Fleet management is a very important aspect of business management, especially for companies that rely mainly on transportation, because it helps in controlling costs. It entails several different tasks, including vehicle maintenance, productivity, and driver safety enforcement. Defined, fleet management is the process of optimizing risks, efficiency, and costs related to fleet operations. Hence, fleet managers have a responsibility to maximize profitability by reducing fleet risks and costs. The benefits of fleet management include the following:
Reduced Fuel Costs
To reduce the fuel costs and prevent drivers from abusing fuel, fleet managers can use vehicle tracking systems, which help to monitor vehicles and the behaviour of drivers in real time. When the drivers know that they are being monitored, they do what is right: reduce idle times, stick to routes and time schedules, etc.
Losing one vehicle to theft could mean a huge loss for any business, whether small or big. Think of how overwhelming it can be to manage a fleet of 500-plus vehicles. With a vehicle tracking system, fleet managers can significantly reduces cases of stolen vehicles. Tracking solutions help to know where each vehicle is so it can easily be traced in case it’s stolen.
Proper Vehicle Maintenance
Failure to maintain vehicles on a regular basis can be expensive for your business. However, with a proper fleet management system in place, this can be a breeze. Fleet managers, especially those managing a large number of vehicles, can set up maintenance alerts, which help to know when a vehicle requires maintenance. Relying on drivers for alerts may not help since they may report any vehicle issues when it is already too late. Proper maintenance of vehicles also ensures reliability because it reduces vehicle breakdown cases, preventing delayed deliveries. Your company customers will be able to receive goods on time, and this helps your business to build a good reputation.