This company has attained its position of leadership by addressing problems with a well-reasoned plan. When its own fleet needed the cost containment of a 10% reduction in trucks ordered from dealer stock, it designed the same kind of systematic solution for itself that it provides every day to others, with the help of Wheels.<\/p>\r\n\r\n\r\n\r\n
It historically bought trucks at the project or branch level on an ad hoc basis. Now, the fleet manager and Wheels set specific parameters for vehicle replacement: 60 months or 110,000 miles for light trucks, 72 months or 144,000 miles for medium-duty trucks. Applying these criteria, they identified 762 trucks as candidates to be replaced. They categorized the vehicles based on maintenance spending over $2,500, then used the revised list to place factory orders for 49 vehicles.<\/p>\r\n\r\n\r\n\r\n
Reducing out-of-stock purchases was addressed through a surplus program. The fleet manager identified five of the largest locations and, following a standardized order template, factory-ordered six new trucks for each.<\/p>\r\n\r\n\r\n\r\n
For every truck factory-ordered rather than buying from dealer stock, it saved an average of $5K. Ultimately, the team was able to reduce out-of-stock purchases by 30%. Upon resumption of normal mileage in a post-COVID world, those results project to an eventual yearly savings of $635K<\/strong>.<\/p>\r\n","protected":false},"excerpt":{"rendered":" Opportunity This company has attained its position of leadership by addressing problems with a well-reasoned plan. When its own fleet needed the cost containment of a 10% reduction in trucks ordered from dealer stock, it designed the same kind of systematic solution for itself that it provides every day to others, with the help of […]<\/p>\n","protected":false},"author":52,"featured_media":22989188,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"project_category":[24],"project_tag":[],"class_list":["post-4313","project","type-project","status-publish","has-post-thumbnail","hentry","project_category-success-stories","topics-vehicle-acquisition"],"acf":[],"yoast_head":"\n