Fleet Management: Everything You Need to Know

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One of the most challenging tasks in a fleet business pertains to the proper management and maintenance of groups of commercial vehicles or fleets. Management of fleets is an integral part of running a successful transportation company. Not only for them, but fleet management has also become an important part of public life as well. 

Did you know that the governments of developed countries spend up to $4.2 billion in supporting and maintaining fleets of trucks, ambulances, and other vehicles through an efficient fleet management system

Are you overwhelmed by this figure? Let’s start with the basics first.

What Is Fleet Management?

It comprises a series of processes from acquisition to disposal that is utilized by fleet managers to effectively manage and maintain their fleet of vehicles and their information. 

It is through this management that companies in the transportation sector are able to benefit from greater efficiency, minimized costs, and operational compliance. Effective management of the fleet is primarily achieved through a fleet management system or software. 

It is important for organizations in various sectors that utilize vehicles for carrying out everyday operations to regulate the full lifecycle of vehicles. The true purpose of management practices is fulfilled when the fleets are managed in such a way that they are effectively protected against all the risks while their performance is fully optimized for work purposes. It should also ensure legislative compliance. 

All this is best achieved through the employment of fleet management software by an organization.

What Is Fleet Maintenance Management?

Proper upkeep of various vehicles is crucial to enhancing their effectiveness. Thus, the goal of fleet maintenance is to ensure that the vehicles can be operated efficiently and are perfectly safe to use for fulfilling the requirements of a company. 

There is a fine line between owning a vehicle and taking due care of it. Fleet maintenance entails preserving vehicles in such a state that they function at their peak. Its benefits include reduced vehicle downtime, enhanced satisfaction of the driver, and decreased maintenance expenditure.

Technology, in the form of fleet management software, is used by companies to handle maintenance. The performance of a vehicle and your service longevity is directly impacted by the quality of your fleet maintenance. 

A fleet management system by helping you to detect maintenance requirements at the earliest imparts you the dual advantage of maximizing vehicle performance, as well as safeguarding the lives of the driver and the employees using the vehicle.

What Is Fleet Risk Management?

Risk management can be regarded as the essential responsibility of a business to ensure its drivers are insured and fully aware of the risks that are present on the road. It involves enforcing a sense of duty for the proper care and maintenance of the fleet. 

A fleet management system software greatly helps in facilitating improved accident and risk management. An efficient risk management plan should take into account the following issues:

  • Safety of the driver

One of the major causes of road accidents is driver distraction. Fleet management software works to detect and alert drivers the moment they become distracted or disengaged from the safe driving process. Various fleet management solutions enforce safe driving practices and habits, thereby helping a company to eliminate risks of accidents.

  • Maintenance of the fleet

Continuous monitoring of the fleets is essential to enable them to operate at their peak.  A fleet management system makes use of the latest technology that stores all data related to the engine, tire pressure, and brakes. It enables managers to detect breakdowns and conduct routine vehicle maintenance.

  • Ensuring regulatory compliance

Adhering to the rules and regulations regarding the regulation of fleets is a crucial responsibility of fleet managers. Fleet management solutions are tech systems that help fleet managers meet all the compliance regulations by tracking rules at various government levels. 

What Is Logistics Fleet Management?

It involves a string of processes like vehicle financing and leasing, maintenance and licensing of the vehicle, supply chain, and issue management. It also encompasses driver, speed, and gas management, health management, and the re-marketing of vehicles. 

The effective organization and movement of assets comprise logistics. All the processes are interrelated and require a logistics management system that integrates data from different sources to facilitate optimum productivity. 

A vehicle tracking system provides information pertaining to engine diagnostics, geolocation, and driver habits. Logistics management solutions provide real-time data and tracking information to managers. They also incorporate a GPS tracking feature. Managers can obtain actionable insights from the historical data and reports that these solutions provide.

What Is Fleet Safety Management?

Fleet safety systems enable organizations to manage and improve the strategies concerning safety, transport operations, procedures, and policies. Organizations should adopt those safety models that help them to continuously improve the safety performance of the fleet and minimize driving risks. 

Here the importance of a fleet management system that ensures the maintenance of constant connection with your assets and drivers through the provision of real-time data access cannot be denied.

How Does a Fleet Management System Work?

Management system works through its various key components.

  • A management software builds reports, facilitates effective communication with the drivers, and develops schedules for shipping. It also provides preventative maintenance notifications.
  • The integration with telematics makes it possible for you to determine the exact vehicle location and its speed. The information can be communicated to the drivers so as to make them aware of their driving habits.
  • The automated maintenance planning provides instant alerts to the drivers, technicians, and fleet managers regarding vehicle maintenance checkups.
  • The system tracks inventory and warranties, thus automating the time-consuming process of tracking every replacement part and warranties.

Conclusion

Fleet management is indispensable for a company’s progress. Organizations can either build their own management solution or avail of the services of a third-party provider. Leveraging a management solution thus gets rid of all the concerns that surface at every stage of the management process.

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