This week on Fleet FYIs, we're chatting all about budgets.
In this episode our host, Gretchen Reese, is joined by Utilimarc senior analyst, Paul Milner. Paul primarily works on custom solutions for clients and right-sizing initiatives. With the company for nearly ten years, he helps find the stories and solves problems within complex data sets, making him the perfect person to dig a little deeper into this topic.
Today, Paul and Gretchen begin to break down what can be expected from the shockwaves of COVID-19 in relation to fleet budgets, the after-effects and some of the parallels that can be drawn from previous crises like The Great Recession in 2008-2009.
Fleet growth and decline is something to be expected, as economies are always changing and there will always be ways to better optimize your fleet. For some, it may be that they need to undertake a rightsizing initiative, for others, more extreme measures. Either way, looking at your fleet data will allow you to be better equipped to deal with any factors that may affect your annual budget or operational strategy.
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Show notes for this episode can be found at: https://www.utilimarc.com/blog/budget-cuts/
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