We took data from over 50 of our utility and municipal fleet benchmarking clients and their active Digger Derricks from 2017 to 20211. The sample included nearly 12,000 vehicles weighing less than or equal to 55,000 GVWR. The data used represents the patterns we have seen from the industry average of the selected sample.
Industry comparisons are a powerful tool that should be integral to any fleet management strategy. By analyzing your fleet’s performance metrics against industry benchmarks, you get a more accurate, apples-to-apples comparison and ultimately, deeper insights.
The new benchmarking application features improvements for a more dynamic customer experience and deeper understanding of fleet data. With an expanded report set, increased visualizations and filter capabilities and macro-level Benchmark Study trends, the redesign delivers an in-depth data reporting experience on an intuitive and interactive platform.
Business intelligence seems to be one of those buzzwords that companies throw around when talking strategy and futureproofing solutions, but many find it hard to actually define. Is it a system? A service? A strategic approach? In some ways, it is all of the above.
The Monthly Hotlist will air during the last week of every month, making sure you’re caught up on top stories, new technology launches and new initiatives that’ll surely have people talking.
Building Upon its Benchmarking and Fleet Analytics Products, Utilimarc Launches the First Fully-Integrated BI Platform with AEP, Intren, United EP, and Ameren as Early Adopters.
A benchmark can be applied to any facet of your fleet’s operations. From maintenance to vehicle class, process to product – a benchmark is always a good idea.
Fleets are actively aiming to reduce costs. Ask any fleet manager today, and the odds are they’ll agree. This could be for a variety of reasons – external (like economic fluctuation) or internal (such as an interest to outsource or improve operations).
With its fairly compact size, compartments and capabilities, it has made operating in the field extremely convenient and efficient. Utilimarc wondered if the truck is still performing strong, or if its prowess is starting to slow down.
The operating cost for the Transit Connect in year two was $117 per 1,000 miles, while in year five it was $278 per 1,000 miles, an increase of $161 per 1,000 miles over the five years.