The fleet management market is going to triple over the next eight years. Fleet managers had to cut logistics and transportation budgets because of COVID-19, and they need help to make up for those cuts.

They increasingly turn to fleet management systems to help them make better decisions. These tools are incredibly useful, but you still have to apply the main principles of enterprise fleet management.

What are those core aspects? Keep reading to find out.

Driver Safety

Driver safety should be your primary responsibility. Fleet management lets you track drivers’ driving habits and behaviors.

Don’t forget about the Electronic Logging Mandate, which was passed by Congress in 2017. Fleet managers have to maintain an electronic log of a driver’s hours of service. This minimizes drivers working too long. They won’t put themselves and others in danger because of fatigue.

A side effect of driver safety is driver retention. The trucking industry faces a shortage of 80,000 drivers. Drivers cite poor conditions and low pay as reasons to leave the industry.

If you can improve your fleet management and driver safety standards, your company won’t have a problem finding and keeping good drivers.

Maintenance and Fuel Management

How do you track and manage maintenance costs? Don’t wait until something breaks to repair it. Fleet management for enterprises thrives on a preventative approach.

Fleet management systems tell you about a car’s repair history and mileage. You can use these insights to maintain vehicles. You’ll lower time out-of-commission and your maintenance expenses.

Fleet fueling is one of the largest fleet management expenses. Companies often give drivers a company card for fuel expenses, but drivers also use the card for personal expenses.

Plus, you’re at the mercy of the fueling station that the driver chooses. They might pick a station that’s more expensive or one that charges a credit card fee.

You can take back control of your fuel management costs and hire a company to bring fuel to the fleet. A good example of a fuel service company is Instafuel that guarantees a reduction in costs.

Fleet Optimization

Fleet management systems will give you a treasure trove of data. How you interpret and utilize that data determines your success as a fleet manager.

Pay attention to driver metrics, such as personal use, compliance, and routes. Then look at fuel and maintenance costs.

You’ll be able to make changes to reduce these costs. You can optimize a route to speed deliveries and reduce miles on the road.

Enterprise Fleet Management Tips for Efficiency

What does the future of enterprise fleet management hold? The implementation of technology and fleet management systems.

These systems help you track the most important aspects of fleet management. You just learned how to fuel a fleet, emphasize driver safety and take preventative maintenance measures.

Use these fleet management tips and you’ll reduce costs and have an efficient fleet.

If you enjoyed learning about fleet management, you’ll enjoy the latest business buzz. Head over to the Business section of this site for the latest.

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