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SmartEquip Network adds Lowe’s Tool Rental & Europe’s largest rental company, Loxam - Ritchie Hub
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SmartEquip Network adds Lowe’s Tool Rental & Europe’s largest rental company, Loxam

For over 20 years SmartEquip has been specializing in the parts procurement and service support business, improving equipment lifecycle management for fleet owners and suppliers alike.

With the SmartEquip platform, equipment owners are connected to suppliers, while also fully integrating into their own fleet management system. This enables dynamic, serial-number-specific support of all fleet activities.

This month SmartEquip added major tool and equipment rental companies Lowe’s Tool Rental & Loxam, Europe’s largest rental company, to the Network so customers have greater access to parts & service.

Procurement software integration with Lowe’s

SmartEquip’s single login access to suppliers enables Lowe’s Tool Rental to implement a solitary, consistent process, for every brand of equipment, at every location. With one consistent workflow, the platform makes the process easy to train and even easier to use.

As part of the integration, repair technicians can order directly with manufacturers and preferred dealers of more than 50 brands of equipment, while simultaneously updating purchase orders and work orders. “SmartEquip provides immediate benefits to Lowe’s existing rental fleet and enables expansion into larger, more complex equipment,” said SmartEquip CEO Fernando Pinera. “Our solutions are built to streamline workflows, create efficiencies and integrate into your existing technology stack out of the box. We are excited to profile these attributes for Lowe’s Tool Rental.”

European leader Loxam joins global SmartEquip Network

Europe’s largest equipment rental company, Loxam, has also been added to SmartEquip’s global equipment service and parts procurement network. In addition to supporting Loxam locations across France, where the solution is scheduled to go into its pilot testing phase in autumn, the platform is subsequently scheduled also to cover the company’s international business units in Belgium, Denmark, Germany, Ireland, the Netherlands, and Switzerland.

“We are delighted to welcome European industry leader Loxam to the SmartEquip Network, and to work together in creating a broad set of equipment lifecycle efficiencies for the company,” said Alexander Schuessler, SmartEquip’s founder and president of its international group. “And while Loxam’s equipment base is diverse and covers a wide geographic footprint, many of the company’s suppliers are already part of the global SmartEquip Network and are eager to further expand their use of the platform with this implementation.”

SmartEquip’s platform will connect suppliers directly with the parts and service workflow of Loxam’s individual locations, providing benefits to both sides. These suppliers will be able to provide real-time, equipment-specific service support at reduced effort and begin to receive electronic orders for parts and other items. Loxam, in turn, expects to benefit from service technician time savings, improved spare part procurement efficiencies, as well as increased equipment uptime.

“SmartEquip’s platform represents a natural fit with Loxam’s current digitization initiatives,” adds Thierry Lahuppe, Loxam Equipment Director. “The solution’s combined approach to electronic spare parts procurement, digital service technician support, and to reducing equipment downtime, represents large opportunities for lifecycle efficiency improvements and enhanced profitability.”

With Loxam’s addition, SmartEquip now supports the five largest construction equipment rental companies in the world, including United Rentals, Sunbelt Rentals, Aktio, and Herc, alongside approximately 100 rental fleets and more than 650 suppliers across North America, Europe, and Japan. To learn more about SmartEquip, visit smartequip.com.

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