To manage fleet is a no-brainer, but for small businesses where every dollar counts, it could be something they want to risk cutting costs.
Your most valuable assets are moving on wheels, and not knowing where your fleet vehicles are could place your company at enormous risk. Let’s walk you through a step-by-step guide to fleet management.
What Is Fleet Management?
See it as an umbrella term for many actions and processes that must be executed for a fleet of five or more vehicles, trucks, vans, e-bikes, and practically anything on the tar road. These processes are important for transportation to run on time, within budget and at its maximum efficiency.
Have you heard of fleet management? They’re a fast-growing trend that helps businesses excel. And no, you don’t need a six-digit figure in your small business bank account to benefit from fleet management.
It is almost compulsory for any business that wants to stay competitive and maximize its resources. In today’s tough economy, it’s a no-brainer.
Benefits of Implementing a Fleet Management System
Buying or leasing a van or car for your business comes with many responsibilities. You need to factor in fuel prices, maintenance services, storage, and, of course, insurance.
Staying on top of all of these responsibilities can be intimidating. However, there are many high-ranking fleet management software on the market today that make it easier for managers.
It allows businesses to have a better overview of all the fleet data on the expenses to maintain the fleet on one app, simplifying a complex process.
Increased Efficiency and Cost Savings
Fleet management helps businesses reduce costs, increase productivity, and improve efficiency. It’s a valuable tool for businesses on a budget or even small companies. By implementing a fleet management system, companies can maximize their resources and expand their footprint much faster.
Here are five other benefits, according to Forbes.
- Reduce labor and fuel costs
- Locate and track fleet vehicles
- Improve fleet and driver safety
- Manage vehicle maintenance
- Optimize cost-savings
Key Features of a Fleet Management Software
Essential Tools for Effective Fleet Management
Managers have many things to remember, and keeping track of when each vehicle requires routine maintenance. Fleet management software is the key to this problem, it helps track vehicle metrics to get into a maintenance routine.
Some software also provides features like:
- GPS tracking,
- Driver management,
- Route planning,
- Vehicle tracking,
- Driving behavior analysis,
- Fuel management.
With real-time tracking, fleet managers can even monitor the speed and condition of their cars.
Choosing the Right Fleet Management Solution
Evaluating Fleet Management Options
Making the right decision that will fit your business needs can be daunting. Here’s how you can make the process easier.
One: Compare prices from top fleet management software providers.
Two: Consider the different features and tools, both necessary and nice to have.
Three: Evaluate the security features. This would include two-factor authentication, frequent security updates, and data encryption.
Implementing a Fleet Management System
Steps to Successful Implementation
Step one: Once you have compared your fleet management software options and minimized them to two or three, it’s time to make a decision. Partner with a fleet management company that can provide a comprehensive solution that will increase productivity.
Step two: If you are not comfortable with any of the options available, consider outsourcing only part of it. We call it a hybrid model where only certain areas are outsourced.
Step three: Consider software that can provide real-time management information. If a crisis occurs during a delivery, you’ll be notified and alerted to resolve the problem immediately without disrupting the drivers.
Fleet Maintenance and Repair Management
Effective Strategies for Reducing Downtime
With accurate fuel management systems, a business can track the data and make informed decisions about new fleets and electric vehicles or other changes to ensure affordable fuel consumption.
Older cars or vans require more regular fleet maintenance and are often standing idle at the workshop for longer periods than newer vehicles. With a fleet management system, it’s easier to schedule maintenance, regular inspections, work orders, and schedules.
Route Optimization and Planning
Strategies for Improving Fleet Operations Efficiency
With cities becoming more cramped, leaving less space for vans and vehicles to maneuver through narrow streets and find parking, there has to be a solution to tackle this headache.
This is where fleet management systems come in. Route planning software helps drivers plan their routes, indirectly giving fleet managers a greater ‘bird’s-eye view’ of where all the fleet is at any given time of day.
With route optimization strategies, drivers reduce their fuel consumption, putting less work on the vehicles and making sure they last longer.
GPS tracking is another option to improve your fleet operations and make it more efficient. Some software has an additional feature, enabling a video to record the vehicle. This could help with monitoring if there is any driver abuse in the fleet.
Driver Behavior and Performance Improvement
Strategies for Improving Driver Performance
You can have one of the best fuel-efficient cars or vans on the market, but if your driver is hard on the machine, you can see no difference in your fuel bills. Driver behavior is key to making sure the fleet performs to its full capacity. Poor driving also has an impact on your insurance expenditures.
Regular driving training programs can minimize this problem and improve fuel consumption as well as the safety of staff and assets.
But how can you identify which driver needs specific training? That’s where fleet management software plays a vital role, providing managers with accurate and relevant data.
With the right software, businesses can asses which driver needs to be trained in a specific area.
Overcoming Common Fleet Management Challenges
Addressing Main Problems in Fleet Operations
Problems are part and parcel of our daily lives, and so it’s inevitable that there will be stumbling blocks during fleet operations. These could be anything from cost management to fuel management to asset tracking.
To control your costs and reduce expenses, use a fleet management system to optimize and control your bills. But if this sounds way off your radar, there are options to outsource this service to experts who can give support or guidance.
The Future of Fleet Management
Using AI in Fleet Management
Artificial intelligence (AI) has the potential to help fleet managers analyze the data given, and identify problems that can be resolved.
With drivers abusing vehicles, AI can assist with working out real-time tailored training programs to improve drivers skills.
With endless opportunities to expand and grow your business with the help of better oversight over your fleet, it’s worth exploring your options, doing research, and considering what works best for your business.
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About the author
Mia is a multi-award-winning journalist. She has more than 14 years of experience in mainstream media. She's covered many historic moments that happened in Africa and internationally. She has a strong focus on human interest stories, to bring her readers and viewers closer to the topics at hand.