We have broken out cost-cutting initiatives into the following buckets:
Concerned you don't have the vehicle metrics to attempt some of these cost-cutting initiatives? Your source for fleet metrics can be found in a combination of fleet maintenance systems, parts inventory systems, fuel management systems, GPS, risk management systems, and a Fleet Management Information System (FMIS) such as FleetCommander. As you jump into your right-sizing initiatives, make sure your systems are being leveraged to the fullest extent possible. We recommend attempting to automate the sharing of data across systems so that all the valuable data is available in one place for reporting and analysis.
Don’t have a fleet management system yet? Think about all of the sources and types of data you’ll ultimately need for right-sizing and include that in your procurement specifications. If you’re still not sure, reach out to our fleet experts. At no cost, we can help you define your benchmarks and objectives, set goals and set you on the path to right sizing.