Total Cost of the Life of Your Tires: Put it to Work for Your Fleet's Success!
Do you want to know more about the cost per kilometer?
The cost per kilometer is one of the most important parameters to reduce the operating costs of transport companies. Through this control, the company can evaluate its investment in the pneumatic item (second highest cost in the fleet) and thus reduce costs through products with better performance. The result? Greater profitability for the transport company.
When it comes to tires for a trucking company, it is important to pay attention and calculate the cost of purchasing the new tire and the value of each resurfacing done to increase the life of the tire. Total mileage is the distance traveled over the entire service life, that is, 1st life, new tire, 2nd life, retread, 3rd life, 2nd retread, and so on.
In the following example, you will see how to do this cost per kilometer calculation.
Example: The owner of the fleet carried out 2 retreads.
The fleet owner purchased a Goodyear tire at a cost of $340.00 . This tire ran on its original read a total of 150,000 km. The tire was withdrawn from service for the first retread (or R1). That first retreading cost him $150.00 and the tire rolled another 120,000 km. The second retread (or R2) was made, which was paid at another $150.00, which generated a mileage of 100,000 km. After running the last 100,000 km, the tire was withdrawn from service and scrapped.
To arrive at the cost per total kilometer, all the invested values are added, that is: new tire and retread. This sum is then divided by the sum of all the miles reached by the tire in its service life. Here is the final result:
** As the cost per kilometer is a fairly small number, this factor is usually multiplied by 1,000. Thus, we can say that the cost is the result every 1,000 km. In the case of our example, we have a cost of $1.73 per 1,000 km. This is an example calculation. Now you can collect the real data of your company and evaluate the results.
Our cost per kilometer calculator will help you determine this cost quickly and easily.