Connect with us


Flexibility In Your Fleet – The Advantages Of Equipment Hire

The nature of the construction industry, where no two jobs are the same, makes maintaining a fleet suitable for all purposes challenging and expensive. A company with a diverse and dynamically changing portfolio of jobs requires an inventory of equipment and machinery to match. Without immediate access to the right tools for the job, work can quickly pass your company by – meaning better positioned competitors can benefit from the jobs you let go; great for your competitors and disastrous for you.

Flexibility In Your Fleet – The Advantages Of Equipment Hire

Fortunately, there is a better way to equip yourself and ensure your company is in a position to take on any job; big or small. There are other benefits to hiring or leasing equipment too – here we’ll take a look at five of the greatest.

1. Improved Agility and Lower Lead Times

When a new job comes into the system, a new customer walks through the door or a potential client calls reception you want to be in a position to take on the work. You also want to be able to promise the client you’ll get started as quickly as possible and, man power aside, the greatest barrier to being able to do this is often a lack of tools or inventory.

Now, maintaining a huge inventory and stock of equipment is prohibitively expensive and ordering in a new tool every time it requires takes excessive amounts of time. To order in an industrial tool, for example, can take several weeks from order to delivery. Leasing equipment, however, is a way to access the tools you and your company needs on demand, reducing lead times and improving your company’s ability.

2. No Expensive Outlay

The selling point for many companies is the value for money. Leasing equipment means no expensive outlay, no upfront cost and no pricey finance deals. Instead, your company simply pays for what it needs and when it needs it; potentially saving you thousands.

The economy makes further sense if a job is unusual or the first of its kind your company has come across. Forking out for expensive equipment in the hope of using it again is foolish and expensive.

Take a telehandler for example. Even second hand, these incredibly versatile machines can cost upwards of ten thousand pounds. Telehandler hire however, is much cheaper; one could be yours for a matter of hundreds, rather than thousands, of pounds.

3. No Responsibility for Service and Repair

Leasing equipment also relieves your company of the responsibility for its service or repair. More often than not the leasing company will take charge of maintenance of the tool or equipment, which saves you time and money. This can save your company significantly for larger tools, equipment and vehicles which can be costly to maintain; particularly in their old age. It

4. Reduction of Fleet and Inventory Size

Maintaining a large fleet of vehicles and inventory of tools is awkward and costly. The tools must be securely stored in a warehouse or factory, requiring floor space, security systems and a secure building. Moreover, on a similar note to the previous section, large fleets and inventories are expensive to maintain and repair. All these considerations are alleviated by leasing your equipment.

5. Access to the Latest Equipment and Tools

Finally, procured equipment quickly becomes out of date, particularly in industries such as construction and agriculture. Every season the very latest tools and industrial or agricultural vehicles are released, each with better performance, lower maintenance requirements and greater efficiencies than the season before. To continually invest in and update your inventory is a perpetually expensive process and one that most firms cannot afford to partake in.

On the other hand, leasing equipment gives your firm access to the very latest and greatest tools and equipment – giving your company an advantage over your competitors. By hiring or leasing equipment you can literally place the very best tools in your employees’ hands, improving their productivity and the quality of their work.

The evidence couldn’t be clearer; leasing equipment will save your company money, time and a whole lot of hassle. Your inventories will be reduced and it will relieve you of the responsibility for maintenance and repair.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Recent Posts

THC Vape Juice THC Vape Juice
Lifestyle5 days ago

Get the Best Thinks of THC Vape Juice and Know Their Flavors

E-juice or vape juice is a blend of water, nourishment grade enhancing, a decision of nicotine levels or zero nicotine,...

money-india-currency-indian-68912 money-india-currency-indian-68912
Finance5 days ago

Exclusive Loan Schemes Indian Government Launched for Women Entrepreneurs

According to the 6th Economic Census of the Ministry of Statistics and Programme Implementation, the share of women entrepreneurs is...

Apartment Makeoverw Apartment Makeoverw
Home Improvement6 days ago

7 Creative Ideas for an Apartment Makeover

Whether or not you feel like your apartment is due for an upgrade, it is essential always to have ideas...

Home Improvement7 days ago

The Top Ways to Beat the Winter Blues in 2019

When it comes to Winter, unless you are celebrating Christmas or New Year, it can feel a bit like a...

6 Tips to Boost the Value of a Beachside Apartment 6 Tips to Boost the Value of a Beachside Apartment
Home Improvement7 days ago

6 Tips to Boost the Value of a Beachside Apartment

It does not matter whether you are looking to offload your property or get a quote that you are comfortable...

Business2 weeks ago

Is a Local SEO Strategy Right for Your Business? And What to Do Next

Local SEO is certainly one of those terms that have made their way across the internet in recent years. There’s...

The Day Of Marriage The Day Of Marriage
Lifestyle2 weeks ago

6 Things That Are Commonly Forgotten On The Day Of Marriage

Planning a wedding is something that’s like creating a base which will be important for having a wonderful wedding. It...

Markets & Finance3 weeks ago

When You Would Need A Cover Letter

The main concept behind a cover letter is to tell a job, internship, academic program (really anything you’re applying for...

Health3 weeks ago

7 Great Techniques to Help You Get a Good Night Sleep

Sleep is a significant activity for any human being. That’s why it’s a shame that modern society tends to glorify...

Tech3 weeks ago

What you Should Look for in the Upcoming Redmi Note 8 & Redmi Note 8 Pro

Post the unveiling of Redmi Note 8 and Redmi Note 8 Pro in August this year in China, it’s much...

Business3 weeks ago

Understanding Who you’re Selling to

As you move on from just simple survival as a business, it’s important to make sure you’re playing to your...

gn-gift_guide_variable_c_2x gn-gift_guide_variable_c_2x
Travel4 weeks ago

Saving Money While Having Fun in Honolulu

Conquering the Honolulu with a Small Budget Hawaii may not be considered as a budget-friendly destination but you should not...

Travel4 weeks ago

5 Tips For Getting Around in Vegas

Las Vegas is always on most travelers’ to Do list. Travelers to Las Vegas usually choose to fly, however road...

Education4 weeks ago

5 Different Engineering Degrees You Can Study

Engineering is no longer the fearsome career path it once might have been. Engineering courses of study and achievement of...

Home Improvement1 month ago

Sparks and Smoke: 6 Signs Your House Needs Rewiring

If you bought an existing home, it’s likely the wiring was done a long time ago. Over the last few...