What results should you expect when choosing a partner with decades of fleet management expertise?
How can a custom approach to fleet management benefit you? These case studies will answer those questions.
CASE STUDY #1
Food & Beverage Company Saves $6.5M in Lease Return Fees
The Problem
1,600+ assets were returned from lease
Client was expected to pay lease-return fees on equipment before return
Client exposure was > $6.5M
The Solution
Two-party leasing creates flexibility throughout the asset lifecycle
Realistic residuals allow the client to avoid end of life fee
Implement holistic fleet maintenance plans to ensure proper maintenance of asset
Lease rate is determined by utilization, maintenance, and usage
Cost Savings
$6.5M
Return Fees Charged
1/1,600+ Assets
End-of-life industry life fees
$4,000
CASE STUDY #2
Specialty Steel Manufacturer Gains Cost Savings from Reduced R&M
The Problem
High repair and maintenance spend
Assets beyond useful economic life
Too many under-utilized assets
The Solution
Asset utilization analysis guides leasing terms and scheduled services
Optimized asset lifecycle
Liquidated assets not required for production or backup
Negotiated aggressive buyouts for overutilized equipment to avoid overtime and lease return fees.
Cost Savings
$300k
In Repair & Maintenance
Fleet Size Decreased
25%
Invoice Auditing Saved
$33K
CASE STUDY #3
Right-Sizing Leads to Increased Cost Savings
The Problem
Frequent downtime of owned assets, causing production delays
Inefficient vendor management
No spend thresholds or standards
Limited insight of entire fleet
No visibility of overall spend
The Solution
Streamlined vendor management
Increased production efficiency by implementing R&M program with spend thresholds
Utilized national account partnerships = Cost-effective equipment replacement
Identify root cause and reduce repetitive damage issues
Repairs Decreased
50%
Return Fees Charged
1/1,600+ Assets
End-of-life industry life fees
$4,000
CASE STUDY #4
Company Saves $1.8M Reallocating Equipment
The Problem
Corporate decided to close a manufacturing facility
Location had 300 assets that needed to be sold or reallocated quickly
Client Exposure = $1.8M of early return leases, pre-tax
The Solution
Sold assets not needed to secondary market partners
Re-allocated most assets to other facilities that were over-utilizing their equipment
Cost Savings
$1.8M
Remaining Client Exposure
$100K+
Reallocated Assets
240+ Assets
DOES YOUR FLEET MANAGEMENT PLAN GIVE RESULTS LIKE THESE? IT DOES WITH FLEET TEAM.
These and over 600 more client sites maximized fleet efficiency and saved on operations costs with Fleet Team. Join them.
