Managing the Financial Side of Commercial Fleets

KONE Takes Fleet Eco-Efficiency to a Higher Level

This 100-year-old global company streamlined fleet operations, reducing costs of the targeted passenger fleet, trimmed dealer out-of-stock purchases, lowered acquisition costs and accident rates, and decreased greenhouse gas emissions.

March 2010, by Cheryl Knight - Also by this author

KONE's sourcing team uses a broad category management structure involving key stakeholders throughout the entire organization.

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As one of the world's leading elevator and escalator companies, KONE's mission to provide customers with innovative and eco-efficient solutions has stood the test of time. And after 100 years in business, the company continues to search for more efficient ways to operate while providing top-notch customer service and managing costs effectively.

Founded in 1910, this long-standing company operates 800 service centers in 50 countries around the world and delivers approximately 50,000 new elevators and escalators to customers per year. With a service base of approximately 650,000 elevators and escalators and more than 270,000 automatic building doors, KONE strives to offer the best "people flow" experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably, and without waiting from one place to another.

With more than 32,500 employees globally, KONE's corporate headquarters are based in Helsinki, Finland, with the Americas headquarters in Lisle, Ill. With a sales, field management, service, and construction fleet of approximately 3,000 vehicles in North America and 14,000 vehicles globally, managing such a large, far-reaching, global fleet takes seamless and streamlined management. Here, the company's internal strategic sourcing team - supporting  fleet management - takes the lead.

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