Construction Equipment Executive Institute
Learn the fundamentals of fleet management from our collection of articles and videos. The best in asset management for the construction equipment professional.
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Fluid contamination causes millions of dollars in unnecessary repair expense each year. It slowly attacks components as fluids flow through the various systems invisible to operators and maintenance personnel. It is one of the leading causes of unscheduled downtime and can result in a loss of…
The availability of equipment technicians continues to decline, rapidly intensifying the need to address recruitment, advancement, and retention of mechanically talented men and women to fill the void. Many journeyman technicians with decades of knowledge and experience are contemplating retirement…
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We spend a lot of time discussing what it costs us to own and operate a particular machine. There is no doubt that this is important, but from a company and strategic level, it is not the final word. We absolutely need to know what it costs us to “own and operate” the equipment account as a…
I had a lot of arguments when I earned my living as a hard-riding, fast-shooting construction engineer. The one I remember most was about cost and the need to reduce cost. Of course it is important to reduce and manage cost. No argument there. But you do not improve cost by agonizing over the…
It used to annoy me when people referred to the equipment division as “the shop.” That does not bother me now because equipment management is a serious business. It has a huge impact on the company as a whole, providing the tools needed to produce work on time and on budget. Without an effective…
Measuring and managing utilization is difficult. It is easy to know exactly where the heavy iron is located and to record hours worked. It is a much more complex problem when it comes to the 4-inch pumps, trench rollers, and variable message boards that are moved informally and work…
A work order system must be more than a way to charge time and cost against a machine. It must be an effective way to plan work and improve efficiency.
If yours is not, you need to think again.
A process plan and schedule will take you from maintenance request to completed work as…
It is rate-setting season again. We know about last year, this year is well under way, and we are thinking about the rates we need to change to be successful next year. Do we set conservative rates that will ensure we recover the full cost of owning and operating our fleet; or do we set…
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