Fleet Utilization Improvement Delivers $13M in Cost Savings
Industry: Electric & Gas Utility
Company Size: < 10,000 employees
Ownership: Public
The Challenge:
Poor scheduling and long approval timelines led to low vehicle utilization and heavy reliance on costly rental vehicles.
Our Approach:
Visual Management: Standardized fleet utilization dashboards across all jurisdictions.
Rent vs. Buy Analysis: Developed data‑driven recommendations across vehicle types.
Over‑processing Elimination: Removed unnecessary approvals and standardized thresholds.
Standardized Scheduling: Improved utilization across business units.
Aging Asset Sales: Defined standards for selling aging assets to maximize value.
The Results:
8% increase in overall fleet utilization
$10M one‑time cost savings
$2.5M annual cost savings
92% reduction in purchase approval cycle time
5% reduction in fleet size
Why It Matters
Higher fleet utilization boosts productivity, reduces downtime, and maximizes capital asset effectiveness.
Services & Tools: Process Mapping, OEE, Waste Elimination, Make vs. Buy Analysis
