Case Study: Leading Bottled Water Company achieves $1.75M savings and reduces fleet by 102 assets with Corcentric Fleet Analytics & Financing

Corcentric helps major beverage company get smart about leasing assets with Fleet Analytics and Fleet Financing solutions

Leading Bottled Water Company, a major North American beverage firm with a large mixed fleet from tanker trucks to delivery vehicles, needed a leasing partner to overhaul its lease structure, lower monthly costs, and avoid large TRAC values. They selected Corcentric to provide that support, engaging Corcentric’s Fleet Analytics and Fleet Financing solutions to gain better visibility and control over their assets.

Corcentric implemented Fleet Analytics and Fleet Financing, building an Asset Intensity Report and custom BI tools to track fixed costs, fuel, maintenance, utilization, and mileage versus leases; this allowed the company to optimize routing and spare ratios. As a result, Corcentric helped reduce the fleet by 102 assets, deliver about $1.74 million in savings, lease 2,297 units, and arrange roughly $220 million in equipment financing, while providing ongoing lease analysis and guidance.