EquipmentWatch 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 and 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 of EquipmentWatch, in a statement. "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: 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 accurate pricing data.
- Data Cleaning & Standardization: EquipmentWatch data experts clean, standardize and organize lists of equipment for customers. All models appended with standard classification and specification data. Services include VIN and serial number verification.
- Fleet-Customized Charge Rates: EquipmentWatch's team of cost analysts will work with fleets’ machine data to determine hourly ownership and operating rates. 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: Disposition analysis combines EquipmentWatch analysts' cost and valuation capabilities with fleets’ maintenance data to deliver a cost-based disposition window and asset-specific remarketing plan.