The fleet of a company is a crucial part of its operation and requires a lot of oversight. Fleet management is the process of ensuring the vehicles of your company are safe and on time and stay within budget. It is a difficult job that requires the cooperation of all departments.
Optimization of logistics and fleet management are processes that require different strategies to improve the functionality, efficiency and cost-effectiveness in delivery and transportation operations. The goal is to reduce operating expenses, including maintenance, fuel and indirect costs like insurance and depreciation while increasing efficiency and providing better service.
Fleet management entails keeping a safe and secure driving environment and adhering to local, state and federal regulations that govern commercial motor vehicles. This includes monitoring the hours of service, keeping track of repairs and inspections of vehicles, and ensuring that all documentation is available for quick review. Fleet managers can employ tools to simplify these processes and provide a central archive of all the documentation needed to ensure compliance.
Another crucial aspect of fleet management is leveraging real-time data to logistics optimization and fleet management inform customers about the delivery status. This includes automated ETA calculation as well as regular updates to the status of orders and actionable insight to enhance last-mile deliveries. These technologies can also be utilized by fleet managers to discover and implement cost-saving opportunities. This includes implementing routes that reduce miles per delivery, maximizing capacity for load and efficient vehicle maintenance. This can help companies lower their costs and boost their competitiveness.