Service Relationship Management (SRM) platform provider Decisiv has announced a new days out of service (DOS) impact calculator. The online calculator is designed to calculate and present an analysis on how using Decisiv SRM technology can impact revenue, asset utilization, expenses and profit by reducing DOS.
The days out of service impact calculator requires that fleets input a small amount of general information about the company and its trucking operations. In a few simple steps, the calculator presents data on operations, fleet size, revenue, service activity and fixed and variable costs for verification before providing a detailed analysis.
Reducing DOS, even by a small percentage, can have direct bottom line financial benefits, Decisiv said. In a Decisiv survey of fleet operators, the company found that a 25% reduction in DOS would provide an additional $1,123 in revenue per tractor and the average fleet responding to the survey could produce an additional $1.35 million in revenue and $500,000 in profit.
“Fleets can use the new Decisiv DOS Impact Calculator to accurately measure the impact that days out of service for service and repair events has on revenue and net profit, not to mention the potential impacts on customer and driver retention,” said Dick Hyatt, president. “With our SRM solution, DOS is minimized by integrating communications, collaboration and content across the entire trucking service and repair ecosystem of fleets, service providers and manufacturers.”