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Uberization: Maximizing Idle Assets

We are living in an era where technology and instant access is the norm, in particular to millennials.  With expectations and priorities set differently compared to other generations, businesses like Uber are providing services to accommodate these expectations.

For those that are unfamiliar with Uber, it is a service where passengers are matched to nearby, certified drivers and mechanically-inspected vehicles ranging in sizes to accommodate passenger requirements. Uber provides individuals with reliable, instant access to what they want, when they want it, and for as long as they need it-transforming a former idle asset into a vital societal component.

Very similarly, Frain uniquely provides trusted, reliable, and accessible equipment assets:

  • Certified, pre-owned packaging and processing equipment
  • Within 6 weeks – typically taking 5x longer via OEMs
  • For rent and return at our customer’s convenience

70% of Frain customers say that response time is what they appreciate most about working with us:

“Response time on issues and questions was great!”

“The team is informative and makes every effort to meet our deadlines.”

Frain’s rental program gives clients an edge by providing single units, multiple machines, or complete lines without the need of ownership or expense. The Speed to Market strategy, as another illustration, cuts equipment lead time by 60-75%.

A glance at Frain’s Uber-like offering:

Uber Blog

Frain Integration is an extensive concept that was developed to facilitate our customers need to successfully integrate equipment. Unlike OEMs, Frain does not have loyalty to specific manufacturers giving our customers an advantage to integrate the equipment that best suits their application. It is the ideal solution for individuals that want an all-inclusive service when increasing production, partnering with contract packagers, partake in a new product roll out, and more.

A glimpse at Frain Integration’s functionality:

  • Complete integration of existing or certified pre-owned equipment
  • Several manufacturers available to correctly incorporate all of the units
  • Dedicated engineers and man power to target project requirements
  • May be combined with other Frain services for optimum results

Frain’s Uberization approach has responded to the growing influence of instant access by not only providing trusted and reliable services, but by maximizing and leveraging idle assets.

 

Resources
https://www.businessinsider.com/history-of-uber-and-its-rise-to-become-the-most-valuable-startup-in-the-world-2015-9
https://www.washingtonpost.com/news/dr-gridlock/wp/2015/06/04/uber-turns-5-reaches-1-million-drivers-and-300-cities-worldwide-now-what/

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