Tag Archive for rental fleet

Controlling Maintenance Repair Time is Key to Lowering Fleet Costs

Controlling the cost of your rental fleet is important to be a profitable rental company, but where do you begin? Purchase cheaper equipment?  If you purchase lower quality equipment for less money, you risk having more downtime and will spend more in parts and labor to make repairs. Attempt to cut corners on the parts…

Fleet Reconditioning

Today’s business climate demands that you carefully consider how best to manage your fleet to maximize the rental return on invested capital (rROIC). To extend the opportunities with the machines you already own, consider fleet reconditioning.   What is fleet reconditioning? Fleet reconditioning is a service offered to extend the service life and the value…

Genie Cable Rope

Updated Cable Replacement Protocol for Genie® Boom Lifts

With rental equipment constantly going out and coming in, less time in the shop translates to more time out on rent. To help fleet owners save money and simplify maintenance procedures, Genie has revised its protocol for cable replacement on its cable-operated telescopic booms — the Genie® S™-60/S-65, S-80/S-85, S-100/S-125, SX-135 XC™, SX-150 and SX-180…

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Managing the Age of Your Equipment Fleet

Rental fleet managers work hard to find the precise balance between a machine’s age, hours, maintenance and depreciation expenses to determine the optimum time to retire or replace a machine. The process is influenced by the economy, the number of construction projects currently happening and the opportunities to increase the rental store’s profits.   From…

Why Inventory Management is Important in Rental Fleets

Over the last 10 years, our rental customers have become extremely more proficient in the tracking of rental fleets by machine — revenue generated, rental rates, time of utilization, maintenance/repair costs, interest costs, downtime, warranty costs/issues, depreciation and resale prices. This gives your fleet manager the ability to determine not only the profitability of a…

Strategy

Differentiation Strategy for Your Rental Business

In today’s rental industry, competition in the aerial marketplace is intense, with many rental options available for prospective customers. That’s why it is so important for your rental company to develop a differentiation strategy that will set you apart from your competition. Why does a rental company need a differentiation strategy? The four primary reasons…