Utilimarc Launches SmartReplace to Optimize Fleet Vehicle Replacement Decisions
Utilimarc Launches SmartReplace to Optimize Fleet Vehicle Replacement Decisions
PR Newswire
MINNEAPOLIS, July 22, 2026
AI-powered workflow tool helps fleets prioritize replacements, evaluate tradeoffs, and adapt to changing budgets and operational needs
MINNEAPOLIS, July 22, 2026 /PRNewswire/ -- Utilimarc, a Smith System company and leader in fleet analytics and benchmarking, today announced the launch of SmartReplace, an AI-powered workflow tool that helps fleets make faster, more confident vehicle-replacement decisions. SmartReplace uses the data fleets already have, eliminating the need to build or maintain new data sources. Users simply upload existing inventory, utilization, maintenance, and work-order files, then specify their business priorities.
"Vehicle replacement planning is often a spreadsheet-driven process that can take weeks and relies heavily on institutional knowledge," said Derek Dunaway, CEO of Smith System. "And when budgets change, or priorities shift, fleet teams must start over. SmartReplace automates this process, giving fleet managers a faster, more transparent way to make and defend replacement decisions."
The solution uses specialized AI agents to map fleet data into its optimization model, which evaluates replacement needs against budgets, operational requirements, and sector specific requirements. The workflow guides users through data validation, business-rule configuration, and feasibility checks, then generates an optimized replacement strategy.
For each recommendation, the user receives a detailed, asset specific model explaining rationale, timing, and optimal next steps. Vehicle replacement scores help fleets prioritize assets, and built-in scenario modeling enables users to evaluate alternative strategies as budgets, production schedules, or operational priorities change.
Key capabilities include:
- AI-assisted prioritization of vehicle replacements based on factors such as age, mileage, condition, lifecycle policies, and maintenance history.
- Replacement planning that aligns with budgets, operational objectives, and industry specific needs.
- Scenario modeling to compare alternative strategies.
- Transparent recommendations that are easy to explain, defend, and audit.
SmartReplace is designed to replace a planning process that has traditionally required weeks of manual spreadsheet review, giving fleet teams a faster, more transparent way to build and defend their annual replacement decisions.
SmartReplace is available through Utilimarc's fleet intelligence platform and is accessible in the same secure environment customers already use.
Rebecca Oistad
Vice President, Marketing
p. 847.431.3850
e. roistad@smith-system.com
SOURCE Utilimarc
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy Before They Rise Further
The 10 Best Companies to Invest in Now
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
2 Undervalued Stocks to Buy Before They Rebound
United States