The idea is simple. If you improve the processes and
organization you use in running your business, you will
overcome problems and enjoy benefits with measurable
positive financial impacts. In our analysis, we
evaluate seven (7) areas of potential efficiency and savings
in a sample Trailer Rental, Sales and Leasing business with
250 trailers. Our annual savings estimate in this
example exceeds $30,000.00. Annual savings in larger
organizations would be proportionately larger.
Savings
Categories
|
Rental
and Leasing Management
Clerical
Overhead
Lost
Revenue
DOT
Compliance
Trailer
Maintenance
Tire
Expenses
Physical
Inventory
|
Click
on the thumbnails to see examples:
|
| (See
Note 1) |
|
 |
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|
Click
on the Excel Icon and download a file to estimate
savings using your own assumptions:
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|
Our
Assumptions (1) |
| Number
of Trailers: |
250 |
Trailers
In This Operation |
| Utilization: |
75% |
Utilization |
| Clerical
Hourly Rate With Fringe: |
$16.00 |
Per Hour |
| Process
Orders: |
10 |
Minutes
Per Transaction |
| Assign
Trailers: |
10 |
Minutes
Per Transaction |
| Create
Leases: |
10 |
Minutes
Per Transaction |
| Dispatch
PU & deliveries: |
10 |
Minutes
Per Transaction |
| Weekly
Requests for Billing Explanations: |
3 |
Requests
Per Week |
| Weekly
Requests for Equipment Summaries: |
2 |
Requests
Per Week |
| Create
Rental Invoice: |
10 |
Minutes
Per Transaction |
| Create
Drayage Invoice: |
10 |
Minutes
Per Transaction |
| Billing
Research: |
20 |
Minutes
Per Transaction |
| Create
Equipment Recap: |
20 |
Minutes
Per Transaction |
| Lost
Sales: |
$250.00 |
Per Month |
| Lost
Equipment: |
$125.00 |
Per Month |
| Lost
Billing - Rental: |
$125.00 |
Per Month |
| Lost
Billing - Drayage: |
$250.00 |
Per Month |
| Lost
Billing - Miscellaneous: |
$100.00 |
Per Month |
| DOT
Citations: |
$50.00 |
Per Month |
| Trailer
Maintenance: |
$25.00 |
Per
Trailer Per Month |
| Tire
Expenses: |
$12.50 |
Per
Trailer Per Month |
Physical
Inventory:
|
10 |
Hours Per
Month |
|
|
|
