Improving efficiency has long been a top priority for fleet managers. With fuel prices continuing to fluctuate, any way to keep costs in line and maximize profits must be explored. Below are three ways to improve the efficiency of your fleet.
- Maintenance and replacement
An effective maintenance program will help lay the foundations of a productive fleet. Being aware of fleet maintenance needs and when to cycle out older vehicles should help fleets have more properly maintained portfolio, and thus make them more productive. Fleet managers have often adhered to outmoded beliefs of preventive maintenance practices such as the belief that maintenance should be carried out every 3000 miles. However, such routine maintenance is for fleets which operate under severe conditions. Before you draw up a maintenance schedule for your fleet, you need to consult experts to determine the best practices for your company’s fleet.
- Fuel management
Spending on fuel is one of the highest cost centers for fleets, and having a better perspective into monitoring this category can also lead to benefits leading to a more productive fleet. Establishing a fuel program and tracking fuel expenses by assigning a company card for vehicles will help cut down on discrepancies from cash purchases, which can give fleet managers insight into how much is being spent from fueling. Having a clear picture of this can identify where overspending can exist, to which fleets can plan accordingly and adjust.
While certain fleets have found savings in natural gas (NGV) or propane autogas, vehicles, implementing these alternative fuels often require long-term strategic planning.
Fuel card integration combined with GPS vehicle tracking can help eliminate fuel card fraud. You can identify if the fuel pumped into the vehicle exceeded the tank size of the assigned vehicle or even if the company vehicle wasn’t at the pump at the time the fuel card was used.
Fuel cards can be a very convenient and easy way to manage your fleet’s fuel expenses. However, with no ability to accurately verify fuel transactions against company vehicles, there is potential for theft.
- Create optimized routes for optimized performance
Moving from one point to another through the quickest route can save your driver’s time, your business money and lead to a better response time. With the availability of GPS tracking, you can monitor your drivers travel and the fuel consumption. GPS can help you identify the most optimal route which requires the least fuel. This will as well help you provide better information to customers with respect to delivery times.