Combatting the Supply Chain Issue of Equipment Availability

In a recent LinkedIn poll we conducted, we found that the most anticipated supply chain challenge of 2023 is equipment availability. And we know when it comes to equipment availability, the impact on your supply chain can be significant. Like any other aspect of your business, your fleet management program should be both proactive and reactive.

We understand that the availability of vehicles is one of the most important assets to a supply chain. And in business terms, equipment availability can mean lost revenue opportunities and expensive delays in getting products delivered on time. If you don't have enough equipment available, you're at risk of losing clients who will turn instead to a more efficient supplier.

The first step in addressing equipment availability (or lack thereof) is to understand what causes it, which could be anything from not enough planning for equipment maintenance and repair, using equipment for non-critical applications, and poor inventory management practices that result in out-of-stock situations or unnecessary delays in receiving parts and other supplies.

Whatever the reason, any supply chain professional who is trying to improve equipment availability will want to start by looking at how the problem manifests itself in their own supply chain. By understanding root causes, you'll be able to take steps toward addressing it. 

TQ Logistics provides dedicated trucking services to many well-known Fortune 500 companies. We have had steady year-over-year growth over the last decade by providing high-quality, dedicated and customized trucking services. Contact us today to learn more.