Combined parts and labor expenses decreased 2.3% year-over-year with a decline in parts costs overcoming a 0.9% increase in labor costs.
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Maintenance parts and labor expenses for trucking companies across North America rose more than 8% year-over-year in the first quarter of 2023 and are unlikely to return to previous levels, according to a recently released study. #FSS #Fleetmaintenance #Fleetmanagement #247support #Maintenanceandrepair #Maintenance #Successfavorstheprepared #Maintenancemanagement #Fleetmanagers https://bit.ly/3NYpsFg
Parts, Labor Expenses Up More Than 8% Year-Over-Year in Q1 | Transport Topics
ttnews.com
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Average Standard Repair Times (SRT) for 103 Commonly Performed Labor Tasks in Fleet and Service Provider Operations Seventeen TMC member fleet and service provider members responded to TMC’s fifth “Fleet & Service Provider Average Standard Repair Time (SRT) Survey,” which was administered in the second half of 2023. The purpose of the study was to aid in establishing baseline repair times that will improve shop productivity and profitability. This is the fifth year that TMC has conducted the survey, providing a four-year comparison of year-to-year SRT data. The survey was based on Vehicle Maintenance Reporting Standards (VMRS) making it easier to aggregate repair times. Participants were asked to provide the time in hours to install specific parts or to perform needed labor in their facilities, not the rates that participants necessarily charge their customers. Data presented in this report is based on the labor description and the corresponding VMRS Code Keys for each task using VMRS Code Keys 15 (Work Accomplished) and 33 (Component Code). The list of top 10 most labor intensive tasks was dynamic as compared to last year, with "New Truck In-service" topping the list for 2023. Conversely, the list of top 10 least labor intensive tasks was dynamic as compared to last year, with "R&R generator/alternator belt" topping the list for 2023. The data collected for 2022 showed large increases in the times of per- forming repairs in many categories, whereas the data for 2023 shows labor times are stabilizing. Five new items joined the list in 2023. Seventy-one (71) tasks decreased in time to complete task; 24 increased; three were unchanged. Download the survey results here: https://lnkd.in/eaQav-W2
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What happens when kinks in the supply chain alter your schedule? The recent article offers Three Best Practices to make your plant operations more efficient during supply chain volatility. https://lnkd.in/gFYi7my8 #manufacturing #overtime #WFM #humanresources #workforcemanagement #HR #schedulingexpertise #operationalefficiency
Maintenance Strategies for Avoiding Unplanned Downtime
ame.caboodleai.net
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Trucking maintenance facilities can ensure transparency and reliability in operations by calculating an accurate and effective labor rate. Learn more here.
Trucking Toolbox: Calculating an Internal Labor Rate for Maintenance Shops
ksmcpa.com
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Trucking maintenance facilities can ensure transparency and reliability in operations by calculating an accurate and effective labor rate. Learn more here.
Trucking Toolbox: Calculating an Internal Labor Rate for Maintenance Shops
ksmcpa.com
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Trucking maintenance facilities can ensure transparency and reliability in operations by calculating an accurate and effective labor rate. Learn more here.
Trucking Toolbox: Calculating an Internal Labor Rate for Maintenance Shops
ksmcpa.com
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Trucking maintenance facilities can ensure transparency and reliability in operations by calculating an accurate and effective labor rate. Learn more here.
Trucking Toolbox: Calculating an Internal Labor Rate for Maintenance Shops
ksmcpa.com
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A precise shop labor rate aids trucking companies in budgeting, resource allocation, benchmarking, and maintaining competitiveness. This blog provides steps on how to calculate this rate.
Trucking Toolbox: Calculating an Internal Labor Rate for Maintenance Shops
ksmcpa.com
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Trucking maintenance facilities can ensure transparency and reliability in operations by calculating an accurate and effective labor rate. Learn more here.
Trucking Toolbox: Calculating an Internal Labor Rate for Maintenance Shops
ksmcpa.com
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