Fleet Management - Definitive Guide

It doesn't matter how many vans or semis you have, if your company depends on commercial vehicles to conduct business, you have a fleet. Fleet management is the practice of ensuring that your fleet is operating at maximum productivity and efficiency, with minimal cost and risk.

As a result of the application of modern fleet management technology, fleet managers can increase time efficiency, profit, and productivity while gaining valuable insights that can only be obtained through advanced machine calculations.

What is Fleet Management?

Any organization that has to engage in fleet operations or fleet monitoring can benefit from fleet management, which allows them to securely and efficiently manage their fleets and asset information.

Furthermore, it allows businesses to get a large amount of real-time, insightful and actionable data from telematics devices, which can be utilized to improve overall vehicle usage, driver conduct, and security.

Every industry strives for maximal output at the lowest possible cost. Fleet costs account for a significant amount of a company's operating expenses for fleet management.

fleet management on computer

fleet management on computer

By optimizing routing, maintaining vehicle security, promoting driver safety, and improving fleet vehicle performance and life cycle, fleet management solutions help fleet owners increase profit. It also aids in the visualization of fleet performance and the identification of which drivers or cost-cutting categories should be prioritized for development.

It aids fleet managers in rightsizing fleet vehicles, doing preventative maintenance, minimizing fuel prices and distance traveled, changing driver behavior, and lowering overhead costs.

The advantages increase the cost-effectiveness of fleet operations, giving them a competitive advantage. The benefits have boosted the business potential of fleet management solutions and increased investment inflow into the market.

Fleet management software and solutions aid in the management of drivers and vehicles. However, relying solely on traditional technologies has its drawbacks. Combining transportation monitoring with IoT technology helps position your company for future growth.

Technology will continue to advance, and your upgraded fleet management software will be ready to meet your company's demands.

What is Fleet Management Software?

Fleet management software is a computer program that allows users to perform specified duties. E.g., from vehicle acquisition to vehicle maintenance and then vehicle resale/trade-in, these specific activities cover the entire spectrum of vehicle operations.

Using fleet management software, businesses may optimize the usage of their vehicles from a single platform, whether it is a standalone app or a cloud solution. Additionally, utilizing simultaneously with a telematics unit is beneficial.

An automobile’s speed, temperature, engine block, fuel level, door opening, etc., may all be tracked.

Using data from a vehicle’s sensor and a telematics unit and/or GPS, a business can track the entire fleets remotely and get detailed information on whereabouts and condition, get detailed high speed accelerometer vehicle data, and use it to analyze events from the vehicles, among other things.

how fleet management software works

What is Telematics?

Telematics is a term that describes the use of information technology in remote communication. Vehicle telematics is a system that reads the data from the car systems and export it out to the fleet management system.

It’s a small box installed and connected to the diagnostics port or attached to the CAN wires. A telematics device records the information from the vehicle using GPS and on-board diagnostics.

how telematics unit works

How Does Fleet Management Software Operate?

Fleet management software enables fleet managers to keep up to date on the performance of their fleets. In effect, it is a sophisticated database with a variety of applications, that allows the recording and reporting of key attributes that can help improve efficiencies and drive down cost. E.g., they do this by reducing downtime and improving productivity.

Additionally, integrating a telematics unit with other hardware, software, and mobile apps can provide built-in tools and capabilities to make the fleet operations more efficient and cheaper for businesses, users, and developers.

Choosing The Right Management Software for Your Business

Be at ease if you are uncertain where to begin, when evaluating fleet technology solutions. Fleet management software should include the following essential features:

Convenience of usecovenience of use icon

First of all, even the most sophisticated and powerful fleet management system in the world will be useless, if it is too difficult to use. Any fleet management software you’re considering should be demonstrated in person before you buy it.

Is the navigation easy to understand? Are all your needs met by it? Do you think it has a nice, clean interface to it? As a result, make sure it’s welcoming and easy to use.

Accessibilityaccessibility icon

Having access to your fleet management solution on the road is essential in today’s mobile environment and industry. You will need fleet software that you can log in to from anywhere with an internet connection. You should also check if the fleet management system is compatible with all major web-browsers before using it.

Data from the fleet that can be used to make informed decisiondata that can be used to make informed decision icon

There are many fleet management solutions that can provide plenty of data, however, you don’t want to be loaded with too much information. For this purpose, you will need a fleet management software that can gather and analyze data on behalf of the company.

Search for a software that provides dashboard summaries, trend reports, driver rankings, and other telematics data that can help you make informed, wise decisions about your vehicle’s operation.

The Most Important Advantages of Fleet Management

Manage fuel and maintenance costfleet management manage fuel and maintenance cost

Trying to keep your fleet up to date and fuel it as needed can feel a lot like cleaning your car outside when it's still raining. A fleet management dashboard will provide you with the transparent perspective you need to keep up with the variable vehicle needs effectively and efficiently.

Real-time visibility into fleetfleet management real-time visibility into fleet

Knowing the state of your fleet allows your organization to make the necessary modifications in real time to meet its goals. Periodic reports can only give you a static picture of your operating strengths, which implies that changes will only happen after they've happened.

Improve driver safetyfleet management improve driver safety

Fleet management is about more than just keeping your vehicles in good working order; it's also about keeping the people who drive them safe. Vehicles that aren't well-maintained can put your drivers in danger on the road. Stay up to date on crucial safety alerts, to keep your vehicles functioning efficiently and your drivers safe.

Improved reportingfleet management improved reporting

Even with good maintenance, you'll need to be able to see over-time analytics to see if your fleet vehicles are actually performing at their best. It's possible that your internal reporting isn't detailed enough to catch this data. As a result, making fleet management a critical tool for vehicle tracking is critical.

Maintain safe and reliable vehiclesfleet management maintain safe and reliable vehicles

A broken vehicle must be replaced, which implies more resources must be spent on new equipment rather than on corporate expansion. When your fleet management system generates an automated red dot on your vehicles, you're more likely to notice vehicle issues before they become irreversible.

Longer vehicles lifespanfleet management longer vehicles lifespan

Drivers can be notified of mileage and other performance metrics through fleet management systems. This guarantees that the vehicles are properly maintained, resulting in a longer and more enjoyable road life.

Higher customer retention ratesfleet management higher customer retention rates

A fleet management platform is also beneficial to customers. The tracking of commodities is more efficient and effective by logging into the site. Customers can rely on real-time GPS tracking for status updates rather than contacting repeatedly to find out approximate arrival estimates. In the end, enhancing client satisfaction ensures that you have the best opportunity of maintaining valuable business.

Increased driver satisfactionfleet management increased driver satisfaction

Your staff, like any other employee, are going to have a lot on their plates. Fleet management solutions will help to improve the day-to-day experience of drivers, resulting in increased efficiency.

Reduce labor costfleet management reduce labor cost

You'll never have to wonder where your driver is with deliveries again thanks to GPS fleet tracking technology. That's because fleet management effectively places you in the driver's seat of the vehicle. It's your job as a manager to make sure your drivers aren't wasting time on the road.

Managing a fleet entails a number of risks, but no more than you could expect from any other kind of business. With the right fleet management system and fleet management software, you can increase your operation efficiency, profit, and productivity. Start by checking out the awesome solutions we offer and requesting a FREE demo today