asset management proposal
TRANSCRIPT
Stacy Clark, MBA, Fleet SME
Stacy Clark 2011
Asset Lifecycle
Buy
Fuel
MaintainRefurb
Liquidate
Stacy Clark 2011
Total Cost of Ownership (TCO)
Depreciation
Fuel
Maintenance
Stacy Clark 2011
How do I manage and optimize my TCO?
Purchasing
MaintenanceFuel
Stacy Clark 2011
Purchasing Excellence
Vendor Management
Residual Value
Specification Optimization
Key to Success:
Establish a data
driven asset
holding period that
can be supported
by CAPEX and
OPEX.
Considerations:
•Data Driven Decision
•Light Duty – Shorter
•Med/Heavy Duty – Mid
•Specialized – Longer
•Competitive Bid (RFQ)
•Own vs. Lease
•Green Strategy (AFV’s)
•Refurbishment strategy
•Competitive/Timely
Remarketing
Stacy Clark 2011
Fuel Excellence
Sourcing Strategy
Driver Training &
Accountability
Asset Strategy
Key to Success:
Evaluate Internal
versus External
strategies to
provide the
balance between
price, flexibility
and report
automation.
Considerations:
•Fuel Cards, Bulk, Mobile or a
combination
•Green Strategy (Alt Fuel)
•Driver Training
•Accountability via Telematics
•MPG & Idle Tracking
•Inventory Management
•Reporting (IFTA,
Location/Driver Perf)
Stacy Clark 2011
Maintenance Excellence
Communication
SafetyQuality
Key to Success:
Align
maintenance
programs to
holding period
strategy.
Considerations:
•Operator Coordination
•Operator Inspections
•Timely/Thorough PM’s
•Rework/Breakdowns %
•Parts sourcing/stocking
strategy
•Corrective Maint Strategy
•DOT Safety
Stacy Clark 2011
How can we help?
Stacy Clark 2011
TCO/Synergy Baseline
Baseline
Evaluate TCO data – CAPEX and OPEX
Benchmark TCO data – CPM, CPH and CPA
Evaluate current holding period by asset type –
Light, Medium, Heavy and Specialty
Evaluate current fueling strategies – External (Fuel
Cards & Mobile) and/or Internal (Bulk Tanks)
Evaluate current maintenance program alignment
with current holding period – PM Interval, PM Type,
CM Rationalization and overall quality
Stacy Clark 2011
TCO-Purchasing Component
Purchasing
Evaluate vendor/bid solicitation strategies
and results
Evaluate core asset specifications and how
they drive cost, reliability and remarketability
Evaluate current green/AFV strategies
Evaluate liquidation strategies/returns
Stacy Clark 2011
TCO-Fuel Component
Fuel
Evaluate current fueling strategy
Evaluate current pricing, flexibility and
reporting
Evaluate green/AFV opportunities
Evaluate current results to include MPG, idle
and inventory accuracy
Evaluate driver training/accountability
opportunities
Stacy Clark 2011
TCO-Maintenance Component
Maintenance
Evaluate current maintenance strategy
Evaluate current communication/scheduling
process and service levels
Evaluate quality of current maintenance via
hands on inspections and rework/breakdown
data points
Evaluate current parts sourcing/stocking
strategies
Evaluate current asset safety
Stacy Clark 2011
TCO-Summary and Implementation
Summary Document Provide executive summary of findings backed by
detailed executable recommendations to favorably improve TCO
Implementation/Change Management Asst. Provide assistance with the implementation of
Purchasing, Fuel and/or Maintenance Excellence recommendations
Establish game plan, initiatives for performance and process improvement opportunities
Assist in the transformation of the organizational culture regarding all facets of asset optimization
Institute improved data tracking & metrics to ensure ongoing situation awareness and favorable trends
Stacy Clark 2011
Questions?
Stacy Clark 2011