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HR (Expand and Diversify revenues (Expand products and services :check:…
HR
Expand and Diversify revenues
Broaden customer base :check:
Expand products and services :check:
Create a marketplace for small tools sharing. People can place their small tools for rent. Herc can rent them to its customers. Depending on the usage, revenue will be apportioned between Herc and owner.
Improve sales force effectiveness :check:
Grow pricing and ancillary revenues :check:
Pay as you use
Pay more if you cause more wear and tear
Pay for how much you use
Usage based insurance
Increase rental equipment utilization by sharing utilization data and integrating that with company's ERP tools
Improve Operating Effectiveness
Increase density in large urban markets :check:
Improve vendor management and fleet availability :check:
automating inspection, diagnosis and work order process
Focus on safety, labor productivity, and warranty recovery :check:
Wearable device which alerts workers during fire or other safety hazards
Prevent unauthorized workers from operating equipment
Monitor worker movements in a site by delivering real-time feed of machine and human movements.
Digital Field Workers
IOT- equipment monitoring
Better access to equipment location and usage drives field service efficiency
Takeuchi Telematics
Equipment data monitoring for better customer support
Disciplined Capital Management
Improve Key Financial Metrics
Maximize Fleet Management & Utilization ::check: :checkered_flag:
Drive EBITDA margin growth
Enhance Customer Experience
Provide premium products and solutions based services :check:
Introduce innovative technology solutions :check:
Automated billing based on
equipment
check-in & check-out
Utilization history of equipment to price the equipment more efficiently
Customer-friendly showrooms and facilities