Fleet Cost Control

The foundation of an equipment cost model includes the following principals: an asset lifecycle model, operating maintenance & capital budgets, proactive expense monitoring, equipment replacement and remarketing strategy and a contingency plan for capital budget constraints.

  1. Budget Development and Cost Control — Develop or revise annual capital and maintenance budgets and place tools to monitor proactively.
  2. Operating Expense Control — with proper tools in place you will be able to monitor cost as the month progresses rather than waiting until the fifth (5) day of the following month.
  3. Fuel Conservation — Fuel Prices will rise again, are you prepared?
  4. Fleet financial risk management.
  5. In-House Leasing/Charge-backs
  6. Vendor relations — Building a relationship or affiliation with your vendors can mean the difference between success or failure in either cost or service.
  7. Warranty reimbursement
  8. Parts inventory and track — Do you have the mission critical parts on hand?
  9. Liability Assessment — Litigation risk management.
  10. Outsourcing Financial Analysis — Should your organization outsource or when does it become cost-effective to bring it in-house?

For more information — please contact us about our Fleet Cost Control.