Rental Management 301: Advanced Rental-Module 2: Fleet Management

Module 2: Fleet Management - Part 1

Video Transcription

Video Summary

Module two of this video focuses on fleet management and the responsibilities of a rental manager. The rental fleet is a significant investment that needs to be carefully managed to achieve desired results. The module discusses three key components of fleet management: the machine lifecycle, measuring fleet performance, and analysis. The machine lifecycle includes acquiring, owning and operating, and deciding when to sell the machine. Measuring fleet performance involves evaluating various metrics, while analysis helps identify underperforming machines and determine the best course of action. The module also highlights costs and expenses associated with each phase of the fleet management process.

Keywords

fleet management

rental manager

machine lifecycle

fleet performance

analysis