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Acquisition and Lifecycle of Vehicle - Coggle Diagram
Acquisition and Lifecycle of Vehicle
Planning and Budgeting
Involves scheduling of exact acquisition timelines
Involves allocation of budget for acquisition
Business case is made in relation to the acquisition of a new vehicle
What is the proposed cost?
What will it be used for?
Why is it required?
Requires a through evaluation of what the organization needs from the vehicle acquired
Is the new vehicle for expansion of business?
Is the new vehicle for replacement of aging vehicle?
Other factors that might affect the acquisition decision:
Funding Availability
Organizational image
Corporate culture
Selection and Acquisition
Selection of Vehicle
Technical performances of the bus
Lifecycle cost of the bus models
Fixed
Taxes
Purchase, loan or lease payment
Insurance / registration
License and permits
Depreciation
Variable
Fuel
Maintenance
Labour
Spare parts
Tolls
Information can be obtained exiting models in operation or trials
Acquisition of Vehicle
Feasibility
Sustainability
Viability
Defining of Vehicle Specification
Understand technical performance of different models of buses current in operation or trials
Understand the requirement / features expected in the future buses
Placing vehicle in service
Insurance
Insurances purchased for buses to ensure adequate compensation can be made out to a passenger who is injured or killed in an accident due to the negligence of the person driving the vehicle
Vehicle marked for safety / License Plate displayed
All vehicle should be properly marked for safety
Display approved license number plate
Certificate of Entitlement (COE)
A Certificate of Entitlement (COE) gives you the right to own and use a vehicle in Singapore
All Excursion Buses, Private Buses and Private Hire Buses require a Category C or E ("open" for any they of vehicle) COE to be registered
School Buses are exempted from COE. However, no new School Bus Licenses are available, and must be purchased from the resale market. Existing School Bus owners are allowed to register a replacement bus with the exemption of COE
Vehicle Modification Approval
Modification to vehicular systems or parts of a vehicle, which is different from the original manufacturer's specifications
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Decommission and Remarketing
The decision of decommission the vehicle depends on:
Age of the vehicle
"Whole-life" cost of owning the vehicle
The mileage operated by vehicle to date
Environment targets
The current condition of the vehicle
Method of disposal upon decommissioning:
Auctions
Public tender
Trade-ins
Transfer to another entity
Employee sales
Controlled / specialized disposal
Retailing
Advantages and disadvantaged should be weighted in making such decision:
Advantage
Lower fixed cost
No capital expenditure made to replace it
Disadvantage
Outdated technology -> Higher fuel consumption
Lower driver morale
Higher maintenance costs
Negative to the organization image
Operation and Maintenance
Fleet Management
Tracking of vehicle location
Driver's log
Vehicle utilization
Road Safety
Driver behavior
Accident rate
Fuel Management
Fuel consumption and cost
Monitoring fuel pricing trend
Maintenance Management
Fleet failure trend
Adherence to fleet maintencance plan