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In an increasingly competitive business environment, dollars are scarce, budgets are tight, and managers are told to do more with less. Fleet managers must look for savings to cope with shrinking budgets
Read More →A fleet survey by PHH Arval finds that companies are increasingly volunteering to reduce greenhouse gas emissions for strategic reasons.
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Corporate procurement departments are becoming the engines of change in fleet management at Fortune 500 companies. The emergence of strategic sourcing in the 1990s is rapidly altering corporate purchasing and increasingly forcing change in fleet purchasing and the supplier selection process.
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The summer months are a busy time in the fleet industry. There are many fleet meetings and new-model introductions, which provides me with an opportunity to talk “fleet” with a wide variety of fleet managers. Two issues on the minds of many fleet managers are the unbelievably long order-to-delivery (OTD) times for medium- and heavy-duty trucks and the encroachment of other corporate functions into traditional fleet management responsibili-ties.
Read More →Compliance with the Sarbanes-Oxley Act of 2002 is mandatory for all publicly traded corporations. Under the new federal law, corporations must eliminate all conflicts of interest, establish processes to ensure honest corporate disclosure, and govern with greater accountability. Furthermore, the legislation mandates accuracy of a company’s financial reports, requiring finance departments to better understand the true picture of a company‘s inventory and assets, such as with fleet.
Read More →One company, Enterprise Rent-A-Car, has more than 85% market share. But competitors and industry software providers are stepping up efforts to challenge the company's dominance.
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To be successful, fleet management must develop a partnership with the operating departments, their operators, and vendors. Fleet is the pivotal player in these relationships as it manages equipment from cradle to grave
Read More →A medium-duty truck is a big purchase decision. It is often the price of as many as five cars. Thinking through the various considerations may well be the difference between a truck that does the job and one that will not.
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Implementing proactive fleet policies can often produce significant cost savings in the long run. Examine every aspect of fleet operations to uncover expense-cutting opportunities.
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A fleet business plan forces change when the company has 2,100 vehicles providing electric power to nearly 800,000 customers and delivers nearly 1 million acre-feet of water to a service area in central Arizona.
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