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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The companies that seriously manage their spare parts are likely to be the ones that survive in the long run. Parts costs for most construction equipment, especially dirt fleets, run about two-thirds (yes, 67 percent) of all repair costs. That’s way too important to mismanage or manage casually…

The November 19 edition of The Wall Street Journal ran a front-page story about how insurance companies use online purchasing data to identify individuals to whom they can sell life insurance and make a better than average return. The next time you buy a $2,000 elliptical training machine, your…

It seems to me that there are fewer equipment managers today than there were 10 years ago. I’m pretty sure of it, and if you’re an equipment manager, that should concern you. So why is that? Is your job at risk?

Since most construction-company presidents and owners come out of the…

Everybody has been downsizing and holding on to their old iron. Business conditions have been brutal and it certainly has not been fun bidding work, winning work and building work in an industry that seems to have lost sight of the balance between risk and reward.

More and more folk are…

As a general rule for most construction equipment, one-third of your total owning and operating (O&O) costs is your depreciation, one-third of your O&O costs is repair and maintenance related, and one-third is fuel related. I suspect you intuitively agree with this. I am amazed, then,…

Since you are reading this article, my guess is that you are an equipment-owning manager who is open to new ideas.

You probably have a dealer product-support rep who regularly measures your crawler undercarriage. You probably have some kind of oil analysis program that looks at your…

We've all heard various "Rules of Thumb." These are little one liners that intuitively sum up whole textbooks of knowledge. Below are several equipment-related rules of thumb worth passing on along with some comments:

When the total of the equipment repair costs equal the purchase price,…

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