ARI, a leading global fleet services provider specializing in complex car and truck fleets, has empowered fleet managers with direct, online access to data vital in deciding the best time to replace a vehicle with the ARI Vehicle Replacement Prioritization Tool®.
This new technology helps companies gather and analyze data from their fleets to create a ranked list of which vehicles in their fleets should be replaced first. Customizable for each client, the analysis takes into consideration factors important to the operation of each fleet, prioritizes the replacement needs of the entire fleet and recommends the order of replacements that optimize total cost of ownership.
The ARI Replacement Prioritization Tool analyzes eight criteria, including age, mileage, maintenance expenses and total downtime. It also accounts for how important a vehicle is to the operation of the company. For example, critical vehicles like a crane or a specialized work truck without a back-up would be prioritized in the system. It also takes into consideration the lead-time for replacement and the availability of like-kind rentals in the ranking process.
Companies tend to keep vehicles in their fleets too long, according to Tony Candeloro, vice president of product development and client information services, which means they are sinking too much money into maintenance costs.
This marks the first time fleet managers have direct access to data to help them make these important decisions.
Company URL: http://www.arifleet.com