Could Your Fleet Be Affecting Your Finances?

In days past, financial executives looked at a variety of traditional factors, such as equipment cost, residual risk and availability of capital when deciding whether to buy or lease fleet assets. However, today’s complex business environment has introduced dozens of new considerations with broad financial impacts that have companies rethinking their fleet ownership strategy.

Make no mistake — there are many decisions that can drastically impact your bottom line. Some companies have made sweeping changes to their private fleets, with many eliminating them altogether by outsourcing the entire logistics function. The question for financial executives becomes, “How does our in-house fleet affect customer service and our overall business model?” Is it a core competency, and can we do it competitively?

The answers to these questions may surprise you. Learn what they are now, by reading the full article on Monitor Daily’s site.

Read the full article here.