Project – Transportation

Project - Transportation

The Challenge

A transportation company was attempting to acquire another transpiration company in a a different geographical market. The client leased the majority of their motorized vehicles whereas, the company being acquired owned the majority of their assets. How could these two opposing styles exist within a newly formed partenrship?

Project Solutions

Project Solution 1

Assess both company's physical asset records then perform spot field inspections to determine accuracy of data, methods of accumulating data, and determine operating costs per hour by asset class for both companies
Project Solution 2

Identified redundant and under-utilized assets. Disposed of obsolete assets, redeployed under-utilized assets to a higher demand application. Terminated and/or renegotiated lease agreements and maintenance contracts
Project Solution 3

Created a training program with rollout for procurement, operations, and maintenance staff with ongoing follow up and improvement initiative directives

Project Completion 92%

Customer Satisfaction 100%

* Reduced OPEX 22%

Asset Utilization Improvement 39%

Asset Uptime Improvement 50%

Asset ROI Improvement 31%

* OPEX, as used in this graph, is limited to the assets defined within the project.