Description: Equipment management is a complex and difficult task that affects almost every aspect of a company’s operation. Successfully managing equipment costs requires accounting and finance skills and expertise through the entire equipment life-cycle from acquisition through disposal.
This session will focus on best practices in equipment and fleet management including equipment philosophy and structure, acquisition strategies, maintenance, disposal, and much more. It will prepare you to develop accurate equipment costs and set rates.
• Understand how to align your equipment structure, costing methods, and reporting with your company culture and philosophy • Effectively evaluate equipment acquisition, leasing, and rental strategies, and their impact on your equipment owning and operating costs • Develop strategies to address the impact of the equipment department on your company’s estimating, operations, and accounting departments • Understand the importance of an effective preventative maintenance program