Making Service Decisions for Older Assets
Originally appeared in Fleet Owner
Evaluating total cost of ownership and shortening maintenance intervals could help fleets spot problems before they cause roadside breakdowns.
Supply chain issues continue to plague the trucking industry, forcing many fleets to extend their asset lifecycles. Fleets operating older assets will see increases in maintenance and repair costs as they try to keep their older trucks on the road.
In addition, fleets may be examining their historical maintenance schedules and their parts purchasing decisions.
Fleets that have had three-to-four-year replacement cycles likely looked at ways to extend maintenance intervals for things like oil and filter changes. Now that these fleets have to extend their lifecycles, they must reevaluate their maintenance practices and see if they can keep their maintenance costs in check by playing catch up. This will entail addressing some deferred maintenance items.
Extended lifecycles will require fleet maintenance managers to reevaluate their choice of replacement parts. Whereas inexpensive ruled the day for short-term lifecycles, extending the life of the replacement part as well as the asset will be a focus going forward. Preventive maintenance must not only address standard items such as oil drains, brakes, and tires but PMs must include parts, components, and sensors. Sensor maintenance will be critical because a fouled sensor can put a truck out of service.
With older assets it may be wiser to consider shortening maintenance intervals and bring vehicles into the shop more frequently as this could help spot problems in their early stages before they cause roadside breakdowns. By evaluating each asset’s TCO and ranking the assets from best performer to worst performer, maintenance managers can redeploy assets and keep poor performing assets closer to home.
Fleets are operating their assets under some rather unusual circumstances, so it makes sense to review “business as usual” practices when it comes to maintenance and repair to get the most out of the older truck
At Corcentric, we stand ready to help any fleet bridge that gap. To learn how we can help, contact Corcentric today.