Fleet management can be daunting for international equipment rental organizations. You may be operating multiple depots across countries and even continents, which makes situating equipment a complex matter. In addition, you’re under continuous pressure to “work out the differences” across diverse locations. This way you can optimize utilization rates, sustain healthy margins across all locations, and reduce added transport expense.
At the same time, you want to fulfil your organization’s commitment. So you can meet current and future fleet management needs for all depots. So that they all realize success for their equipment fleet rentals and sales.
The goal needs to be healthy, sustainable balance, not a juggling act. It’s easy to make a decision to purchase and move equipment around the world. What’s essential to make that decision work is a solution that offers both a full overview and detailed information for each depot before you start moving equipment. You’ll want to know location-specific answers to questions that include:
What is the utilization rate of the equipment request?
What are the statistics from the quotation pipeline for rental and sales?
Is the required equipment available at another depot?
Is the request within the depot’s budget?
What is the prediction based on the historic data?
Image 1: Complete graphical equipment overviews in DynaRent for Dynamics 365 for Finance and Operations (and Microsoft Dynamics AX)
After making an informed decision to purchase and/or move equipment. The next step is to start the entire intercompany equipment lifecycle process. This means including the logistics involved in moving the equipment from one country to another. Here’s where modern fleet management makes your commitment and decisions more manageable and profitable. By implementing modern fleet management, you can better monitor and control what’s happening across all depots by situating all rental fleet financials within one company, with operational usage allocated to various other companies.
With DynaRent for Microsoft Dynamics 365 for Finance and Operations (and Microsoft Dynamics AX), you’ll have the tools you need to manage an international fleet effectively, including planning, logistics, and business intelligence that equips headquarters to fulfil commitments to all depots while sustaining business health.
Image 2: Complete equipment transportation dashboards in DynaRent for Dynamics 365 Operations (and Microsoft Dynamics AX)
With our latest version of DynaRent. We offer both proven and new ways to help your equipment-driven business thrive and grow. This is HiGH Software’s primary goal.
Curious about our solution for your industry? We’re more than happy to provide you with a tailored demonstration. Please contact us at [email protected] to discuss, or visit www.highsoftware.com and see what we’re up to!
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