HOW TO MINIMIZE CORPORATE WASTAGE WITH FLEET MANAGEMENT SOFTWARE

Companies are different and they can come up with different action plans to cut back on corporate waste, and usually vehicles are an area with a lot of cost-saving actions. Vehicles and other similar equipment are a big investment and they can quickly become a bad investment if companies spend more money on them than they make. With the help of fleet management software, managers will have reports generated that highlight underutilized equipment, point out areas where the equipment would be more productive or identify vehicles that are no longer needed / disposable.
 

Analyzing different routes, managers can decide on the most efficient one and then with the help of GPS truck tracking they can check whether drivers are following the agreed route. This way companies can save costs on potential extra fuel consumption or unnecessary wear and tear of the vehicles by comparing the optimized route with the actual route taken. Also, having the ability to view which vehicle is closest to a job site, managers can decide which is the most efficient vehicle to send out, while reducing fuel costs.
 

At the same time there is a great number of companies where vehicles are taken to maintenance at arbitrary times although potentially this is not needed. A fleet management software can solve this issue and minimize costs by avoiding unnecessary maintenance. A good software will offer access to different live/up-to-date reports, so managers can decide whether or not to schedule the vehicles for maintenance based on the actual mileage or engine hours.
 

Willingly or not fuel slippage costs companies a lot of money annually. A fleet management software can quickly identify a vehicle with a higher fuel consumption rate, alert the manager who can further investigate the reason. They can easily find any fuel wasting practices, or otherwise fuel theft. The goal here is for organizations to spend less on fuel, thus making sure vehicles run efficiently.