Does your company pay enough attention to fleet vehicle management? It’s an essential aspect of any business with a fleet, yet it often flies under the radar. Learn the basics of vehicle management and the benefits that this brings to your organization. Without it, you’re staring down the barrel of increased costs, decreased vehicle lifespan, and more customer complaints.
Our guide explains what you need to know so you can effectively manage fleet vehicles.
Simply put, fleet vehicle management involves managing all motor vehicles used for work purposes by your business. This can include:
If your organization relies on vehicles to conduct daily activities, you need a solid business fleet management system.
The core aim of fleet management operations is to reduce the overall costs of maintaining your fleet and getting the most out of your vehicles and drivers. It’s about optimizing efficiency and using data to make smarter decisions regarding your fleet.
For example, you can use a vehicle fleet management system that tracks the routes of all your drivers. It can analyze where they’re perhaps losing time and plot more efficient routes to consume less fuel and experience quicker journeys. It’s all about getting as big a return on investment from your fleet as possible.
Some business owners see vehicle management as an extra cost that can be avoided. When trying to keep to a budget, this is one of the typical elements to cut. However, fleet vehicle management has proven to be exceptionally important for organizations of all sizes.
The right vehicle fleet management services can give following benefits:
Ironically, investing in fleet management will help a business save money. The following statistics from G2 prove this:
Vehicle fleet management services are linked to improving the lifespan of all vehicles in a fleet. Using AI-powered solutions like Revvo help companies monitor key aspects of the vehicles, like the tire conditions. AI-powered solutions make it easier to spot when tires are deflated or wearing thin, identifying drivers that maintenance is necessary.
Problems like tire wear or deflation will force a vehicle to work harder and can reduce its lifespan. There are many other ways a fleet vehicle management system can aid companies in improving maintenance schedules and keeping cars, vans, or trucks in good condition for longer.
Company vehicle fleet management can reduce the amount of fuel a car, van, or truck uses every day. Part of this is from noticing tire wear, which can have a profound impact on fuel consumption.
The other part is using smart solutions to find the best routes and prevent extra time being spent on journeys. Improved fuel consumption does more than save money; it reduces your carbon footprint, helping you become a greener company.
Company vehicle management services also make journeys safer for drivers. It’s reported that 42% of companies using fleet vehicle management systems saw a serious decline in safety incidents involving drivers since adopting the new system. Tracking software allows organizations to monitor driver habits and prevent incidents ahead of time through careful analysis.
Moreover, 87% of customers using Revvo’s TireIQ fleet management software saw improvements in safety. Noticing the early signs of tire degradation or being able to pinpoint potential tire problems can stop accidents by solving the issues before they become dangerous.
An underrated benefit of company car fleet management is that it improves the customer experience. Implementing ways to optimize routes ensures drivers arrive on time more frequently. Customers aren’t left waiting around, so their satisfaction increases. It’s no coincidence that businesses saw a 54% improvement in customer service as a direct result of fleet tracking implementation.
A fleet management system is comprised of many elements. As noted previously, your main goal is to optimize fleet efficiency and performance – you want to keep the costs of running your fleet as low as possible while ensuring that your team performs their jobs and complies with all regulations.
Here are some key aspects that ensure optimal fleet management success:
These systems provide detailed analytics and data that businesses can use to make smarter decisions. You can identify the best ways to cut costs throughout your fleet without compromising performance.
Every business needs fleet management services, and Revvo is here to provide an excellent solution. Our TireIQ management platform has automated over 8 billion tire decisions with AI technology. It connects, monitors, and manages vehicle tires to improve performance, safety, and uptime on the road.
This forms a core part of your overall fleet vehicle management system, and we’ve seen up to 90% fewer grounded vehicles, a huge 10% increase in tire life, a 5% increase in fuel economy, and an 8% improvement in sustainability for clients using this software.
Want to learn more? Click here to book a free meeting with one of our experts who’ll show you a demo of the system and explain how it can support your business.
Reducing friction isn’t just between tire and road, but between data collection and analysis. With rich analytics from AI such as Revvo’s TireIQ, fleet managers are finding ways to improve performance, safety, and uptime on the road. The result is lower costs for fleets of all types.
Looking to increase your performance, safety and uptime? With analysis from 375 billion data points, Revvo is ready to share useful insights for your fleet. See a demo today.
