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A vehicle’s total cost of ownership is comprised of its fixed costs, operating expenses, and depreciation per year or during the course of its service life, minus its anticipated resale value. During the course of a vehicle’s service life, TCO is subject to change due to a vehicle’s age and numerous external factors, which has a direct bearing on replacement policies.
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Preventive maintenance programs are yesterday’s news. Tomorrow’s fleet manager is working on predicting issues before they even occur.
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Not only is last-mile delivery the fastest growing vocational fleet segment, it is also demonstrating that it will be an early adopter exploiting the technologies and business practices that will become the new core fleet management tools to be employed in the next decade of the 2020s.
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UPS will implement a new predictive analytics tool later this year designed to analyze details about its logistics network in order to meet the demands of e-commerce shopping and competition from FedEx and Amazon, and better manage its fleet.
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As telematics continues to evolve and expand, fleet managers, business owners, and drivers are benefiting from new benefits and functionality.
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Predictive analytics is a fleet-management tool that uses data collected by telematics systems to identify the early-warning signs that could lead to collisions and breakdowns.
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Two Donlen experts will discuss fleet analytics at a session at the 2017 NAFA I&E in Tampa, Fla. on Wednesday, April 26 at 8:30 a.m., the fleet management company has announced.
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Upcoming safety tech for fleets includes solutions that will preemptively predict potential crashes to ultimately remediate the issue.
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Just as with fleet management, there are many disruptive changes anticipated in the broader discipline of corporate procurement, much of it technologically driven. Many of these changes will directly impact fleet sourcing decisions.
Read More →RMJ Technologies has developed its own patent-pending, fully customizable, and 100% automated fleet driver remediation system.
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