Powering data for portfolio management

We all know that a vehicle is a depreciating asset, so it is critical to understand when it is the right time to sell it and obtain your greatest return.. During the lifetime of each vehicle, managers must decide whether to maintain, repair or dispose of a vehicle using a depreciation scale. But the question then is: when is the right time to sell? What data should we be looking at? And, when will they make a 25-hour day? That is where Holmans Portfolio Management tool comes in – 100% insight direct to you.

So how does it work?

The Portfolio Management tool uses real-time data analytics to support every customer throughout the vehicle’s lifetime. We can identify and anticipate any anomalies/triggers/unexpected issues our customers haven’t accounted for in their maintenance plans. This valuable data enables them to make the most efficient and cost-effective fleet decisions about whether to invest in maintenance and repairs or replace the vehicle altogether.

Optimal resource management

Imagine that one of your three-year-old vans has broken down for the third time. It’s got some miles on the clock but has a full-service history and recently had a new head gasket. So, you’re faced with a decision: Should you repair it or stick it up for sale and replace it?

Fleet managers across the nation are tasked with optimising assets value, and traditionally, these choices were made by insight, experience and understanding of vehicle value and depreciation. At Holman, we’re harnessing the power of data to provide that insight on fact, not gut feel.

As part of our comprehensive Drive, Buy, Service, Sell approach, we’ve developed our new Portfolio Management platform. The advanced system uses real-time vehicle performance information to advise the most cost-effective course of action at any point. For example, using data on each vehicle, the market and maintenance and repair costs, we can provide guidance on when it’s most effective to repair or replace a vehicle.

The system contains powerful predictive algorithms that use mountains of data Holman holds to forecast the future performance of vehicles. Fleet managers can use all the information at hand to decide on every vehicle’s best course of action.

Portfolio Management – Treating your vehicle as an asset

Holman’s four-step Portfolio Management process treats each vehicle as an asset. Here’s how it works:

1. Outline objectives – We explore your short, medium, and long-term objectives for individual vehicles and complete fleets.
2. Outline vehicle needs and requirements – Your fleet must match your plans and growth strategies. Together, we’ll detail what your vehicle requirements are. We will develop an understanding of what your vehicles need to do today and any changes for the future, including congestion charges and e-mobility challenges.
3. Review market for options – We’re always looking to increase efficiency, so we’ll explore your options, including whether there are better options on the market. This could include reviewing the brands on the market and ensuring that vehicles match your requirements.
4. Implement roadmap – Once we’ve developed our roadmap, we’ll put it into practice using our Drive, Buy, Service, Sell approach.

Total service from Holman

Portfolio Management is the latest Holman development. By understanding the power of data and its impact on decision-making, we can apply it to fleets. Our analytics tool ensures customers are always on the front foot and in control.

Maintenance and servicing are critical aspects of fleet management, so we always want to save customers money and improve their experiences.

Learn more about our maintenance solution