Tag: fleet management tips

Construction Equipment

How to spec out your pickup and construction work truck fleet to save on operating costs

Contractors and fleet managers spend a significant portion of their time looking for ways to control operating costs. Fuel is always a big portion of a fleet’s budget, so you may be considering strategies for reducing fuel expenses. There are many technologies, including telematics, that can reduce the total miles your fleet drives. Equipment that decreases unnecessary engine idle time […]

January 20, 2015

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Rule 1: Skid steer O&O costs

Based on a Case 430/440 model, 1700 to 2200 pound operating load, 2007 model, 4 year ownership/depreciation, 750 hours of use per year.   Do the math Unit costs are a great analytical tool. Take your machine O&O costs per hour, apply that to how many hours it takes to move X amount of dirt, […]

November 18, 2013

Business

3 rules for calculating and managing skid steer Owning & Operating costs

People who work with big equipment have a saying: “You can be going broke in this business and not know it for six months.” And the one cost that can be very hard to gauge, if you’re a small contractor or new to this business, is the owning and operating cost of your equipment. To […]

November 18, 2013

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Rule 2: Skid steer O&O costs

Managing operating costs Your operator is always going to be your biggest expense. With that in mind, here are a few ways to lessen that expense. Invest in training for productivity improvements Enclosed cabs, newer equipment help retain quality employees and keep them productive. Match the machine capabilities to the job. You don’t want an […]

November 18, 2013

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Rule 3: Skid steer O&O costs

Money never sleeps. If it isn’t making you money, it’s costing you money. If you buy stock in a company and after a few years it quits growing or paying dividends, you get rid of it. Right? The same is true of equipment. Letting equipment sit idle is like stashing money under a mattress. That’s […]

November 18, 2013

Business

74 tips for reducing equipment costs (31-45)

With this post, we’re now more than halfway through my 74 ways to reduce equipment costs. Here are tips No. 31-45: 31: Track turn rates Turn rates (how often items and inventory value are replaced) are important indicators to show what is and is not moving.  Slow and no movers can be removed but you […]

August 23, 2013