On October 27th-28th The AED foundation is holding a 2022 Advanced Rental Management seminar in Nashville, Tenn., designed for attendees who have a minimum of three to five years of experience working in rental. The 2022 Advanced Rental Management Seminar, presented by rental industry veteran Larry Kaye, is for people who have most of the basic understanding required to function effectively in the rental department. Their company’s rental fleet has generally more than 50 units and are feeling market pressures to grow the rental department. The focus for this seminar is making rental more of a strategic initiative rather than a reactive one. This includes aligning resources within the company to not only grow the fleet, but efficiently run the operations and increase fleet utilization which drives revenue and gross profit margin.
The content will include gaining an understanding of operational benchmarks for rental fleets as the course reviews the latest AED Cost of Doing Business Survey, focusing on the top 10 reasons why most dealer rental fleets are underperforming, ensuring that companies are measuring the right things. Fleet management is a very dynamic task and requires accurate and timely information, reviewing the key performance indicators that participants should be monitoring to make good decisions, examining a few different scenarios to see if you are holding machines too long or possibly selling off too soon, reviewing a number of technology plays that could greatly benefit your fleet management efforts, and improve the customer experience and result in greater margins.
Who: Associated Equipment Distributors
When: Thursday, October 27th at 8:00am and Friday, October 28th at 8:00am.
For more information: Advanced Rental Management - Associated Equipment Distributors (aednet.org)