Bulldozers, cranes, earth moving equipments, well drilling equipments and other instruments used in construction, mining and forestry activities are commonly rented and leased in the Industry. The Department of Industries coming under the category of The Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing Industry are:-

Bulldozer rental or leasing withoutoperator
Construction formrental
Construction machinery and equipment rental or leasing withoutoperator
Crane rental or leasing withoutoperator
Earth moving equipment rental or leasing withoutoperator
Forestry machinery and equipment rental orleasing
Heavy construction equipment rental without operator
Logging equipment rental or leasing withoutoperator
Mining machinery and equipment rental orleasing
Oil field machinery and equipment rental orleasing
Oil well drilling machinery and equipment rental orleasing
Welding equipment rental orleasing
Well drilling machinery and equipment rental orleasing

SOP ToolBox: If you are reading these lines, I am sure you are looking for Standard Operating Procedure guidelines or SOPs itself. In both the cases, searching in internet will not be yielding any great help. Because no company shares their SOP Development Process and certainly don’t share their SOP Documents. The best way to develop an SOP is creating one for yourself. At Fhyzics, we write SOPs day-in and day-out for companies across the globe including some of the Fortune 500 organisations. Our charge ranges from USD 5000 to USD 50000 depending upon the number of processes to be covered. Certainly, this is not affordable to small and mid-size organisations. Hence, we decided to create this SOP ToolBox to disseminate our 8-Step SOP Development Life-Cycle and best practices at an unbelievably low price.

I always say, writing an SOP is somewhere between art and science. So far you may be clueless on where to start and how to progress on an SOP? This will not be the case after you diligently go through this SOP ToolBox. We have summarised all our secrets here to get you started and to deliver a stunning SOP to your management.

Industries, construction firms and other notable players in the sector are slowly moving towards renting and leasing equipments over buying them. This is due to the realization of the numerous advantages it provides to them in terms of cost, quality of work and efficiency. Thanks to the sector, clients who rent or lease can now use the latest and up to date technologies without actually purchasing them. Renting them or leasing them on a need basis has significantly reduced the cost. A lot of money is also saved on the maintenance efforts. No skilled labor needs to be employed to handle the maintenance operations. No team needs to be present to monitor the life and repair cycles of the machineries. Unwanted transport and logistic costs are minimized as no effort or finance has to be spent in moving the vehicles from one location to another. Leasing or renting can be done directly from any place close by to the site. These factors discussed so far not only cut the costs to the company, but also help them to broaden their horizon of horizon, thinking, innovations and market. The options are wider as the capital to be spent is not invested on machinery. They can be spent on different causes and hence cut the opportunity costs. Rental costs can be cut and deducted under business spending. This may enable direct cost deductions.

Above all, there is no machinery or heavy moving vehicle whose value does not depreciate with time. Thus investing on such options will not lead to any return in the mere future. The only possible cases where buying is a more sensible option than renting or leasing is when the machinery invested on is a type of machine which will be used on a daily basis.

Machineries and Equipments available for rental and leasing in The Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing Industry are:-

Backhoe Loaders
Tower Cranes
TransitMixers
AggregateCrushers
Concrete Pumps
BatchingPlant
Hydra Cranes
MobileCranes
Bulk Material HandlingEquipment
Bulldozers
Tippers
Excavators
Scrappers
SteerLoaders
WheelLoaders
PaverFinisher
Concrete Breaker
SlewCranes
Telescopic Handlers
Forklifts
VibratoryRollers
BoringEquipment
Dumpers
ArticulatedHaulers
Hammer TrackDrillers
JawCrushers
Shovels
MotorScrappers
DumpTrucks
WheelDozers

International Standards for The Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing Industry are:-

International Associations for The Construction, Mining and Forestry Machinery and Equipment Rental and Leasing Industry are:-

ELFA
https://www.elfaonline.org/
Equipment Leasing and Finance Foundation
https://www.leasefoundation.org/
NVLA
https://www.nvla.org/

World’s Leading Companies in The Construction, Mining and Forestry Machinery and Equipment Rental and Leasing Industry are:-

H&E Equipment Services, Inc (Baton Rouge, USA)
https://www.he-equipment.com/
Cramo (Vantaa, Finland)
https://www.cramo.com/
Ramirent Finland Oy (Helsinki, Finland)
https://www.ramirent.com/
Maxim Crane Works (Pennsylvania, USA)
https://www.cranerental.com/
Kiloutou (Villeneuve D’ASCQ , France)
https://www.kiloutou.fr/

Magazines and Journals for The Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing Industry are:-

SOP Manual for Construction, Mining and Forestry Machinery and Equipment Rental and Leasing

Research By : Aadithya

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