Whether you drive a big rig for a living, are employed in fleet management, call fleet operations home, or work in maintenance, the shortage of truck parts impacts you. Older trucks are sidelined until parts arrive.
Also, fleet maintenance is paying more for parts. And the shortage of computer chips or rising prices for aluminum and steel doesn't help: the production line for Class 5-8 trucks has slowed down.
Parts are, well, only part of the story of high downtime and vehicle utilization. Maintenance technicians and drivers are hard to come by, and business is challenged by supply chain mayhem. Just as Southwest Airlines offset rising fuel costs with fuel hedging, you can hedge your bets and win the parts game.
Here are five fleet management strategies you can implement to avoid fleet downtime and anticipate your spare parts inventory.