qek corporate overview
DESCRIPTION
Fleet Management ServicesTRANSCRIPT
Decidedly different.
Introducing
Decidedly different asset management.
Decidedly different.
BackgroundQEK is an integrated asset management company with over 24 years experience
• QEK is “decidedly different” than our competition
• Our IT Solution . . is a unique proprietary asset management software solution, that is scalable, configurable and
can interface with clients’ enterprise systems is not a template solution “pushes” business process and proper work flow allows our clients to consolidate multiple operating systems
• Our Personnel. . are located on-site at our client facilities provide hands-on administration services capable of providing garage services
• Headquartered in Bloomfield Hills, MI, operating in 52 facilities across North America
Decidedly different.
QEK is owned by transportation industry leadersExperienced, financially stable partners who know the business
Ownership
Truck Leasing
Owns and operates over 300 automobile dealerships worldwide.
Rental and Leasing of over 220,000 trucks
Investment fund focused on transportation companies
Venture capital investors
Decidedly different.
Value
• Providing a unique, configurable, web-based asset management software solution• Working collectively with our clients to design customized asset management programs • Providing fully integrated administrative and garage services • Reducing fleet operating costs • Increasing Return on Net Assets (RONA)• Maximizing asset utilization• Reducing program risk and liability• Creating and maintaining operating efficiencies • Enabling our clients to focus on their core business• Setting and monitoring KPIs (key performance indicators)
QEK’s asset management methodology is fully focused on delivering efficiency by:
Decidedly different.
Differentiating QEK
QEK ServicesQEK Services
Engineering, Body, Mechanical Services and Support Services
Event and Marketing Support
Technology Systems and Support
Re-Marketing and Disposal
Parts Recovery and Tracking
Business Re-Engineering
Asset Logistics / Storage
“The Power of One”
One-Stop Shop
AIM Lifecycle AnalysisOne Relationship
Off-Balance Sheet Financing Support
Fully Integrated Asset Management
Call Centers
Leasing
Decidedly different.
We manage your assets from initial order to final disposalWe generate value by our profound understanding of unique asset lifecycle requirements
QEK Methodology
Decidedly different.
AIM is an assessment service that QEK’s experienced personnel provides for prospective or existing clients to identify cost savings and
operational efficiencies. The AIM process includes a comprehensive audit of existing asset management programs, analysis of the findings
and a recommended solution.
Analyze, Integrate, Measure
Decidedly different.
Tap the experience of QEK’s Subject Matter Experts
Analyze, Integrate, Measure
AIM Results
Continuous communication throughout partnership
Phase 1
Audit
Phase 2
Review with SMEs
Phase 3
Build Solution
Phase 4
Present Recommendation with transition plan
Continuously comprehend client goals and objectives
• Reduce program, administration & holding costs• Increased RONA• Develop centralized reporting• Elimination of redundant systems• Streamlined processes, policies and procedures• Reduced inventory levels• Increased employee productivity & accountability• Optimize asset utilization• Continuous improvement on best practices
Decidedly different.
We have provided integrated asset management services for over 24 yearsOur innovative, custom built solutions have saved our clients millions of dollars
Asset Management
• Designing an asset management program that is right for you• Managing the entire lifecycle of each asset • Maximizing utilization • Determining proper asset mix • Optimizing in-service usage • Ensuring proper maintenance • Managing asset disposal and promoting out-of-service
marketability • Maximizing the return of your valuable assets • Setting and monitoring KPIs (key performance indicators)
Decidedly different.
Garage Services
Servicing your assets on-site maximizes your return on investmentQEK’s differentiated approach in providing turnkey garage services includes:
•Highly trained, certified technicians •Garage supervision •Mechanical and collision repairs •Preventative maintenance •Product up-fitting •PDI •In-life servicing •Warranty claims •Campaigns and recalls •Engineering standardization •Collision and body repair •Hazardous material handling •Parts storage and warehousing •Parts dismantling
Decidedly different.
A unique proprietary asset management software solution, that is scalable, configurable and interfaces with clients’ enterprise systems
IT Solution (eGAMS)
electronic Global Asset Management System
•Manages all of your assets and asset lifecycle requirements. •Monitors and measures the amount of time in each stage•Tracks each task associated with the asset in each stage•Pushes process ensuring quality control•Allows visibility of an assets current usage and location•Maintains total financial visibility and accountability •Highly configurable •Built in Microsoft .NET •Web-based •Capable of managing assets of any type, size or complexity •Custom reporting capabilities
Understand Client Goals, Objectives & Budgets
Determine Proper Fleet Mix for: Optimal In-Service Usage Out-of-Service Marketability Analyze Fleet Costs
Evaluate Lease vs. Buy Options Analyze Depreciation Develop & Implement a Successful
Fleet Program
Continuous Improvement Monitor KPI’s Consolidate Expenses Track Client Satisfaction Conduct Quality Audits On-Site Administration Manage Vehicle Lifecycle Preventative maintenance
Analyze Disposal Options to Maximize RONA
Administration of Vehicle DisposalDealer/Auction SalesEmployee Purchase ProgramsVehicle Scrap/CrushParts Recovery
Decidedly different.
Decidedly different.
Being Decidedly Different
Hands On Administration
Unique IT Software
Focused on Right-Sizing
Increased Asset Utilization
A unique philosophy.An effective methodology.
Decidedly different.
There is no “canned” solution for your specific needsWe generate real value by positively affecting both your P&L and Balance Sheet
The QEK Philosophy
• Our Value: Unlike leasing companies that have a built-in incentive to lease you more equipment, our overall goal is to reduce your fleet size while optimizing the utilization of each piece of your equipment. Our focus is in understanding how we can positively affect your cash flow. That generates value.
• Unique IT Solutions: Our electronic Global Asset Management System (eGAMS®) is fully process oriented rather than being just an asset tracking solution. That means we can use eGAMS® from product delivery to disposal to more effectively manage your vehicle availability.
• Hands -On: Our client’s satisfaction is generated from hands-on interaction. A vast majority of our employees are working inside client owned facilities. Being on site is different than being on line.
Decidedly different.
A fleet management challenge typical of many we seeSignificant savings generated through the use of QEK’s process driven approach
A Typical Case Study
The Challenge• No centralized management of assets • No limitations on vehicle orders • Excess amount of vehicle inventory • No physical audits being performed on inventory • Broken processes, policies and procedures • No internal controls to secure assets • No cross utilization of company assets • All assets were being disposed of through auction
QEK Solution• Established formal ordering procedure within authorized limits • Implemented monthly Key Performance Indicators (KPI’s) measuring timing of
vehicle lifecycle stages (i.e. order through disposal) • Redesigned processes, policies and procedures to minimize vehicle hold time • Conduct regular physical audits to maintain control of inventory • Implemented several disposal methods to maximize return on net asset
Results• Reduced vehicle hold time resulting in $2.2M cost
savings, year on year • Maximized utilization of vehicles resulting in an
inventory reduction of 23%, $9.87M cost savings annually
• By implementing QEK services, client realized a 10:1 ROI
Results• Reduced vehicle hold time resulting in $2.2M cost
savings, year on year • Maximized utilization of vehicles resulting in an
inventory reduction of 23%, $9.87M cost savings annually
• By implementing QEK services, client realized a 10:1 ROI
Decidedly different.
We stand ready to build a unique solution to handle your asset management needs.
Thank You!
North American Headquarters6001 N. Adams Rd. Suite 100Bloomfield Hills, MI 48304248-729-5400www.qek.com
Canadian Headquarters850 Wilson Rd. southOshawa, Ontario L1H6E8905-432-3388www.qek.com