The American Trucking Associations' Technology & Maintenance Council (TMC) has partnered with Decisiv to launch a benchmarking tool designed to track key performance indicators for commercial vehicle parts and labor based on the Council's Vehicle Maintenance Reporting Standards.
After being offered initially as a TMC member benefit, the Council and Decisiv plan to provide this maintenance labor and parts data benchmarking report organized by VMRS System Level Coding based on fleet and service provider data from hundreds of thousands of maintenance events that take place within the Decisiv platform.
"This new partnership between TMC and Decisiv offers Council fleet members a great benefit to help them benchmark their overall parts and labor costs against actual costs captured in the Decisiv SRM platform,” said Robert Braswell, executive director at TMC. "We're very excited to join with Decisiv to make this important information available to our fleet members."
The report will track parts and labor expenditures and trends throughout North America, sorted by geographic location and dozens of VMRS-coded vehicle systems (i.e. brakes 013, tires 017, exhaust 043, etc.).
"VMRS provides the data for measuring performance and reliability of specific components, the new TMC/Decisiv benchmarking tool shows that VMRS is an important tool for reporting maintenance information," said Jack Poster, VMRS services manager at TMC. "I think that many will agree that VMRS is the proven method used when it comes to collecting maintenance data."
According to Mark Wasilko, vice president of marketing at Decisiv, the currency of the reported information will provide a new level of accuracy in the analysis of the actual costs of maintenance and repair that has never before been available.
"We are pleased to be partnering with TMC to deliver their membership this new level of comprehensive VMRS focused service cost analysis," said Wasilko. “We believe it will provide critical insights that will be of immediate benefit to both fleets and service providers alike."
