Alonso also cites the design of a robust vehicle policy that centers around cost controls and operational efficiencies as a contributor to Chubb’s success.
Using Holman’s extensive analytical tools and expertise, Chubb effectively introduced cost-saving initiatives, encompassing replacement analysis, preventive maintenance, and fuel efficiency optimization.
Covid Crisis
As Covid-19 began shutting operations down, Holman actively met with partners to ensure ongoing success for their businesses. Chubb was highly proactive with Holman during this time and gained real-time global data, which informed their decision-making process. This collaboration led Chubb to hold onto spare vehicle parts to safeguard against supply chain interruptions. Eventually, when remarketing values surged, Chubb capitalized on the opportunity, selling excess spares for returns.
Together, Holman and Chubb identified several areas of opportunity, including:
- Transitioning to an all-weather tire program, which reduced tire spend by 30%
- Adding hybrids to reduce fuel spend further
- Prioritizing routine PM services to minimize the risk of more significant, costly repairs
The Job Has Just Begun
Holman’s ongoing consultation remains integral, ensuring maintenance parameters are continually updated to sustain cost control for Chubb. This is further evidenced by expenditure decrease by more than 5% from January to September this year.
Dedication, effective teamwork, and clear communication have driven Chubb’s success with Holman and continue to be a driving force in their path forward.