
Supply chain constraints make it difficult to get replacement vehicles leading to extended cycling of those currently in service. This is pushing the envelope of warranty coverage that is exacerbated by a shortage of replacement parts.
Supply chain constraints make it difficult to get replacement vehicles leading to extended cycling of those currently in service. This is pushing the envelope of warranty coverage that is exacerbated by a shortage of replacement parts.
Many factors converged to exert upward pressure on PM costs, such as longer vehicle service lives due to limited product availability; the ongoing transition to synthetic oils; and higher labor rates to attract scarce technicians.
Several of last year’s 2020 Fleet Visionaries detailed during a virtual webinar where their fleets have seen recent success, touching on the themes of sustainability, effective vehicle cycling, maintenance, and safety.
The forecast of the cost of maintenance and unscheduled repair is anticipated to go up in CY-2021.
Topics discussed included the emergence of more electric vehicles in fleet operations, the proliferation of advanced driver-assistance systems (ADAS), the increased complexity in fleet maintenance along with the lack of technicians in the market, an increase in vehicle diagnostics capabilities, and changes that have occurred as a result of the pandemic.
Topics discussed included the emergence of more electric vehicles in fleet operations, the proliferation of advanced driver-assistance systems (ADAS), the increased complexity in fleet maintenance along with the lack of technicians in the market, an increase in vehicle diagnostics capabilities, and changes that have occurred as a result of the pandemic.
Although unscheduled maintenance increased due to extended service lives, prolonged inactivity during the COVID lockdown, and longer downtime due to parts shortages, costs were flat as vendors refrained from price increases.
One trend that is gaining momentum among commercial fleets during the pandemic is the use of mobile maintenance vendors. There has been a substantial uptick in fleet requests for mobile maintenance solutions as fleet managers look to minimize downtime and the administrative burden of taking their vehicle to a repair shop and having the driver wait.
Now is when the fleet industry should be proactively identifying these future technicians. The fleet industry has a window to tap into this idled labor pool, who will look attractive to other industries experiencing labor shortages leading to increased competition to recruit this talent.
“Repair or replace” is one of the basic decisions fleet managers must make, often several times each year. Knowing the value of fleet assets, and collecting the right data, will help make the decision a simple one.
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