Retention of your equipment: how to remedy it?

March 8, 2024

One of the most effective ways to reduce a company's logistics costs is to do more with less. While it's easy to say, the reality is quite different. The good use of its resources and the maximization of its rotations is essential.

One of the most effective ways to reduce a company's logistics costs is to do more with less. That's nice of you to say it, but in reality it's just another kettle of fish. This requires the good use of its resources and therefore the maximization of its rotations.


Retention characterizes an asset that is “retained” for too long in an area for this to be normal in the context of your business. In other words, retention illustrates a kind of waste in the use of your assets.

 

To achieve your objective of customer satisfaction and operational productivity, you must know how to analyze your performance using ergonomic software for advanced statistics, then set up an actionable process with your teams and/or suppliers.


Maximizing hardware means limiting unwanted or unwanted retentions in your network. Let's start by asking ourselves the right questions, see instead:

 

Where are my assets held? How are they used? What steps in my rotations are not optimized? How do you answer these questions without spending hours analyzing mountains of data?


Today, very little retention analysis is done, due to lack of data. If they are then, they are manual based on declarations and only on certain accessible sites (Factory). In particular, customer retention is very little analyzed because it is not possible to differentiate between travel times and parking times at destination. IoT is one of the ways to be evaluated because these technologies make it possible to obtain information in real time on each piece of equipment and on its behavior.

 

In the spirit of wanting to simplify the analysis of your data, Everysens has developed an ergonomic data visualization tool, called “OmniLens”. This software aggregates data from your equipment (from IoT or telematics) and was built with and for players in the Supply Chain: from the flow pilot to the fleet manager to the Transport or Supply Chain Director. Then benefit from relevant information and above all a level of detail that allows you to carry out field actions according to your own areas of optimization.


For example, maximizing your rotations also means limiting empty transport as much as possible with optimized routes, so fewer kilometers are covered by your fleet. This therefore allows a reduction in your fuel budget and a reduction in your company's CO2 emissions. As a result, your fleet is used more efficiently. Productivity is therefore increased while paradoxically reducing operating costs.


The importance of analyzing your assets is therefore to have good control and management of your resources in order to establish a solid and reliable transport plan for your end customer, reduce your costs and gain in productivity.

Want to learn a bit more? Plan a meeting with our team.