How to Measure and Improve Equipment Utilization

Key Takeaways

If your business owns light or heavy equipment, or rents out equipment to customers, it could be helpful to better understand your equipment utilization. Understanding the utilization rate of your assets can save you time and help you make more informed decisions about your inventory. By using a telematics solution that offers equipment tracking, you can track utilization in real time and make informed, data-based decisions more easily.