Among the effects of the COVID-19 pandemic is the impact it is having on utility fleet rightsizing efforts across the U.S.
Traditionally, rightsizing is about understanding the values and measurements of the appropriate level of fleet utilization, according to Charles Guthro, vice president of global strategic services for ARI (www.arifleet.com).
The fleet management services company works through exercises with its customers to help shed light on strategies that enhance fleet productivity and maximize opportunities to generate revenue. But, Guthro said, some strategies have changed due to the coronavirus pandemic.
“Well, COVID-19 has flipped upside down even the best-thought-out plans. Now everyone is looking at it as, ‘How do we strip out cost from the business?’ Obviously, everyone’s revenues are significantly impacted,” he explained.
This, in turn, has put pressure on rightsizing efforts from a cost-reduction vantage point, Guthro added.