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There are wasted dollars in fleet budgets. The overwhelming majority of fleet managers are good stewards of corporate funds, so budgetary waste is not blatant but often comprised of the cumulative impact of hidden inefficiencies.
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Today’s video looks at the top trends driving fleets, which includes: fleet budgets constraints; fleet utilization and rightsizing; and potential future changes to taxation and regulatory compliance.
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New forms of sharing technology allow fleet operators — from corporate and rental fleets to motor pools — to increase utilization and recoup costs.
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The fleet management companies, the telematics providers, the upfitters, and the general service providers in our market can offer you some wonderful advice, but the only person who can really tie it all together is a fleet manager.
Read More →Senior management exerts intense pressure on fleet managers to control and/or reduce vehicle acquisition and operating expenses. To accomplish this, a fleet managers can pursue three different cost-control strategies — cost savings, cost deferral, or cost avoidance. In order to implement a successful cost-control strategy you need to institutionalize the mechanisms to curb money-wasting behaviors.
Read More →Reducing fleet costs is a constant, never-ending struggle for all fleet managers, especially since every aspect of fleet management revolves around money. In lieu of requesting additional budget dollars, one course of action is to stop the waste of existing dollars.It is estimated that, on average, 5-10% of a fleet’s annual budgeted dollars are wasted.
Read More →What can a commercial fleet manager do to get the biggest bang from the finite dollars in an annual fleet budget? What practices or initiatives can be implemented to minimize waste or leverage programs to gain greater efficiencies?
Read More →The fleet of State-owned cars serving officials will be cut by 30 to 50%, or about 12,000 to 20,000 cars, by the year 2020. The cut will not be applied to mountainous, remote areas and the islands.
Read More →A fleet operation generates data that can be manipulated and parsed in myriad ways. Fleet managers must report to management, but what key performance indicators (KPIs) are most important to your CEO?
Read More →Energy consumption accounts for a large part of a fleet’s operating budget. Fleet managers need to look for efficient and long-lasting ways to reduce this expense.
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