Why Should You Outsource?
Solutions To Better Your Business
A Handbook That Can Help
Penske provides a handbook called Fleet/Transportation/Logistics Outsourcing: The Why and How. It was designed for executives in finance and operations management. Below is a brief overview of what the handbook offers.
Financial Considerations of Leasing
- The economic use of an asset, rather than ownership of the asset is more important
- The preservation of internal cash and liquidity for higher-yielding investments and acquisitions
- The necessity to expand beyond traditional local geographical operations
- The perceived inability of the proprietary operation to deliver the required fleet and transportation performance levels for the present and future
- The desire to avoid downside risk associated with equipment disposal at end of term
Operational Considerations for Outsourcing
- Environmental protection
- Hiring and retention of skilled technicians
- Labor relations
- Access to technical resources
- Maintenance information systems
- Substitute (replacement) and additional vehicles
- Six sigma quality culture and focused improvement teams
- Additional services available from qualified outsourced providers