Major Barriers in Adoption of Electric Trucks in Logistics System

The article analyses the issues concerning the reluctance of logistics professionals to adopt medium-sized electric trucks (ET) in the logistics system. Logistics trucks are oversized polluters, considered to be one of the hardest to be addressed for the reduction of CO2 emissions. It aims to identify the major barriers hindering the spread of ETs in logistics. The total cost of ownership (TCO) comparison between a traditional and electric truck has revealed the price gap at the end of a useful lifecycle is marginal. Incentivisation can bridge the gap. This research was based on a survey conducted among professionals from the logistics field in Budapest. Responses recorded were analysed by descriptive statistics to identify highly-rated barriers and their priorities. Based on the results, recommendations were suggested to facilitate the adoption of ETs.

Enterprise environment modeling for penetration testing on the OpenStack virtualization platform

The article presents the design of a model environment for penetration testing of an organization using virtualization. The need for this model was based on the constantly increasing requirements for the security of information systems, both in legal terms and in accordance with international security standards. The model was created based on a specific team from the unnamed company. The virtual working environment offered the same functions as the physical environment. The virtual working environment was created in OpenStack and tested with a Linux distribution Kali Linux. We demonstrated that the virtual environment is functional and its security testable. Virtualizing the work environment simplified the organization’s security testing, increased resource efficiency, and reduced the total cost of ownership of certain devices.

Amalsad cooperative ltd: total cost of ownership for digital services

Structured abstract Rendering digital services have taken centerstage in the current ICT for development discourse. E-Government services are mostly under this discourse with the aim to provide citizen centric services in the public domain. Business and development organizations alike are also investing in developing their own digital infrastructure for rendering services to its stakeholders. This case describes scenario in which a cooperative organization wishes to use digital infrastructure and provide digital services to its farmer members. The cooperative continued investing in ICT since the last couple of decades and constantly upgraded it to ease the transaction and bring efficiency and reduce information asymmetry. This had greatly benefitted the members. However, the cooperative is aware that its communication network built on the wireless medium has its own limitations in introducing new services and integrating its databases and applications. The cooperative took note of “Digital India (DI)” initiatives to provide digital services to rural areas and build an ecosystem to empower the citizens in its governance set up. This DI policy has implicit provisions of better networking protocols with improved bandwidth. The organization has a dilemma to continue with investing its own resources or explore possibility of piggybacking on the DI initiative. The cooperative wished to examine the total cost of ownership in either case and assess the feasibility of converging with the infrastructure created by the government. Case synopsis The Government Information Technology Policies are increasingly favouring citizens and in favour of shared infrastructure and services. It is worth the examination to evaluate strategies to deploy IT infrastructure and services with optimized cost and better returns in an enterprise. This is far more important for a social enterprise like AMALSAD cooperative (user-owned firm) that has deployed its own IT infrastructure and ITeS. AMALSAD cooperative deployed its IT assets long back and in the meanwhile, the Government policy is in favour of providing services over the internet. Leaning objectives The case serves to help students to understand the theoretical concept of Enterprise information systems infrastructure and services. It brings to the students understanding: the drivers of IT infrastructure to provide digital services; challenges that would make the social enterprise (in this case user-owned firm) to understand the opportunities and challenges of deploying the right digital infrastructure and get services on demand. The case presents the scenarios for the students to deliberate and find answers to the right approach for estimating the total cost of ownership (TCO). Social implications The case situation presents a scenario for digital government services. Most of the customer-facing enterprises including social enterprises are also providing digital services. It is important that such services converge at an optimized TCO. Complexity academic level Masters in Business Administration with a concentration in Information Systems. Supplementary materials Teaching notes are available for educators only. Subject code CSS 7: Management Science.

Total Cost of Ownership analysis and energy efficiency of electric, hybrid and conventional urban buses

From an economic perspective, the purchase cost of an electric bus is greater than that of a conventional one. This results from the additional components of the bus drivetrain and the costly charging infrastructure. However, it should be noted that electric bus ensures greener and more sustainable public transport. The presented study focuses on the economic and energy efficiency analysis of city buses with different types of driving system evaluated for selected urban and suburban routes. The routes differ in terms of the number of journeys per day, elevation, the daily distance travelled, and the daily operating time. The results demonstrate that driving conditions can affect economic efficiency. The Total Cost of Ownership (TCO) method used in the study shows that electric buses represent the highest TCO values among the vehicles taken into account. However, for the TCO calculated for electric and hybrid buses, fuel (energy) costs have a much lower share than for the TCO of conventional buses.

Reducing ABEX Uncertainties through Hybrid LSTK Contracting: A Factory EPSm Pilot Case Study in South East Asia

Well abandonment and the associated abandonment expenditure (ABEX) are necessary stages in the post cessation of production (Post COP) phase of the asset lifecycles. There are significant risk factors present, which vary in the frequency and severity based on a multitude of factors pertaining to environment, age, well construction techniques and stratigraphy, to name a few. In the case of well isolation and abandonment operations there are opportunities to innovate through factory project execution techniques and commercial approaches, which are enhanced where standardization and commonality of well architecture is present. These techniques focus on reducing risk factors and creating value where conventional thought suggests there is marginal cashflow benefit, in asset retirement obligation expenditure. Through a reduction in the total cost of ownership (TCO), project financial performance below the estimated provisions, can unlock cashflow from relief adjustments on long term liabilities. The Engineering, Procurement, Services management (EPSm) lump sum partial turnkey contracting approach was developed to assist operators in unlocking cashflow in ABEX provisions, through risk reduction via front end well engineering and integration of service provision, allied to fixed price lump sum contracting to control project cost creep due to unforeseen events. A pilot project was undertaken in South East Asia, delivering 64 permanently abandoned wellbores in 38 consecutive days, representing over 8,300-man hours and over 3,500 operating hours. The EPSm contracting approach delivered lump sum partial turnkey well abandonment services in a high-volume factory well abandonment retirement environment. Operations were executed through a dedicated jack-up drilling rig trimmed to an asset retirement specification to reduce OPEX and increase efficiency. The operational project framework implemented pre-abandonment offline operations prior to rig arrival, then simultaneous operations (SIMOPs) concerning 2 primary worksites: the wellhead platform weather deck and the jack-up rig cantilever. Standalone concurrent Phase I slickline operations comprising of two units, were performed offline on the wellhead platform with pressure control equipment to execute primary reservoir isolation operations. Phase II & III operations were executed above, on the jack-up rig cantilever through the drilling riser and pressure control equipment, executing the overburden and surface isolation operations, minimizing online operating time of the jack-up rig. Key Learnings from the pilot project are presented, along with pilot project key performance indicators. The project learning curve, and human performance factors provide insights to areas where there are synergies and opportunities to further reduce risk and the total cost of ownership through an Engineering, Procurement, Services management (EPSm) contracting approach.

Predicting Purchase Intention towards Battery Electric Vehicles: A Case of Indonesian Market

The emergence of electric vehicles (EV) is inevitable. In Indonesia, EVs in various forms have been introduced to the market. However, the adoption of EV in the Indonesian market is still negligible. The purpose of this paper is to make an early prediction of consumers’ purchase intentions towards EV, particularly battery electric vehicles (BEV), in Indonesia. A multi-criteria decision model based on the analytic network process (ANP) approach has been proposed. There are several main criteria used to explain the purchase/don’t purchase decision towards BEV, namely functionality, emotion, cost of ownership, and car identity. Through a series of pairwise comparisons involving a number of target customers of senior level professionals, their purchase intentions towards BEV have been predicted. The results of this study show that these early wealthy, highly educated consumers have a moderate preference towards purchasing BEV. Their intention to purchase is influenced by criteria as follows: emotion (42.64%), functionality (25.94%), car identity (21.87%), and cost of ownership (9.55%). Even though the invited target customers do not represent the mass market, the findings of this study could help BEV makers in Indonesia choose who the early adopters are and find the BEV product-market fit in order to accelerate the adoption of electric vehicles.

Vehicle to Grid Impacts on the Total Cost of Ownership for Electric Vehicle Drivers

Electric vehicles (EV) are foreseen as one major technology toward decarbonizing the mobility sector. At the same time, Vehicle to Grid (V2G) technology opens a new market for EV owners. This article identifies the impacts of providing V2G services on the Total Cost of Ownership (TCO) of EVs. Thus, we studied EVs in private, semi-public and public charging cases, considering two different V2G revenue streams. The included V2G services were: (i) local load balancing to balance the peaks and valleys of the electricity demands of buildings and (ii) an imbalance service to enhance grid stability. In this paper, the impact of these two V2G services is quantified and considered in the TCO calculations. To the authors’ knowledge, no comparable study incorporating the same V2G services exists in the literature. The TCO is calculated with real-life data for four different EVs currently available in the market. As a result, the V2G TCO ranges from €33.167 to €61.436 over an average of nine years for the Flanders region (Belgium).

The Impact of Using the Total Cost of Ownership (TCO) Account for a Reusable Wooden Flat Pallet in Its Operational Phase on Respecting the Principles of Sustainable Development

Despite the commonly observed trend towards mechanization and automation of operational processes, the potential benefits of wooden pallets as an essential element of the infrastructure of logistic processes are often overlooked in considerations related to sustainable development. Aspects that are mentioned more often include the very idea of the economy itself (circular economy), characteristics of logistics (green), features of the supply chain itself (sustainable) or expectations towards transport (ecological). The authors believe that the idea of total cost of ownership (TCO) in relation to wooden pallets can be a key component of holistic thinking in terms of sustainable development. In a situation where in relation to logistics, reasonable expectations for developing sustainable supply chains are made, paying attention to such a common logistic facility, namely a cargo pallet, which is given so little attention in research, is, in the opinion of the authors, absolutely justified. Therefore, the article presents an original approach to the problem of aggregation of all costs that cargo pallets generate in their operational life cycle, using the total cost of ownership (TCO) analysis methodology. The main goal of the article, however, is to show that the total cost of ownership of a pallet (not only owning it) can become an effective tool used to significantly reduce the costs of logistic activity of enterprises (as well as whole supply chains) and support the idea of sustainable development in practice. Using the primary data from questionnaire research, the focus was on considerations that were of identification character (cognitive and explanatory considerations), which are typical for basic research that aims to explain given phenomena. Thus, the presented cognitive process covers two main areas, namely: the general theory of sustainable development and the specificity of wooden pallets as carriers used in goods trading in terms of their total costs of ownership.