KEY TAKEAWAYS IN THIS ARTICLE…
When one mentions the term Fleet Management, they are referring to the administrative use of tools, applications, and practices to manage, and maintain optimum efficiency of their company’s fleet vehicles. The vehicles in question typically include ships, rail cars, aircrafts, private vehicles, and commercial vehicles (Such as cars, trucks, vans and trailer).
To achieve maximum productivity, Fleet Management regularly includes the use of:
Fleet Management cannot be classified as one singular concept, but instead refers to a number of different functions, such as:
|Driver ManagementVehicle TelematicsVehicle FinancingHealth & Safety Management||Fuel ManagementSpeed ManagementRoute PlanningFuel Consumption Tracking|
To summarize, Fleet Management is the process of offering transportation solutions to a company that utilizes fleet vehicles at a cost-efficient rate.
The most common users of Fleet Management are boating companies, and delivery trucks. In recent years, it has expanded into other industries, such as utilities, couriers, repair and service, and oil and gas delivery.
It gives companies the capability to utilize transportation in a manner that minimizes risks that are commonly associated with overall efficiency, and transportation costs, while also providing compliance with government regulations. In addition, Fleet Management allows these companies to perform real-time tracking for both themselves, and their clients.
Fleet Management Software is a refined database that gives individuals the capability to analyze and track all imperative information in relation to the performance of a company’s fleet vehicles, all from a fundamental location.
Operations that are observed generally include proper vehicle use, safety, vehicle acquisition, work breaks, automation, import of fuel transactions, driver details, and disposal to name a few. Additional GPS features found in these types of software helps with the prevention of stolen cargo, and vehicles, due to it’s advanced tracking characteristics.
Inappropriate use of company vehicles can lead to considerable losses for a company, in terms of costs, equipment, customer satisfaction, and ultimately, the lives of individuals. Essentially, any business that provides a product or service via transportation will benefit heavily from the implementation of Fleet Management.
Fleet Management comes equipped with a plethora of benefits:
|Automated Fleet ReportsImproved Vehicle Fuel EfficiencyBetter Customer Service Lifespan of Equipment is ExtendedReduced Repair CostsDecreased Operating Costs||Improved Driver SafetyMinimized Labour CostsIncreased Driver SatisfactionIncreased Security Against Fraud & TheftReal-Time Fleet-TrackingIncreased Customer Retention|
Fleet Managers are accountable for five major areas : fuel management, compliance, vehicle acquisition, health and safety, and vehicle maintenance.
At the epicentre of Fleet Management is the ability to manage multiple facets of a company, while still being able to produce maximum results. When deciding on which Fleet Management Systems are best suited for your business, you must be aware and be able to address the following problems: