Dead stock: admitting what is never going to sell
Dead stock ties up cash and space while appearing as an asset. How to identify it, the options in order of value recovered, and why holding on is the expensive choice.
A vehicle maintenance program that runs on dates ages badly. The vehicles that do the work need servicing first, and only a usage-based schedule notices that.
A vehicle maintenance program is the planned schedule of inspections, servicing and component replacement for a fleet, together with the records proving it was carried out. It exists for two reasons that pull in the same direction: vehicles that are maintained on a plan fail less often and less expensively than vehicles maintained after they break, and in most regulated operations the carrier has to be able to show a systematic programme rather than a habit.
The commonest design mistake is scheduling everything by date. A van doing four hundred kilometres a week and one doing four thousand are on the same calendar and in completely different condition, and a date-based plan services the wrong one first for years before anybody notices.
Manufacturer intervals assume ordinary use. Short trips, heavy loads, dusty sites, stop-start urban work, idling and towing all fall under what the schedules call severe service, and most working fleets are in that category all of the time despite reading the ordinary column. If your vehicles do short urban runs with a full load, the severe interval is the real one, and a programme built on the standard one is systematically late.
Track cost per vehicle, not just cost per repair. Fleets replace the vehicle that had one dramatic failure and keep the one that quietly absorbed a small repair every month for two years — which is the more expensive machine by a wide margin, and it is invisible unless the costs are attached to the vehicle rather than to the invoices.
Once the schedule covers more than a few vehicles it stops fitting on a wall chart. Fleet maintenance management software holds intervals, defects, inspections and document expiry per vehicle, and answers what falls due in the next month across the whole fleet.
Ettex Records holds the file per vehicle — documents, certifications, service history and costs in one place, retrievable when an inspector or an insurer asks; Ettex Sheets carries the schedule and the cost-per-vehicle view, alongside the fuel and distance workbook behind ifta reporting; and the daily reports that feed it come in through Ettex Forms, as covered in dvir.
Being clear: this is records and scheduling, not fleet maintenance software. There is no telematics feed, no odometer sync, no parts catalogue and no workshop integration. For a large fleet those are worth buying. For a small one, the failure is almost never the absence of software — it is that nobody owns the schedule.
The same logic applies off the road. Planned preventive maintenance for fixed plant is the identical exercise — interval, task, completion record — with the difference that a vehicle carries its own usage meter and a compressor usually does not, so someone has to decide what the interval is counted against.
A planned schedule of inspections, servicing and replacement for each vehicle, plus the records showing the work was done — used both to reduce failures and to demonstrate systematic maintenance.
By whichever comes first, and the trigger should match how the vehicle is used. Date-only schedules service light-duty vehicles too often and heavy-duty ones too late.
Short trips, heavy loads, towing, extended idling, dusty or extreme conditions and stop-start urban driving. Most working fleets qualify, and the shorter intervals apply.
Long enough to cover your regulator’s requirement and the life of the vehicle for resale and warranty purposes. Records tied to statutory inspections usually have a specific retention period.
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