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3 basics to help your fleet generate profits

27 May 2016 09:00:00 BST | Fleet Costs 3 basics to help your fleet generate profits

If you want to help your fleet generate profits, you need to take actions to make your fleet becoming not only a source of costs.

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When we deal with customers who manage fleets and the problems they need to overcome while managing vehicles and journeys, we often focus on the sources of costs that fleets have to face.

This might lead you to think that fleet management is all about dealing with costs, but there is actually a lot of potential not only to shift the focus away from costs (and onto thinking about fleets in terms of generating revenue), but to actually make it happen! Sometimes it is just a matter of positive thinking, of not procrastinating but taking action, or having the right resources at your disposal, or having full visibility of your fleet’s activity.

With this post we want to show you how your fleet can actually start generating profits by getting 3 basics right—let’s have a look at them!

 
#1 - Get active contribution from responsible drivers

If you have the right drivers and continuously help them to make their driving efficient in terms of consumption, they will perform their tasks safely. By rewarding them, engaging in continuous two-way communication and helping them in their job by providing good tools you will ensure the motivation is there to help drivers switch to a safer driving style.

 
#2 - Make sure you are using the right vehicles

Not all fleets are using the same assets; it depends a lot on the scope of your job, on the geographic area you are working in, the regional weather conditions and, again, on the specific situations your business has to be prepared for… but if you are not using the right type of vehicles it might lead to you incurring excessive costs. Also, if you do not have visibility regarding your vehicles’ locations, you could be underusing your assets.

 

#3 - Have a proactive attitude and not a reactive one

It might sound like an obviously typical best practice for managing fleet maintenance, but it actually needs to be the attitude to adopt regarding all aspects of fleet activity—trying to pinpoint the causes of issues before they become major issues, whether it be fuel consumption or safety.

 

To learn more, see our blog post: 4 obstacles to fleet profitability - and how to beat them.

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Eleonora Malacarne

Written By: Eleonora Malacarne

Translator, linguist, blogger, multilingual content manager, SEO copywriter and content creator, digital marketer and language consultant with extensive experience in tourism, telematics and in the translation and localisation industry.