and receive a real-time analysis of their business operations while on the move.

“The price of diesel has skyrocketed, and Nigerian businesses are highly affected because the majority of the people and businesses run on generators. Our goal is simple and in three folds. In power generation, Galooli’s smart solutions help manage the crisis of energy generation by monitoring efficiency.

“The app allows you to track your power-generating systems, while on or away from your location and determine the exact amount of diesel supplied, consumed, or stolen, which aids in reducing cost and blocking financial leakages.

“The same applies to Galooli’s fleet solution. We realise that owners want to know what goes on with their vehicles, in terms of fuel consumption and monitor driver behaviour, and we make that information available. Our systems also prevent battery theft and monitor battery health,” he said.

According to the Director of Sales and Business Development for Galooli Nigeria, Michael Enebeli, Nigeria has an energy crisis which makes most people run back up power supply from generating sets or battery-powered inverters.

“The main source of operational cost leakages from generator sets is from diesel supply. When you buy diesel, for instance, how sure are you that it is the amount you requested that you got without monitoring your suppliers? With Galooli Solutions, at the click of a button, especially now that we have the app, wherever you are, you can get notifications of exactly how much was supplied. At the same time, you can monitor consumption and usage.

“We recently had a client who provided power for a bank, and after monitoring for just two weeks, we detected that every night, while everyone was away, they were losing 20 litres, from theft by a security guard, which amounted to over #300,000.00 in lost revenue due to the cost of diesel at the time. When you have smart technology solutions installed, that solution pays for itself.

“The same solution works for the fleet because we don’t just track, we analyse driver behaviour and fuel consumption. We help fleet owners confirm that when a driver says he consumed half a tank from Mowe to Surulere, it is indeed the reality. What is the assurance that the fuel was expended within that period? This is a smart way to run a business that gives you ease.

“Providing solutions for the deficit in the power sector has always been our goal. Using smart solutions, the government can tell you how much crude oil we expend in a day because Galooli gives you an end-to-end analysis. We tell you exactly how much every truck moves out of your tank farms and drops at various locations. We simply give your business a brain to run smarter. We shouldn’t have a crisis in the country when we have the technology to solve these problems with flexible pricing models,” she said.