Railcar Fleet Management

Railcars are a significant cost for companies and all too often fleet sizing and management are not integrated with the rest of the supply chain.

Our Fleetmodeler^SM methodology helps clients be sure. 

We have a developed and proven methodology to analyze railcar fleet performance and a modeling methodology to aid your decision making.

• Models your specific railcar cycles/dedicated fleets
• Familiar data and statistical methods used in supply chain analysis
• Use for budgeting and scenario modeling
• Easy to use, modify, and will be transferred to your team
• Unique in the industry

Fleet management is important too.

Fleet modeling and the numbers are important, but the on-going management of the fleet is important too. Our Railcar Management Performance Arrow^SM best practice evaluation tool, helps us evaluate your management methods and monitor process improvement. This is a survey based tool that turns the boxes green, yellow, or red depending upon your responses.

Here’s a few case examples of our work.

Fleet Sizing – Global and Large Chemical Corporations:

• Analyzed a fleet of 2300 railcars across multiple plant sites, identified and realized a savings of $2.5MM through fleet size optimization.
• Analyzed a fleet of 4600 railcars across a complex distribution network and realized a savings of $4.3MM through fleet size optimization.
• Analyzed a fleet of 600 railcars and identified a fleet reduction opportunity of 9%.

Operations Improvement:

• Reduced customer detention times by 20% through more active management.
• Aligned demurrage collection policies with customer segments contracts.
• Analyzed a fleet of 2800 railcars at a large plant site, and realized a savings of $1.8MM through improved scheduling of heavier cars on higher mileage credit lanes.
• Implemented fleet management systems, KPIs, and $ results tracking systems.

Rate Modeling:

• Price and cost modeling to support negotiations for a short line railroad.

 

Please contact us if you’d like to see some sample studies, get an overview of Fleetmodeler^SM, and learn more about how to improve the efficiency of your railcar fleet.

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