All activities related to making the most effective use of a fleet of vehicles via a fleet management solution. For example, using actionable insights to implement change, such as improving driversβ driving habits and optimising fuel usage.
How can fleet optimisation be measured?
Fleet optimisation can be measured by using certain types of metrics. One method of determining the quality and usefulness of a metric is known as the S.M.A.R.T test:
- Specific - Metric should be clear, and easily understood with no room for interpretation.
- Measurable - Metric must be quantifiable and should avoid yes/no metrics.
- Attainable - Goals cannot be set on unrealistic expectations. Metrics should be reasonable and credible under normal conditions.
- Realistic - Goals should fit within the company and department's constraints.
- Timely - Metrics should be achievable within the given time frame.
Benefits of fleet optimisation
Increasing fleet productivity and decreasing costs is a top priority for fleet managers. One of the most effective ways to reach these goals is by investing in fleet tracking technology that can help improve fleet optimisation.
Fleet optimisation comes with a lot of benefits when done right. These include:
- Minimise truck downtime - A huge part of managing fleet operations is making sure all vehicles in the fleet are operational when in their downtime.
- Cheaper and shorter routes - Fleet management solutions are built so that every vehicle asset can be used to the max. By ensuring vehicle specifications are matched with cargo requirements, systems will make sure no vehicle space is wasted.
- Better fuel management - Fuel is responsible for a big chunk of fleet-related expenses, so finding ways to optimise fuel usage and manage key resources better will help cut transportation and logistical costs.
- Improved vehicle tracking - Vehicle-tracking data allows a business to get accurate insights into how each vehicle or fleet is performing, and what can be done to optimise their usage. In terms of fleet management, tracking can go two ways: Real-time tracking, and analytics and performance insights. When used right, both types of data can allow for maximum fleet optimisation.
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