How to monitor your rental fleet and its availability
Table of contents
Having maximum utilization of your rental fleet means making sure your equipment is at the right depot at the right time. This is how it becomes easier to send it out for a job. Internationally operating equipment rental companies have always invested a lot in their fleet to execute and maintain their current business.
When business is going well, it makes it easier to expand your fleet while monitoring your physical and financial rental utilization rates across the regions where your company operates.
Modern ERP solutions provide a wide range of new tools for traditional equipment rental companies. Allowing them to share their fleets easily across the globe. In addition it unlocks the full potential of having the right equipment in the right place.
But on top of that, there is a far more valuable approach for equipment rental companies: changing their current way of working. When you can share your fleet across the globe, you provide full flexibility for your rental departments to automatically locate the right equipment for the job. You can make automatic reservations. At the same time you ensure that the logistic process is prepared.
Three options to benefit from management by exception
With DynaRent, we provide full flexibility with your rental fleet to allow for management by exception
- Provide full fleet management overviews for your rental team by sharing your rental fleet across regions
- Create automatic equipment reservations during the rental process. This way you make sure your rental equipment is allocated accordingly
- Use graphical fleet overviews per depot/region/country to facilitate equipment transportation. This helps to monitor your fleet across the globe and make decisions anytime
Image 1: Graphical rental fleet availability overviews for serialized and bulk equipment
DynaRent works like an original piece of Microsoft Dynamics 365 for Finance and Operations. As a result, you can have integrated equipment rental processes across all areas of your business. Curious about our DynaRent Solution Suite? We’re more than happy to provide you with a tailored demonstration. Please contact us at info@highsoftware.com to discuss, or visit www.highsoftware.com and see what we’re up to!