Qek Corporate Overview

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Decidedly different. Introducing Decidedly different asset management.

description

Fleet Management Services

Transcript of Qek Corporate Overview

Page 1: Qek Corporate Overview

Decidedly different.

Introducing

Decidedly different asset management.

Page 2: Qek Corporate Overview

Decidedly different.

BackgroundQEK is an integrated asset management company with over 24 years experience

• QEK is “decidedly different” than our competition

• Our IT Solution . . is a unique proprietary asset management software solution, that is scalable, configurable and

can interface with clients’ enterprise systems is not a template solution “pushes” business process and proper work flow allows our clients to consolidate multiple operating systems

• Our Personnel. . are located on-site at our client facilities provide hands-on administration services capable of providing garage services

• Headquartered in Bloomfield Hills, MI, operating in 52 facilities across North America

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Decidedly different.

QEK is owned by transportation industry leadersExperienced, financially stable partners who know the business

Ownership

Truck Leasing

Owns and operates over 300 automobile dealerships worldwide.

Rental and Leasing of over 220,000 trucks

Investment fund focused on transportation companies

Venture capital investors

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Decidedly different.

Value

• Providing a unique, configurable, web-based asset management software solution• Working collectively with our clients to design customized asset management programs • Providing fully integrated administrative and garage services • Reducing fleet operating costs • Increasing Return on Net Assets (RONA)• Maximizing asset utilization• Reducing program risk and liability• Creating and maintaining operating efficiencies • Enabling our clients to focus on their core business• Setting and monitoring KPIs (key performance indicators)

QEK’s asset management methodology is fully focused on delivering efficiency by:

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Decidedly different.

Differentiating QEK

QEK ServicesQEK Services

Engineering, Body, Mechanical Services and Support Services

Event and Marketing Support

Technology Systems and Support

Re-Marketing and Disposal

Parts Recovery and Tracking

Business Re-Engineering

Asset Logistics / Storage

“The Power of One”

One-Stop Shop

AIM Lifecycle AnalysisOne Relationship

Off-Balance Sheet Financing Support

Fully Integrated Asset Management

Call Centers

Leasing

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Decidedly different.

We manage your assets from initial order to final disposalWe generate value by our profound understanding of unique asset lifecycle requirements

QEK Methodology

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Decidedly different.

AIM is an assessment service that QEK’s experienced personnel provides for prospective or existing clients to identify cost savings and

operational efficiencies. The AIM process includes a comprehensive audit of existing asset management programs, analysis of the findings

and a recommended solution.

Analyze, Integrate, Measure

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Decidedly different.

Tap the experience of QEK’s Subject Matter Experts

Analyze, Integrate, Measure

AIM Results

Continuous communication throughout partnership

Phase 1

Audit

Phase 2

Review with SMEs

Phase 3

Build Solution

Phase 4

Present Recommendation with transition plan

Continuously comprehend client goals and objectives

• Reduce program, administration & holding costs• Increased RONA• Develop centralized reporting• Elimination of redundant systems• Streamlined processes, policies and procedures• Reduced inventory levels• Increased employee productivity & accountability• Optimize asset utilization• Continuous improvement on best practices

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Decidedly different.

We have provided integrated asset management services for over 24 yearsOur innovative, custom built solutions have saved our clients millions of dollars

Asset Management

• Designing an asset management program that is right for you• Managing the entire lifecycle of each asset • Maximizing utilization • Determining proper asset mix • Optimizing in-service usage • Ensuring proper maintenance • Managing asset disposal and promoting out-of-service

marketability • Maximizing the return of your valuable assets • Setting and monitoring KPIs (key performance indicators)

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Decidedly different.

Garage Services

Servicing your assets on-site maximizes your return on investmentQEK’s differentiated approach in providing turnkey garage services includes:

•Highly trained, certified technicians •Garage supervision •Mechanical and collision repairs •Preventative maintenance •Product up-fitting •PDI •In-life servicing •Warranty claims •Campaigns and recalls •Engineering standardization •Collision and body repair •Hazardous material handling •Parts storage and warehousing •Parts dismantling

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Decidedly different.

A unique proprietary asset management software solution, that is scalable, configurable and interfaces with clients’ enterprise systems

IT Solution (eGAMS)

electronic Global Asset Management System

•Manages all of your assets and asset lifecycle requirements. •Monitors and measures the amount of time in each stage•Tracks each task associated with the asset in each stage•Pushes process ensuring quality control•Allows visibility of an assets current usage and location•Maintains total financial visibility and accountability •Highly configurable •Built in Microsoft .NET •Web-based •Capable of managing assets of any type, size or complexity •Custom reporting capabilities

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Understand Client Goals, Objectives & Budgets

Determine Proper Fleet Mix for: Optimal In-Service Usage Out-of-Service Marketability Analyze Fleet Costs

Evaluate Lease vs. Buy Options Analyze Depreciation Develop & Implement a Successful

Fleet Program

Continuous Improvement Monitor KPI’s Consolidate Expenses Track Client Satisfaction Conduct Quality Audits On-Site Administration Manage Vehicle Lifecycle Preventative maintenance

Analyze Disposal Options to Maximize RONA

Administration of Vehicle DisposalDealer/Auction SalesEmployee Purchase ProgramsVehicle Scrap/CrushParts Recovery

Decidedly different.

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Decidedly different.

Being Decidedly Different

Hands On Administration

Unique IT Software

Focused on Right-Sizing

Increased Asset Utilization

A unique philosophy.An effective methodology.

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Decidedly different.

There is no “canned” solution for your specific needsWe generate real value by positively affecting both your P&L and Balance Sheet

The QEK Philosophy

• Our Value: Unlike leasing companies that have a built-in incentive to lease you more equipment, our overall goal is to reduce your fleet size while optimizing the utilization of each piece of your equipment. Our focus is in understanding how we can positively affect your cash flow. That generates value.

• Unique IT Solutions: Our electronic Global Asset Management System (eGAMS®) is fully process oriented rather than being just an asset tracking solution. That means we can use eGAMS® from product delivery to disposal to more effectively manage your vehicle availability.

• Hands -On: Our client’s satisfaction is generated from hands-on interaction. A vast majority of our employees are working inside client owned facilities. Being on site is different than being on line.

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Decidedly different.

A fleet management challenge typical of many we seeSignificant savings generated through the use of QEK’s process driven approach

A Typical Case Study

The Challenge• No centralized management of assets • No limitations on vehicle orders • Excess amount of vehicle inventory • No physical audits being performed on inventory • Broken processes, policies and procedures • No internal controls to secure assets • No cross utilization of company assets • All assets were being disposed of through auction

QEK Solution• Established formal ordering procedure within authorized limits • Implemented monthly Key Performance Indicators (KPI’s) measuring timing of

vehicle lifecycle stages (i.e. order through disposal) • Redesigned processes, policies and procedures to minimize vehicle hold time • Conduct regular physical audits to maintain control of inventory • Implemented several disposal methods to maximize return on net asset

Results• Reduced vehicle hold time resulting in $2.2M cost

savings, year on year • Maximized utilization of vehicles resulting in an

inventory reduction of 23%, $9.87M cost savings annually

• By implementing QEK services, client realized a 10:1 ROI

Results• Reduced vehicle hold time resulting in $2.2M cost

savings, year on year • Maximized utilization of vehicles resulting in an

inventory reduction of 23%, $9.87M cost savings annually

• By implementing QEK services, client realized a 10:1 ROI

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Decidedly different.

We stand ready to build a unique solution to handle your asset management needs.

Thank You!

North American Headquarters6001 N. Adams Rd. Suite 100Bloomfield Hills, MI 48304248-729-5400www.qek.com

Canadian Headquarters850 Wilson Rd. southOshawa, Ontario L1H6E8905-432-3388www.qek.com