THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
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Fleet Management

The Challenge of Logistics in Alaska

Transportation is the lifeblood of America's largest state, but challenges posed by geography and weather mean options are severely limited for eight months of the year.

SmartDrive, Geotab Announce New Telematics Partnership

SmartDrive and Geotab said a primary goal of their new relationship is helping to simplify the on-board technology footprint, giving fleets freedom to choose solutions that fit their business and their budget, and dramatically lowering the total cost of ownership.

Procurement’s Fixation on Hard Costs Misses Larger Soft Cost Savings

Procurement initiatives to reduce fleet cost structure primarily focus on hard costs with secondary consideration given to soft cost reduction. Some procurement teams often don’t appreciate the sizable impact of soft cost reductions and how they can lead to larger hard cost reductions.

Using Performance-Based Incentives to Optimize the Cost-Effectiveness of Fleet Operations

A fleet cost reduction program goes straight to the corporate bottom line. If a company operates at a 10% annual net profit margin, reducing annual fleet expenses by $100,000 is the equivalent of generating $1 million in sales. Although fleet managers manage hundreds of thousands to tens of millions of dollars in corporate assets, only half are incentivized to achieve targeted performance goals. I advocate incentivization should be a universal best practice extended to all fleet managers.