Case Study: Business Services Company achieves $82,380 annual savings and improved inventory visibility with Element Fleet Management

Gaining Control of Material Handling Equipment Rental Costs

Business Services Company partnered with Element Fleet Management to reduce the total cost of material handling equipment across its warehouses. The corporate office had no visibility into forklift inventory or related costs across 80 branch locations (150 forklifts), and several low‑usage branches were relying on costly rentals rather than leasing.

Element Fleet Management analyzed the client’s equipment inventory, identified three branches with high‑cost rentals, procured forklifts that met each location’s needs, and offered leasing options that cost less than ongoing rentals while monitoring and eliminating idle rental units. The change delivered nearly 70% savings by switching from rentals to leases, producing $82,380 in annual savings across the three branches and increased visibility into inventory and costs.