Fleet strategy review



Client - Cairngorm Capital Partners
Background
Having recently acquired a large ambulance business, our client needed to quickly established the most appropriate strategy for the procurement and lifecycle management of this 550-strong fleet.
Our role
Our brief was to consider the increasing age profile of the existing fleet, new equipment and technology options, fleet procurement options, in-life management and disposal. Starwood was asked to develop the best all-around strategy which would provide a balance of cost-effectiveness and business flexibility. Our work included:
- Working closely with lenders and finance brokers to develop fleet finance options
- Presentation of a new cost model for fleet funding, including sensitivity analysis and recommendations
- Capability analysis of existing fleet technology, inc. fleet management system, telematics and on-board cameras
- Working with operational teams, business requirements capture in respect of fleet technology
- Development and completion of tender process for the provision of a new fleet telematics system
- Scoping, development and procurement of a new, improved and more cost-effective fleet camera solution
- A clear set of recommendations presented to the Cairngorm board, fully costed with supporting analysis
Our impact
As a result of our work, our client took forward with confidence a new fleet strategy which was fit for both the existing shape of the fleet and the future growth aspirations of the business. With improved understanding of whole-life costs, our client's fleet disposal and replacement approach is helping to drive down cost and maintain a safer, more reliable fleet.