Move to Certification Based Compensation to Keep Technicians The heart of any well-run construction equipment organization begins with machinery that must perform as intended. Talented, trained, and resolute… Read more
Now is the Time to Plan for EVs Environmental sustainability and decarbonization initiatives have become high priorities for equipment executives in the board rooms of organizations… Read more
Post Pandemic Projections for Asset Management One of the most disrupting effects of the Covid-19 pandemic—and one that continues to plague the equipment industry—is the shortage of microchips. It… Read more
Three Types of Asset Depreciation Depreciation is a word with so many meanings that it is all but meaningless. In asset management, depreciation must be defined carefully each time it… Read more
How Deep to Go with Financial Details The correct level of detail in budgeting and cost management is critical for success. If you have too much detail, you will not be able to see the… Read more
Machine Sensors Lag on Operational Data Onboard sensors and wireless data transmission technologies (telematics) have been used to measure machine health and performance since the early… Read more
Sustainability in Equipment Operations Sustainability, or “greening the fleet,” within construction equipment asset management has transcended to one of the leading initiatives of many… Read more
Time to Rethink the Equipment Rate Calculation The rate calculation has not changed much over the years. I remember the days when we estimated the cost of gasoline for the pony engine to the penny… Read more
What New Traits Equipment Managers Need to Succeed The equipment manager role is one of the highest profiles and demanding positions within a construction organization. Often regarded by executive… Read more
Avoid Supply-Chain Disruption on Equipment Parts Maintenance management continuously evolves as new technologies emerge. Equipment managers must maintain a laser focus on all aspects of their… Read more
How the Pandemic Affects Equipment Planning Equipment managers have commenced planning for 2021 as business activity slows and their organizations close out 2020. Most will find that the… Read more
Don't Let Field Service Affect Productivity Field services support a fleet’s ability to keep equipment on location and productive throughout the project duration. On-site services such as… Read more
Ensure Data Integrity in Fleet Management Equipment management requires various equipment-specific software systems and technologies to effectively manage fuel consumption, inventory,… Read more
Tackle Fluid Contamination Fluid contamination causes millions of dollars in unnecessary repair expense each year. It slowly attacks components as fluids flow through the… Read more
How to Build an Equipment Technician Team The availability of equipment technicians continues to decline, rapidly intensifying the need to address recruitment, advancement, and retention of… Read more