Rent-Lease-Buy Decision Making - A Presentation CONNEXPO-CONN/AGG 2008

fleet replacement

The timely replacement of vehicles is a challenge that most organizations face. By implementing fleet replacement best practices, such as projecting vehicle and equipment replacement requires over multiple years, one can plan funding requirements several years ahead of time and increase the likelihood of receiving sufficient funds. This presentation illustrates several best practices that can assist managers with fleet replacement activities.

3/2008

408 KB

The timely replacement of vehicles is a challenge that most organizations face. By implementing fleet replacement best practices, such as projecting vehicle and equipment replacement requires over multiple years, one can plan funding requirements several years ahead of time and increase the likelihood of receiving sufficient funds. This presentation illustrates several best practices that can assist managers with fleet replacement activities.

Title :

Fleet Vehicles and Equipment - Rent Lease Buy Decision Making

Subject :

fleet replacement

Synopsis :

The decision to rent, lease, or purchase vehicles and equipment with cash is a complex matter that can often overwhelm many a managers; but understanding the details of these purchasing mechanisms can mean the difference between a young and old fleet. This presentation takes an in-depth look at the key differences between procuring assets with rental agreements, lease contracts, and cash.

Date :

3/2007

File Size :

369 KB

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Title :

Fire Apparatus - Replace Versus Refurbish

Subject :

asset lifecycle; fleet replacement; specialty and heavy equipment

Synopsis :

Replacing specialty vehicles and equipment, like fire apparatus, in a timely manner can be a fiscal challenge for any fleet manager. Many operations refurbish such assets, because they perceive this to be more cost effective. This article explores the argument about refurbishing versus replacing expensive fire equipment.

Date :

1/2007

File Size :

230 KB

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Title :

Are Hybrid-Electric Vehicles a Good Buy for Fleet ?

Subject :

asset lifecycle; cost control; fleet management; fleet replacement

Synopsis :

Low bid is the mantra of most public procurement managers — and rightly so. However, “low bid” may not mean what you think it means. The question is: are you skilled enough to structure a bid specification and analyze the responses so that they consider lifecycle costs rather than just net acquisition cost? When consider hybrids and other specialized type of equipment the use of lifecycle cost analysis (LCA) is imperative when deciding to if it is worth the investment. This article explains the use of LCA for selecting vehicles during the procurement process.

Date :

10/2006

File Size :

527 KB

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Title :

Pay Me Now or Pay Me Later - The Truth About Vehicle lifecycle Management

Subject :

asset lifecycle; cost control; fleet replacement

Synopsis :

Funding for vehicle replacement purchases is a frequent target of budget cutters when a company is under pressure to reduce costs or increase profits. These short term decisions can have a significant long term financial impact.

Date :

7/2005

File Size :

43 KB

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Title :

Vehicle and Equipment Specification Writing and Getting What you Need Legitimately

Subject :

asset lifecycle; fleet replacement

Synopsis :

The process of developing specifications for the purchase of vehicles and equipment is a complex task. Many fleet managers and purchasing agents have come to the conclusion that restrictive and narrowly defined RFP specifications is the only mechanism for procuring the correct assets for their operations. Moreover, some specifications are so limiting in their scope that many vendors forego bidding on an opportunity, because they believe the RFP is wired for another vendor or brand of equipment. Performance-based specifications, however, can be used to achieve a fair, competitive bidding process and protect you and your fleet customers from getting the best value due to a low-bid procurement environment. This article discusses how you can implement performance-based specifications for vehicle and equipment procurements.

Date :

2/2004

File Size :

153 KB

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Title :

How to Develop Performance-Based Vehicle and Equipment Specifications

Subject :

asset lifecycle; fleet replacement

Synopsis :

The process of developing specifications for the purchase of vehicles and equipment is a complex task. Many fleet managers and purchasing agents have come to the conclusion that restrictive and narrowly defined RFP specifications is the only mechanism for procuring the correct assets for their operations. Moreover, some specifications are so limiting in their scope that many vendors forego bidding on an opportunity, because they believe the RFP is wired for another vendor or brand of equipment. Performance-based specifications, however, can be used to achieve a fair, competitive bidding process and protect you and your fleet customers from getting the best value due to a low-bid procurement environment. This article discusses how you can implement performance-based specifications for vehicle and equipment procurements.

Date :

10/2003

File Size :

107 KB

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Topic :

When Vehicle and Equipment Replacement Budgets Shrink: Think Outside the Box

Categories :

asset lifecycle; cost control; fleet replacement

Synopsis :

As funding for fleet replacement diminishes in a tough economy many organizations begin considering alternative methods, such as lease-purchase financing, to purchase new vehicles and equipment. This articles discusses the funding options that are available to government and commercial organization and how each funding approach works.

Date :

8/2002

File Size :

127 KB

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