Executive Briefings

Kenco Fleet Services Saves Manufacturer 20% on Material Handling Equipment

Challenge: A major U.S. manufacturer who partners with Kenco for integrated logistics solutions was spending nearly $20 million annually on material handling equipment (MHE). These costs consisted of forklift leases and maintenance on equipment less than four years old.

Solution: Kenco Fleet Services (KFS) was able to reduce the manufacturers equipment leases by leveraging its nationwide purchasing power and maintenance costs with highly-trained technicians stationed across the manufacturers distribution network. The KFS team inspected the companys entire fleet, prepared a detailed list of service items to bring equipment up to standards, and developed a fully-loaded maintenance rate per unit. This simplified budgeting and billing by making most maintenance costs a fixed monthly amount.

Results: In 18 months, Kenco Fleet Services technicians reduced the customers MHE spend by more than 20%. The KFS team also proposed a five-year MHE replacement schedule that could potentially save the customer $9 million.

About the Solution Provider: Kenco provides integrated logistics solutions that include value-added distribution and fulfillment, public warehousing, comprehensive transportation management, material handling services, real estate management and supply chain intelligence all engineered for operational excellence. Privately-held and financially strong, Kencos focus is on common sense solutions that drive uncommon value. Learn more at www.kencogroup.com.

Web: www.kencogroup.com

Email: info@kencogroup.com

Phone: 800-758-3289

Solution: Kenco Fleet Services (KFS) was able to reduce the manufacturers equipment leases by leveraging its nationwide purchasing power and maintenance costs with highly-trained technicians stationed across the manufacturers distribution network. The KFS team inspected the companys entire fleet, prepared a detailed list of service items to bring equipment up to standards, and developed a fully-loaded maintenance rate per unit. This simplified budgeting and billing by making most maintenance costs a fixed monthly amount.

Results: In 18 months, Kenco Fleet Services technicians reduced the customers MHE spend by more than 20%. The KFS team also proposed a five-year MHE replacement schedule that could potentially save the customer $9 million.

About the Solution Provider: Kenco provides integrated logistics solutions that include value-added distribution and fulfillment, public warehousing, comprehensive transportation management, material handling services, real estate management and supply chain intelligence all engineered for operational excellence. Privately-held and financially strong, Kencos focus is on common sense solutions that drive uncommon value. Learn more at www.kencogroup.com.

Web: www.kencogroup.com

Email: info@kencogroup.com

Phone: 800-758-3289