A good synopsis of today’s commercial fleet market is exemplified by a fleet manager who said: “Everything costs more and it takes longer to get.” Sourcing constraints persist due to restrictive OEM fleet allocation ordering.
Analysis of Three Cost Containment Strategies
A cost-deferral strategy simply defers or moves expenditures to future fiscal years. Cost-saving measures seek to lower current spending levels. Cost-avoidance initiatives are actions that eliminate incurring a cost in the future.