OPEX
Finance
OPEX (Operating Expense)
Operating Expense
Recurring expense required to run the business, such as labor, utilities, maintenance, rent and consumables.
Examples
- 01The plant's OPEX for the year is EUR 18 million, mainly wages, energy, maintenance, rent and consumables.
- 02OPEX is reviewed monthly against budget, and any line more than 5 % over budget must be explained by its owner.
- 03A predictive maintenance programme reduces OPEX by cutting emergency repairs, which is verified after a full year of data.