web analytics

Long-term Fleet replacement reporting – 10 Year + Risk Based Formbird FLEET Professionals Community Meet Up

Formbird FLEET is a modern fleet management information system that keeps your fleet safe, accountable, and on budget.

Find out more here –https://www.formbird.com/fleet-management/

Every second month, Formbird gets together with the organisations that use FLEET to discuss all things and share lessons learnt.

Register now here https://www.formbird.com/category/fleet-professionals-community/.

In this meet-up, we talk about Long Term Replacement Prediction and 10-year replacement planning. We’ll be showcasing a new development in replacement prediction that was scoped by Bundaberg, along with existing functionality for tracking the replacement process of assets. We have integrated their scope for prediction and tweaked it to fit into our app.

In addition to prediction-based replacement planning, we’ll touch upon consumption-based replacement, another critical aspect of long-term asset management. By analysing the consumption patterns of assets, we can predict when they will likely reach the end of their useful life and schedule their replacement accordingly. This helps to minimise downtime and maximise the return on investment for the assets. So, whether it’s prediction-based or consumption-based replacement planning, our app has you covered. Let’s explore these features in more detail.

0:00 – Paul Introduction, housekeeping and overview

3:19 – Adam replacement development overview

4:01 – How to find replacement reports

4:57 – Getting started with replacement reports

6:05 – Summary table of the replacement report

9:42 – Show the asset’s fuel average usage

10:26 – Looking into more detail about an asset

12:43 – Question – What about replacement income?

22:22 – What is the process, including the existing functionality

22:52 – Create a replacement document

24:35 – Replacement progress

25:54 – Create a replacement document /alternative

27:22 – Risk-based replacement overview

28:58 – Ian Risk-based replacement details

33:09 – Adam email notifications discussion Introduction

35:09 – Alternative suggestion – SMS

36:35 – Bundaberg Regional is not using emails

38:16 – Exception reporting rather than notification-type emails

40:11 – Adam wraps up the email notification discussion with some conclusions

41:53 – Wrap up

Register now to get the next invite