Element Fleet Management Case Studies Optimal replacement strategy lowers maintenance and fuel costs

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	Optimal replacement strategy lowers maintenance and fuel costs Element Fleet Management

Optimal replacement strategy lowers maintenance and fuel costs

Element Fleet Management

Technology Category	Functional Applications - Fleet Management Systems (FMS)
Applicable Industries	Food & Beverage
Applicable Functions	Logistics & Transportation
Use Cases	Fleet Management
Challenge	A global leader in selling, marketing and distributing food products noticed their maintenance costs were increasing for their fleet of delivery tractors. The customer was currently cycling their tractors after seven to eight years with 700,000 to 800,000 miles. They asked Element Fleet Management’s Strategic Consulting team to analyze their replacement parameters and recommend an optimal time to cycle the tractors. Read More
About Customer	The customer is a global leader in selling, marketing and distributing food products. They have a fleet of delivery tractors that they use for their operations. The customer was facing increasing maintenance costs for their fleet of delivery tractors. They were cycling their tractors after seven to eight years with 700,000 to 800,000 miles. The customer sought the help of Element Fleet Management’s Strategic Consulting team to analyze their replacement parameters and recommend an optimal time to cycle the tractors. Read More
Solution	Element’s strategic consultants obtained the customer’s historical fleet data and performed an optimal replacement analysis. The in-depth analysis revealed shortening the replacement parameters to five years with 500,000 miles could drive significant maintenance and fuel cost savings. The consultants recommended incorporating a shorter replacement cycle for the tractors. Read More Log in to view content
Contents

Technology Category

Functional Applications - Fleet Management Systems (FMS)

Applicable Industries

Food & Beverage

Applicable Functions

Logistics & Transportation

Use Cases

Fleet Management

Challenge

A global leader in selling, marketing and distributing food products noticed their maintenance costs were increasing for their fleet of delivery tractors. The customer was currently cycling their tractors after seven to eight years with 700,000 to 800,000 miles. They asked Element Fleet Management’s Strategic Consulting team to analyze their replacement parameters and recommend an optimal time to cycle the tractors.

About Customer

The customer is a global leader in selling, marketing and distributing food products. They have a fleet of delivery tractors that they use for their operations. The customer was facing increasing maintenance costs for their fleet of delivery tractors. They were cycling their tractors after seven to eight years with 700,000 to 800,000 miles. The customer sought the help of Element Fleet Management’s Strategic Consulting team to analyze their replacement parameters and recommend an optimal time to cycle the tractors.

Solution

Element’s strategic consultants obtained the customer’s historical fleet data and performed an optimal replacement analysis. The in-depth analysis revealed shortening the replacement parameters to five years with 500,000 miles could drive significant maintenance and fuel cost savings. The consultants recommended incorporating a shorter replacement cycle for the tractors.

Impact #1	The customer is estimated to save $1.5 million in projected savings over the next five years, driven by lower maintenance and fuel costs.

Impact #1

The customer is estimated to save $1.5 million in projected savings over the next five years, driven by lower maintenance and fuel costs.

Benefit #1	$1.5 million in projected maintenance & fuel cost savings over the next five years

Benefit #1

$1.5 million in projected maintenance & fuel cost savings over the next five years

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Overview

Optimal replacement strategy lowers maintenance and fuel costs

Operational Impact

Quantitative Benefit