Project - Leasing

The Challenge

A food manufacturing company wanted to change their fleet of forklifts from liquid propane (LP), as a fuel source, to electric. The problem was their existing fleet was at various ages and stages of an existing lease agreement. The demand for the assets included freezer applications, steep ramps, indoor-outdoor, wet and slippery flooring

Project Solutions

  • Project Solution 1

    AMI performed a valuation for all assets and then negotiated with lessor for favorable early buy out (EBO) terms for existing assets. Redeployed assets to an outside application where the EBO did not make economic sense

  • Project Solution 2

    Specify equipment, develop and solicit RFP, vet vendors, and equipment, negotiate favorable warranty and full service agreements

  • Project Solution 3

    Design infrastructure to accommodate opportunity battery changing as well as a battery servicing/charging area that would comply with OSHA, ANSI and NFPA standards

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.

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