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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We have discussed the advantages of centralizing the fleet and placing all of the organization’s equipment assets under the direct control of a knowledgeable and experienced equipment manager. The concept works, and many companies have significantly improved equipment operations by creating what is…
It’s been a wild ride since June 1977 when the Apple II was released and VisiCalc launched the spreadsheet revolution. Business information, from accounting to job costing and estimating, is no longer produced by hand. Maintenance work orders are automatically generated right on schedule, and data…
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Most of us have suffered through three or four years of misery: low backlogs, marginal company profits, layoffs, shop reductions. As the marketplace rebounds, now is the time to re-think your need for mechanics. I use the term “mechanics” and “technicians” interchangeably. To me, a technician is…

Equipment managers must take a long-term view of the repair/rebuild/replace decision in order to optimize the value of equipment assets over their full life cycle. They should not worry too much about short-term fluctuations; wise investments and wise decisions pay off. Not everyone sees it that…

I have been in the business of writing these articles, presenting courses, and developing the art and science of equipment management for a long time. Nothing has had as much impact on day-to-day equipment operations as the work I have…

Our goal is to manage our equipment fleet so that we eliminate unplanned downtime. The primary reason to operate your own shop is to control the quality and timeliness of the various services, so you can better control your downtime. It’s usually not to save money, although in your own shop you…

The mood in a recent meeting discussing the impact that the implementation of air-quality regulations would have on the market value of used Tier-4 equipment was pretty glum. The feeling was that the new generation of complex and more expensive machines would not be as keenly sought after in…

We all know that breakdowns cost a lot more than the parts and labor needed to fix the machine and return it to work. We know that there are consequential costs—or, as we will call them in this article, impact costs—associated with breakdowns and that these often dominate thinking when it comes…

I learned a lot about availability and utilization during my railroad construction days when I had the pleasure of working with a very big, very old and incredibly complicated tie tamper. You have not lived until you have worked with a machine like that. It took the full-time attendance of an…

Years ago, my boss had a favorite saying: “What’s everybody’s business is nobody’s business.” It was a way of reminding us that accountability is very important. If you don’t have clearly assigned responsibilities, no one feels the pressure to take the reins and manage the task. I don’t have to…

If a picture is worth a thousand words, then a good data graphic is worth a million numbers. They help cut through stacks and stacks of data and highlight the critical trends. Edward Tufte is the master when it comes to designing elegant…

I have been looking over some recent articles and have come to the conclusion that they were too serious. It is time to have fun. Here are some bumper stickers you can use to dispel some of the myths and misconceptions about equipment, equipment management, and equipment costs.

You do not…

Most of us will agree that the hourly cost of a machine is strongly influenced by how much we use it and how long we keep it. Use it little or keep it for a short time, and cost per hour will be high because owning costs are high; keep it for a very long time, and cost per hour will be high…

Capital expenditure budgets are at an interesting crossroads. Some companies are expanding operations and want to know how much, where and how to invest in their fleets and position themselves for the future. Others see the glass as half empty and are wondering how to minimize expenditure,…

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