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Over the past several decades, the purchasing managers of yesteryear reinvented themselves into procurement professionals whose function is now viewed as a strategic asset that provides a competitive advantage to a corporation. Can fleet management, likewise, elevate its perceived value to a corporation, especially in the eyes of its senior management? I say yes, and the timing is right to do so.
Read More →WEX, Inc. and Citibank N.A. have been authorized to provide card and payment services to federal agencies that manage fleet vehicles under a new contract for GSA SmartPay 3 that runs for 14 years, WEX has announced.
Read More →Commonly-accepted procurement best practices typically focus only on short-term savings. For most fleets this overlooks substantial hidden long-term costs and related savings opportunities.
Read More →There exist hidden opportunities with full-service leasing that are typically overlooked. The attention to financial details can distract from more significant benefits to fleets and their customers
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Sales of vehicles to commercial fleets from eight manufactures increased 3.7% to 49,801 in October with strong truck sales outweighing a nearly 30% decline in cars, according to Automotive Fleet data.
Read More →During my tenure in fleet, I have had the privilege of meeting all 32 fleet manager who won the AF Fleet Manager of the Year Award and the 12 executives who won the FF Fleet Executive of the Year Award. Although each managed different types and sizes of fleets, there were common traits found among these award-winning fleet professionals.Based on my observations, here’s what they had in common:
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Sales of vehicles to commercial fleets from eight manufactures increased 25.7% to 51,112 in September with strong sales in the truck category, according to Automotive Fleet data.
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Scott Lauer retired as associate director, North American Fleet Administration and Procurement for Merck Sharp & Dohme Corp. on Aug. 31, following a 29-year career with the company, of which, the past 10 were in fleet.
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Sales of vehicles to commercial fleets from eight manufactures increased 12.6% to 52,439 in August units with strong sales in the truck category, according to Automotive Fleet data.
Read More →It’s more than costs and numbers. Analyses often focus solely on utilization. This inherently limits savings opportunities and also overlooks associated critical best practices.
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