Fleet management is a crucial aspect of any business that operates a fleet of vehicles, whether it’s for transportation, delivery, or other purposes. However, managing a fleet can come with several challenges that can negatively impact your bottom line and productivity. These challenges include rising fuel costs, maintenance and repair expenses, compliance with regulations, and more.
In this article, you will find some of the most common challenges faced in fleet management and provide strategies for overcoming them. Whether you’re a business owner, fleet manager, or logistics professional, this article will provide valuable insights and practical tips for overcoming fleet management challenges and maximising your return on investment.
Fleet Management Challenges
Over the past ten years, fleet managers’ main worries have been driver shortage. However, as the need for freight transportation grows, the number of new driver applicants remains almost flat – a cause for significant concern. Further, hiring novice drivers can also result in safety issues and the requirement for driver monitoring techniques.
Depending on the type of fleet vehicles used, some plants must plan for significant fuel expenses. As a result, the business’s financial results might be significantly impacted by even minor changes in the cost of diesel. Therefore, maintenance staff must monitor reports of varying fuel consumption and be vigilant for problems that can be fixed or downtime that can be avoided.
Extreme weather events have raised awareness of climate change and prompted the adoption of new clean air standards worldwide. This keeps fleet managers under constant pressure to phase out the usage of internal combustion engines due to stricter environmental regulations.
How does Technology Help in Overcoming Fleet Management Challenges?
Maintenance teams are being made an essential component of the first line of defence to guarantee safe transportation and the use of vehicles in manufacturing facilities as fleets become autonomous and digitally enabled.
Digitalisation of Transportation
With digital tools, managers can monitor vehicle routes, obtain service history information down to the component and part level, keep track of compliance, and get alerts when preventative maintenance is necessary. Managers can now monitor all of these operations and more due to improved telemetry and Internet of Things (IoT) technology.
Software created specifically for service dispatch technicians can determine the best vehicle to deploy for an urgent emergency, determine the optimum route, and track the position of fleet vehicles. This GPS-centric data helps track vehicles and identify environmental elements that cause unique repair needs, which can help the fleet manager and the maintenance crew.
Today, fleet providers use modern systems to analyse the data and arrive at conclusions. They usually use business intelligence and analytics components to explore and dive deeper into potential factors causing the need for assistance. Furthermore, they look into data abnormalities that could indicate future issues using predictive analytics.
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