EquipmentWatch has announced a new suite of fleet consulting products now available to contractors and equipment professionals seeking efficient solutions to large-scale fleet problems. Through an exclusive partnership with Price Digests, these solutions cover all major equipment types across construction, lift & access, agriculture and commercial truck.
"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," said 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
Providing accurate values for all your equipment. EquipmentWatch industry analysts provide current market values and residual values for every asset in a 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. Services include VIN & Serial Number verification; a critical first step to understanding your fleet.
Fleet-Customized Charge Rates
Calculating 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 are provided for individual assets, as well as size class-level rate groups, making them ideal for estimation and internal rental use.
Fleet Disposition Analysis
Identifying 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. Used by the best to plan and operate their fleet for maximum returns.
EquipmentWatch is a world leader in data, software and insights for the heavy equipment industry. For nearly 50 years, EquipmentWatch has served contractors, equipment manufacturers, dealers, rental companies, lenders and insurers, and government agencies involved in heavy civil construction.