Right place, Right time
by Sean Kilcarr in the September 2014 edition of American Trucker
As technology continues to beef up the types and volume of data that can be extracted from trucks and trailers alike—largely in real-time—the way fleets and even dealerships manage parts is changing as well.
Michael Riemer, vice president of products and channel marketing for Decisiv, notes that analyzing part costs is not solely about the hard numbers, i.e., prices, anymore. “You’ve got to ensure you have reliable and timely delivery of stock when needed because poor inventory fill rates will impact vehicle downtime and days out of service,” he says. “In other words, negotiating a great deal with a poor supplier may still be bad business in the end.”