Case Study - Fleet Management

$21.7M Saved in 4 Years

Smart Strategies

CASE STUDY: MHE

Maximizing Efficiency, Minimizing Costs

By optimizing leasing and maintenance strategies, Kenco helped the manufacturer cut costs by $21.7 million over four years while ensuring equipment met operational standards.

A major U.S. appliance manufacturer was spending $19 million annually on leases and maintenance for forklift equipment that was less than two years old. The current provider was overcharging and lacked transparency, leading to unnecessary expenses.

The Hidden Cost of Leasing

Uncovering Inefficiencies, Delivering Solutions

Kenco visited the customer’s facilities and performed inspections on all the existing material handling equipment. We then provided a detailed list of service items to be addressed in order to bring the equipment up to standards.

Big Impact

We quickly discovered that the current provider was not transparent about their operations and was overcharging the customer—significantly more than Kenco’s innovative solutions would cost.

Lowered maintenance expenses with in-house technicians

Reduced lease costs

Introduced a fixed-rate full maintenance program

Smarter Material Handling, Stronger Operations

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Kenco MHE Solutions

CHALLENGE

SOLUTION

RESULTS