How to manage your fleet as efficiently as possible
Jul 17, 2020
Companies with fleets are numerous. Carriers, couriers, sales forces, utilities, public transport and other industries all have fleets that need to be managed as efficiently as possible. Knowing the processes required to manage a fleet allows the company to control associated costs, stay competitive in the market and meet customer service expectations.
In this article, we discover the role of technology in ensuring fleet safety, increasing the operational efficiency of the fleet and saving more time.
Technology
Fleets produce a huge amount of useful data, so having easy-to-navigate technology makes it easier for fleet managers.
You should be able to quickly track and isolate key data points, allowing you to spot them and make good decisions. But remember, data alone can never replace human judgment. To produce actionable steps, you need to combine analytics-driven technology with personalized expertise in fleet management. Once both are in place, you can start to focus on saving measures.
The three data points most closely associated with cost savings are: Total cost of ownership, fuel costs, and maintenance costs.
- Total cost of ownership: The TCO makes it possible to calculate all the parameters that impact the cost of purchasing and using a vehicle. Tracking the TCO allows the fleet manager to more accurately assess the cost of the fleet. Indeed, he can subsequently assess whether his fleet is in line with the defined objectives and remedy what does not fit within the requested framework.
- Fuel Costs: Not sure if your drivers are in the most fuel efficient options? Interactive dashboards make it easy to track various factors and make corrections. Fleet managers can easily identify and limit outlier consumption and achieve significant cost savings.
- Maintenance costs: Although some repairs are inevitable, regular maintenance follow-up is a good way to avoid expensive repair bills. By monitoring overall and unit expenses, fleet maintenance managers can reduce repair expenses and manage their vehicles in increasingly efficient and rational ways.
