Worksite Performance Solutions White Paper
United Rentals Benchmarking Service
Your path to cost savings
Overview
Managing equipment utilization has always been difficult. That changes with the United Rentals Benchmarking Service. Built on 20+ years of data and expertise, United Rentals has created the first comprehensive utilization benchmark for different industry and equipment categories. Now, companies can score equipment utilization against their industry's benchmark, pinpoint improvement opportunities and quantify the dollar impact. All backed by United Rentals experts ready to support you with a personalized improvement plan.
What You’ll Learn
Discover how data-driven benchmarking transforms equipment management from guesswork to precision. In this white paper, you'll learn how to:
- Leverage Total Control® and proprietary industry benchmarks across equipment categories to understand utilization and consumption patterns
- Identify costly blind spots and pinpoint where your fleet underperforms
- See exactly how much money is lost to late returns and underutilization, with real dollar impact calculated for your operations
- Rank your performance against competitors across utilization, days past due and spending metrics
- Use precision diagnostics to create personalized improvement plans that drive savings directly to your bottom line
Stop Guessing, Start Saving
United Rentals Benchmarking Service reveals exactly where your equipment fleet underperforms and quantifies the dollar impact. Score your utilization against industry benchmarks, identify late-return costs, and create a personalized improvement plan with United Rentals experts.
24% of all equipment
is returned an average of 15 days past due
15 days late doubles the cost
of a monthly rental, turning an $1,800 boom lift into a $3,600 expense
82% of companies
believe increasing equipment utilization could increase ROI, yet nearly 50% don't track or measure it
39% increase in utilization
achieved by one petrochemical facility using Benchmarking
23% reduction in spend
for the same facility, savings dropped straight to the bottom line
$173K to $878K in savings
identified through Benchmarking, with improvements of 20%+ going directly to bottom line
Key Topics
The Digital Age Advantage
Total Control® and UR One platform provide a single system of record to track what you have, where it is, how it's used and what you're paying, the foundation for data-driven fleet management
Understanding the Two Key Levers
Consumption (how much equipment you use) and utilization (how efficiently you use it) are the critical metrics that drive profitability, varying significantly by equipment category
Precision Diagnostics That Reveal Hidden Costs
See your Return Activity performance with metrics on late returns, days past due and past-due rental spend, where extended rentals can significantly inflate monthly costs
Utilization Performance Benchmarking
Compare your actual utilization rates across all equipment categories against industry norms, with percentage breakdowns showing best-in-class, good and improvement opportunity areas
Quantifying Your Bottom-Line Impact
Benchmarking matches utilization performance with spend to calculate precise savings opportunities like the $328,000 lost margin identified in one company's scissor lift fleet