The idea of LEAN manufacturing is to use best practices to improve your production methods to produce higher quality products at much lower costs. Production is improved by removing the different types of waste that muddle production […]
Exapro
Judicial and Non-Judicial Foreclosure Sales: What’s the difference?
Foreclosures come about when borrowers fail to make payments on mortgaged assets. The assets are auctioned off to allow lenders such as banks or agencies to recoup the debts of the defaulted loans. For those entering into […]
Sales Comparison Approach as a Valuation Method of Machinery
There are three major methods that are used to determine the pricing of machinery and equipment. These methods include cost approach, sales comparison approach and income approach. This article will focus primarily on the sales comparison approach […]
The Impact of Coronavirus on the Industry
Coronavirus is also known as COVID-19. Its emergence in China was like child play that many thought it will only affect the public health sector. Little did we know that it will become the world’s biggest challenge. […]
Cost Approach or Principles of Substitution in Machinery Appraisal
One of the most common subjects frequently discussed whenever there is a need to value or appraise the cost of a piece of machinery price is the concept of the principle of substitution. For this reason, it […]
Income Approach Technique of Value Appraisal for Used Machines
Definition of Appraisal An appraisal is a process or an act of estimating what the value of an asset will be. An appraisal may also be used to assess the market value, insurable value, or investment value […]
Digitalizing Machines Made Easy Using Sound-Based Monitoring
Exapro is partner with Neuron Soundware, a smart solution for preventive maintenance monitoring machines using sound. Today, we are happy to announce a new basic package allowing the digitalisation of common machines: the nShield. Powered by Neuron […]
Going LEAN: The benefits and how to profit from your unused machinery
The idea of LEAN manufacturing is to use best practices to improve your production methods to produce higher quality products at much lower costs. Production is improved by removing the different types of waste that muddle production […]
Digital Transformation with IoT-Powered Condition Monitoring
For companies wanting to implement IoT in manufacturing, a perfect starting point is IoT-enabled condition monitoring as it drives value immediately and can be driven iteratively. The key role of condition monitoring enabled by IoT is to […]
Neuron Soundware Raises an Additional €5.75 Million
Neuron Soundware, a progressive Czech start-up, has raised an additional 5.75 million Euros when Lead Ventures and Inven Capital decided to expand into industry 4.0 by investing in the company. Neuron Soundware is a leader in acoustic […]