Build a successful fleet strategy with intelligent insights

Posted by

hitanshi D.Rathod

To build a sustainable business, it is essential to strategize, review, rectify and implement an effective fleet strategy. With manual processes losing its grip over the logistics and transportation industry, the modern-day fleet management practices have revolutionized daily operations by leveraging advanced tracking, automated dispatching, enhanced monitoring and intelligent reporting.

From identifying job opportunities, managing vehicles and drivers, overseeing the daily work process to analyzing daily activities, a fleet management solution takes every aspect of the business into account. With this 360° degree view of the operations, fleet managers can gain useful insights into the daily operations and implement strategies to improve results.

Here’s a look at three crucial insights that fleet owners can derive from a fleet management solution.

Fleet utilization

Fleet remains the biggest asset of a business and obtaining maximum productivity from each and every vehicle remains the primary objective of every fleet manager. Fleet-based analytical reports shed light upon the utilization of your vehicles by analyzing the number of jobs completed and miles traveled within the stipulated time period.

Based on this, fleet managers can identify underutilized vehicles and switch some of the workload to maintain a balance.

This insight can also play a vital role in determining the optimal fleet size of the business. In case, your operations run smoothly even with a strength of 150 vehicles, you can make a decision of reliving your additional vehicles, saving you thousands, in the process.

Vehicle maintenance history

Where ensuring optimal vehicle productivity matters, extending the longevity of the fleet also becomes a primary goal for fleet managers. Historical reports regarding individual vehicle maintenance schedule can help fleet managers in identifying top-performing vehicles. This way, fuel-efficient vehicles can be employed in the long-distance journey and underperforming vehicles can be replaced, instead of investing in costly repairs frequently.

Driver performance

On the road, drivers represent your business as they are responsible for on-time deliveries. Also, fleet managers need to constantly evaluate driver performance and ensure compliance towards driver HOS. With automated reports, fleet managers can review the number of jobs a driver has completed on a daily basis, their work hours and track any discrepancies. Additionally, fleet managers can monitor driver behavior such as speeding, harsh acceleration, hard braking and other aggressive driving patterns. Negligible driving can lead to unnecessary accidents and also turn out to be hazardous to the vehicle condition. Aggressive driving can accelerate engine wear and tear and decrease vehicle life.

Fleet managers can constantly monitor driver-based insights to identify driver behavior and top-performing drivers. Based on this, businesses can inculcate safety driving program and also provide incentives to top-performing drivers.

With such crucial insights in hand, fleet managers can simplify the complex process of improving fleet productivity and reducing costs at the same time. Instead of strategizing based on mere guesswork, businesses can leverage actionable data to achieve actual results.

Fleet management business insights