Posted October 24, 2018

Equipment fleet consulting products available

EquipmentWatch's new suite of fleet consulting products offers efficient solutions to large-scale fleet problems.

These solutions cover all major equipment types across construction, lift and access, agriculture, and through an exclusive partnership with Price Digests, commercial trucks.

"These consulting solutions represent the application of extensive data assets, the industry's largest team of equipment analysts, and decades of industry knowledge to solve major problems for modern equipment professionals." says Garrett Schemmel, vice president, EquipmentWatch. "We're excited to help our customers save time, increase margins, and gain a clearer picture of their equipment data."

Consulting solutions are focused on four major areas of fleet management:

Fleet Valuation: Provides accurate values for all your equipment. EquipmentWatch industry analysts provide current market values and residual values for every asset in your fleet. Age, condition, location, and utilization are all factored in to ensure the most accurate pricing data possible. Perfect for insurance, finance and internal auditing. 

Data Cleaning and Standardization: Bring structure to your equipment data. EquipmentWatch data experts clean, standardize and organize your list of equipment. All models appended with standard classification and specification data and services include VIN and serial number verification, which is a critical first step to understanding your fleet.

Fleet-Customized Charge Rates: Calculated charge rates for all your equipment. EquipmentWatch's team of cost analysts will work with your machine data to determine hourly ownership and operating rates for every asset in your fleet. Rates provided for individual assets as well as size class-level rate groups, making them ideal for estimation and internal rental use.

Fleet Disposition AnalysisIdentify the disposal sweet-spot for assets in your fleet. Disposition analysis combines EquipmentWatch analysts' cost and valuation capabilities with your maintenance data to deliver a clear cost-based disposition window and asset-specific remarketing plan. It’s used by the best to plan and operate their fleet for maximum returns, EquipmentWatch sources report.