Focus on Inventory

摘要

What do you buy when you buy a wheel loader? Do you buy one unit? Or do you buy a certain number of productive wheel loader hours that you put into inventory and keep there as an asset until it is used up in the production of work? The accountants certainly see the new wheel loader as an asset that will be depreciated over time. Fleet operations should also see it as such and think less about the number of units it owns and more about the productive hours it has in inventory in each rate class in the fleet.