By Juliet Umeh
Among the major challenges of any manufacturer is keeping costs to the barest minimum and especially ranging from cost of diesel and unnecessary expenses through sharp practices.
IT solution and software development company, Concept Nova, says its IT solutions can help eliminate such losses.Speaking in Lagos during the launching of some its products and introduction of innovations to their existing products recently, General Manager, Concept Nova Limited, Itiekhao Ikpeminogena said Nigerian economy is suffering today because the manufacturing sector is not really doing well due to inefficiency.
He said their Flee Track FMA, Distribution Management Application, DMA, FuelControl System and others if deployed, could augment profit margin because the solutions are wired to curb losses using technology and added that about 40 percent of such losses can be recouped through using Concept Nova’s solutions.“If you check very well, what is driving the world today is technology. Days of manual practices are gone.
Through technology, you can monitor activities. As an indigenous company, our focus is our immediate environment, to increase productivity for companies and institutions through IT solutions. For instance, diesel consumption constitutes about 30 percent of almost every organization’s costs.
If you can reduce that by 50 percent through control, there is tendency that the organization will make more profit.Our Flee Tack FMA is for managing fleet and drivers’ behaviours. Our FuelControl System would help businesses manage how their diesel is utilized”. In his presentation, Lead Partner, Concept Nova, Frances Ossai, said the company’s FuelControl System provides monitoring information in such a way that if there is a sharp drop whether by human interference or leakage, it can be traced.