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…
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…
Onboard sensors and wireless data transmission technologies (telematics) have been used to measure machine health and performance since the early…
Sustainability, or “greening the fleet,” within construction equipment asset management has transcended to one of the leading initiatives of many…
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…
The equipment manager role is one of the highest profiles and demanding positions within a construction organization. Often regarded by executive…
Maintenance management continuously evolves as new technologies emerge. Equipment managers must maintain a laser focus on all aspects of their…
Equipment managers have commenced planning for 2021 as business activity slows and their organizations close out 2020. Most will find that the…
Field services support a fleet’s ability to keep equipment on location and productive throughout the project duration. On-site services such as…
Equipment management requires various equipment-specific software systems and technologies to effectively manage fuel consumption, inventory,…
Fluid contamination causes millions of dollars in unnecessary repair expense each year. It slowly attacks components as fluids flow through the…
The availability of equipment technicians continues to decline, rapidly intensifying the need to address recruitment, advancement, and retention of…
Equipment maintenance functions require the use of specialized tools at varying intervals, and their availability to technicians should be simplistic…
Maximizing the productivity and cost effectiveness of construction equipment is the foremost objective of maintenance managers. To reduce unscheduled…