The Bradford Factor

March 15, 2024

For most heavy-equipment contractors, achieving effective fieldwork hinges on just two essential elements: equipment and personnel. These two components share an interdependent relationship, with equipment relying on skilled operators to fulfill their functions, and people depending on the equipment to efficiently complete their tasks. If either of these elements is missing, no work in the…

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Zero Based Budgets Power Profits

February 20, 2024

Those who manage fleets of construction equipment are familiar with the concept of budgeting. It is a standard practice, usually based on last year’s performance. Zero-based or break-even budgets, however, provide an opportunity to streamline cost management, enhance accountability, engage in more productive conversations, and ultimately increase profits. A budget is simply a tool that…

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Six Steps to Create an Asset Structure

November 12, 2023

Categorize the equipment in a fleet for proper management

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The Challenger vs. the Defender

October 31, 2023

A deeper look through the window of opportunity at replacement decisions.

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The Window of Opportunity

September 27, 2023

Extending machine life makes sense if the economics of the sweet spot, including owning and operating costs, are understood.

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