Advantages of Fleet Management - Seven Tips For Managing As an Expert

Fleet Management Software

There are many advantages of fleet management when everything is done correctly. In addition to the direct monetary incentives of proper fleet management, there are also multiple advantages in insurance, safety, and repairs. Here are seven tips to help you manage your fleet like an expert.

Fleet Management Software

1. Use company provided vehicles rather than having your employees use their own vehicles and reimbursing them. There are multiple advantages to this including presenting a uniform image, ensuring a proper vehicle for the job, and reduced liability issues.

Fleet Management Software

2. Know your costs. It is important for you to know both the direct and indirect costs incurred by a fleet so that you can plan correctly to lower them. Indirect costs include customer satisfaction, marketing value, driver downtime, as well as other costs.

Fleet Management Software

3. Only keeping as many vehicles as are necessary is one of the big advantages of fleet management. Each vehicle costs a not insignificant amount of money to purchase and maintain, and every vehicle that is sitting in the lot unused is depreciating, costing you even more money without providing you with any benefit.

Fleet Management Software

4. Pick the appropriate vehicles for your fleet. While this can mean choosing the obvious such as full sized trucks for heavy jobs, it can also mean picking sedans over SUVs for daily drivers. Also, while some features are nice, depreciation is less with vehicles that don't have all the top of the line extras.

Fleet Management Software

5. Require steps to reduce the number of accidents. Not only do accidents damage vehicles, they can carry a lot of other costs that can really hurt. Check potential employees' driving records before hiring and continue to check them during employment. Mandate safe-driver training and provide incentives for safe driving. Fleet Management Software 6. Manage maintenance. Use the latest management software to keep track of the maintenance schedules of the fleet to increase efficiency. Fleet Management Software 7. When selling a no longer needed vehicle, sell it in a competitive market to maximize resale value. Proper management of your fleet can greatly increase your profits. Use these tips and continue research to find more advantages of fleet management.