7 results for vehicle life-cycle strategy
6 Costly fleet management mistakes solved by right-sizing
September 25, 2017
Inventory management, fuel efficiency, maintenance costs, retaining talent, vehicle acquisition, vehicle life-cycle strategy… No matter the size of the fleet, the challenges of fleet management are the same. The good news is that there’s a solution to these challenges that can be found by right-sizing ...
How Just a Few Vehicles Can Have a Big Business Impact
February 23, 2017
Did you know that 70% of your vehicle maintenance costs are probably coming from just 20% of your fleet? As the maintenance provider to over 15,000 vehicles, Mike Albert Fleet Solutions analyzes maintenance data from fleets of all sizes. On average, we find that the majority of a fleet’s maintenance ...
Future of the Vehicle Resale Market
November 23, 2016
Long story, short… New vehicle sales are way up, causing a flood of used vehicles to be traded in and sold as they’re being replaced by newer models. The surge in supply paired with a steady/flat demand will soon cause used vehicle resale market prices to tank. Unfortunately, the numbers ...
A common vehicle life cycle mistake, Part 2: Proper Cycling
December 22, 2014
Hardworking professionals agree that having reliable, dependable transportation for their crews is of the utmost importance to their business. If a vehicle breaks down and is out of service, the loss of revenue from that downtime could cost $1,000 or more each day from a crew forced to ...
A common vehicle life cycle mistake, Part 1: Sunk Cost
December 16, 2014
Did you know that for most landscaping companies, fleet is a top three business expense? It is also one that goes largely unmanaged, so most companies spend far more money on it than they really need to. Oftentimes, business owners question if they are running their fleet correctly. Between the day-to-day ...
When to Buy, Sell or Trade…Your Fleet Vehicles
August 25, 2014
It’s not the stock market, but effectively replacing fleet vehicles is all about timing too
Should they stay or should they go? It’s a question all fleet managers will eventually face.
When is the ideal time to replace a unit? Deciding on vehicle replacement schedules can be challenging, especially ...