AssetWorks ROI Calculator
Save up to £360,000 Per Annum with FleetFocus
Over the past 40+ years, we’ve collaborated with over 600 fleets of all shapes and sizes to bring you the below comprehensive ROI Calculator.
Recommended Solutions
M5 Workshop loading
HaynesPro
Business Issue
Scheduling
- Not automated, every year fleets must set up new schedules for the whole fleet.
- Service patterns can get missed.
- They must then be entered manually.
- Overdue issues.
- Service patterns are set up manually.
Cost of Problem
20% loss overall in productivity.
10 team members @ £15:00 per hr.
Average 1.5hrs per day.
= £225.00 per day at average 200 days a year = £45,000.00 per annum.
Value of Correcting
Potential annual saving of £45,000 per annum.
Recommended Solutions
M5 SaaS
Business Issue
Current System
- Time wasted while waiting for the system to respond.
- System goes down constantly.
Cost of Problem
This happens 60% of the working day. Take a typical day that’s 2.5hrs of lost time per team member.
Value of Correcting
10 team members @ £15:00 per hr. = £375.00.
Average 200 days a year = £75,000 per annum.
Recommended Solutions
Cleansing during the implementation process supported by data loader
Business Issue
Data
- Cleansing, concerns about accuracy and quality.
Cost of Problem
Reporting can be inaccurate.
Time spent correcting data.
30mins per team member per day
Team of 10 = 5hrs per day. £75:00 per day at £15:00 per hr.
Average 200 day = £15,000k per annum.
Value of Correcting
£15,000 per annum potential saving.
Recommended Solutions
Standard Triscan API
Business Issue
No interface to Triscan
- Duplicate entry risk of wrong data entry issues.
Cost of Problem
1 hour per day = £15:00
200 days a year = £3,000.00 per annum.
Value of Correcting
£3,000 per year potential cost saving.
Recommended Solutions
Automated DVLA interface
Business Issue
Licence checking
- Manual time consuming
Cost of Problem
Manual transfer is slow.
On average 2,000 checks are done per year.
8mins per check = 16000mins per year = 266.66hrs X £15.00 per hr
= £4,000.00 per year.
Value of Correcting
£4,000 per year potential cost saving
Recommended Solutions
EDGE | Mobile Apps
Business Issue
UI & UX
- The views are too busy and difficult to use. Technician interfaces need to be simple.
Cost of Problem
Estimated saving cost based on 4 technicians @ £15:00 per hour saving 30mins day each = £6,000.00 per year.
Value of Correcting
£6,000 per year potential cost saving.
Recommended Solutions
FleetFocusEV
Business Issue
EV Managment
- No interface | issues with charging infrastructure.
Cost of Problem
An efficient EV might cover an average of 5 miles for every kiloWatt hours, and an inefficient one 2.5 miles per kWh. If you pay 65 pence for a kiloWatt hour and get 5 miles out of that kiloWatt hour, that’s 65 pence divided by five, or 15 pence per mile.
At the same price, an EV managing 2.5 miles per kWh will cost 30 pence per mile.
10 EV’s at 20 miles a day. Not optimised can cost £30:00 per day. Over 200 days cost could be £6,000.00.
Value of Correcting
£6,000 per year potential saving.
Recommended Solutions
Adhoc | Asset Analytics
Business Issue
Reporting
- Difficult to do consolidated reports.
- Data is held in multiple systems.
- No automation.
- Constantly re-generating reports.
- KPI’s take days to produce.
Cost of Problem
3 days per month = 22.5hrs. per month = 270hrs. per year = £4,050.00 per annum.
Value of Correcting
£4,050 per annum cost saving.
Recommended Solutions
Edge | Mobile App
Business Issue
Paper driven process
- Job cards and inspections sheets go missing.
- Legibility.
- Time lag on entering data on to the system.
- Risk of compliancy failure.
Cost of Problem
Estimated saving cost based on 4 technicians @ £15:00 per hour saving 1 hour day each = £12,000 per year.
Impact to operational carbon reduction policy.
We took an average of work orders opened for a month (from 5 x 1 workshop customers) and averaged the fleet size. The figures are based on 5 sheets of paper per work order:
18,840 sheets of paper per workshop each year. This equates to 2.26 trees a year (2.2 tonnes of Co2!) Moving to EDGE eliminates a huge element of a business’s carbon footprint.
Value of Correcting
£12,000 per year cost saving.
Recommended Solutions
M5 Pre-order functionality
HaynesPro
Business Issue
Asset Purchase
- Difficulty setting up an asset before registration.
- Service patterns must be set up manually.
Cost of Problem
On average it is costing at an hourly rate of £15:00, two hours for every new asset with an annual service schedule. To amend or create a new schedule it costs £30 per asset.
Value of Correcting
£30 per asset saving
Recommended Solutions
HaynesPro
Business Issue
DVLA
- Required interface for registered asset system population.
Cost of Problem
Currently manual entry estimates 2hrs cost £30.00 per asset.
Average fleet size 250 cost = £7,500.
Value of Correcting
Cost saving of £7,500.
Recommended Solutions
M5 Standard
Business Issue
Images Needed
- No capability to store images against asset, jobs, or incidents.
Cost of Problem
Manual descriptive entry takes 10 mins per job.
On average 30 jobs per day. 1.66hrs per day. Average cost £25 per day £5,000 per annum cost.
Value of Correcting
£5,000 per annum cost saving.
Total Potential Saving
£365,160
per annum
Case study
Modernising Redcar & Cleveland Council
Redcar & Cleveland’s archaic fleet had limited functionality which meant operational workflows were disjointed. Through empowering their technicians with technology and digitalising their workshop the council now have a more focused workforce due to operations working in a dedicated and efficient way.
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