NAFA releases new narrated version of lifecycle cost analysis for fleets
NAFA’s new Lifecycle Cost Analysis for Fleets was created to show fleet managers how to implement the use of analytical financial modeling within their vehicle fleets. Available on a computer flash drive, this narrated learning presentation takes about three hours to review, including time to complete all four review activities.
Two complete lifecycle cost analysis examples are provided – one using US dollars and miles and the other based in Canadian dollars and kilometers.
NAFA says that its resource will give fleet managers a realistic perspective by enabling them to complete activities using their own problems and information. Examples of actual spreadsheets used by NAFA Members let users see how their peers are doing lifecycle cost analysis modeling. These examples include a step-by-step, realistic lifecycle costing example as approached by a leased corporate fleet; a demonstration of lifecycle costing from the owned public fleet perspective; a lifecycle cost analysis model for a major construction equipment manufacturer; and examples from fleet managers throughout every segment of fleet.
'In my 25 years at NAFA, this is one of the best products I have ever seen NAFA release,' said the Association’s executive director, Phillip Russo, CAE. 'Every fleet manager should have this tool on their computer.'
Lifecycle Cost Analysis for Fleets is available for NAFA Members and Affiliates at a special introductory rate of $65.34 until 15 March. The price for non-members is $139. After 15 March, the price for NAFA Members becomes $99.