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Unlocking a World of Possibilities by Fleet Management Outsourcing

Posted on January 5, 2023 by fmsupadminnxtjs

Managing a fleet of vehicles is no small task – it requires knowledge and expertise in a range of areas, from fleet management to cost-effectiveness. For many businesses, the costs and complexities associated with managing a fleet of vehicles are simply too much to bear. Fortunately, there is a solution – outsourcing your vehicle fleet services.

Outsourcing your vehicle fleet services can be a great way to free up time and resources for your business. It is also a great way to reduce costs and increase efficiency in your business. By outsourcing your fleet services, you can focus on core business activities and let an experienced provider manage your fleet for you. It can help you manage your fleet more effectively, while also providing access to the latest technologies and also help you stay up to date with the latest industry trends.

But before you make the decision to outsource your vehicle fleet services, there are a few things you should consider. First, you need to understand the scope of services you need and the cost savings that can be achieved by outsourcing. You will also want to look for a provider that offers a range of services to meet your unique needs. Finally, you’ll want to make sure that the provider you choose is reliable and committed to delivering quality services.

In this blog, we will explore the different benefits of fleet management outsourcing and how it can help to unlock a world of possibilities for your business.

What do Fleet Management Outsourcing mean?

Fleet management outsourcing is the process of hiring a third-party provider to manage the day-to-day operations of your fleet. This can include anything from maintenance and repairs to fuel management and logistics. By outsourcing these services, you can free up your own staff to focus on more important tasks, such as customer service and sales.

Fleet management outsourcing is becoming increasingly popular as more businesses realize the cost savings and increased efficiency of using a third-party provider. It is also a great way to access the latest technologies, such as GPS tracking and fleet management software that can help you manage your fleet more effectively.

Benefits of Fleet Management Outsourcing Services

There are many benefits to outsourcing fleet services, including cost savings, increased efficiency, improved customer service, availability of expertise, access to latest technology, risk management, and quality assurance.

Let us explore each of these benefits in more detail.

Cost savings

One of the main benefits of fleet management outsourcing services is cost savings. By outsourcing these services to a third-party provider, you can reduce your overhead costs, as you will not be paying the staff to manage the day-to-day operations of your fleet. This can help to reduce your overall costs and increase your profitability.

In addition, outsourcing can also help you to save money on fuel costs. By using a third-party provider, you can access their bulk-buying power, which can help to reduce fuel costs. This can help to save your business money in the long run.

Increased efficiency

Another benefit of fleet management outsourcing services is the increased efficiency it can bring. By using a third-party provider, you can free up your own staff to focus on more important tasks, such as customer service and sales. This can help to increase your overall efficiency, as your staff can focus on the tasks that really matter.

In addition, outsourcing can also help to streamline your fleet operations. By using the latest technologies, such as GPS tracking and fleet management software, you can manage your fleet more effectively and ensure that it’s running as efficiently as possible.

Improved customer service

Fleet management outsourcing services can also help to improve your customer service. By using a third-party provider, you can access their expert customer service staff, who can help to provide a better service for your customers. This can help to increase customer satisfaction and loyalty, which can have a positive impact on your bottom line.

Availability of expertise

Another benefit of fleet management outsourcing services is the availability of expertise. By using a third-party provider, you can access their expert staff, who have the knowledge and experience to provide effective fleet management solutions. This can help to ensure that your fleet is running as smoothly as possible and that you are making the most of the latest technologies.

Access to latest technology

Fleet management outsourcing services can also provide you with access to the latest technologies. By using a third-party provider, you can access their latest technologies, such as GPS tracking and fleet management software, which can help to improve your fleet operations. This can help to save you time and money in the long run.

Risk management

Fleet management outsourcing services can also help to reduce the risks associated with managing a fleet. By using a third-party provider, you can access their risk management services, which can help to protect your business from any potential liabilities or losses. This can help to ensure that your fleet is running as safely and securely as possible.

Quality assurance

Finally, fleet management outsourcing services can help to improve the quality of your services. By using a third-party provider, you can access their quality assurance services, which can help to ensure that your fleet is running as efficiently and reliably as possible. This can help to reduce the risk of any breakdowns or malfunctions, which can save you time and money in the long run.

As you can see, there are many benefits to outsourcing fleet services. From cost savings to increased efficiency and improved customer service, outsourcing can help to unlock a world of possibilities for your business. So, if you are looking for a way to reduce costs and improve efficiency in your fleet management, outsourcing could be the answer.

How to choose the right outsourcing provider?

Choosing the right outsourcing provider is essential to ensure that you get the most out of your fleet services. Here are a few tips to help you choose the right provider:

Research the provider’s reputation and experience in the industry
Make sure the provider offers a full range of services that meet your specific needs
Ask for references from previous customers
Check out the provider’s pricing structure and find out if they offer discounts or other incentives
Make sure the provider is reliable and has a good track record of on-time delivery

What to look for in an outsourcing provider?

When choosing an outsourcing provider, there are a few key features to look for. First, you will want to make sure that the provider has experience in the fleet services industry. You will also want to make sure that the provider is knowledgeable about the latest industry regulations and trends. Additionally, you will want to find out if the provider offers additional services, such as fleet tracking and management.

It is also important to make sure that the provider is reliable and committed to delivering quality services. You’ll want to look for a provider that can deliver on-time and provide consistent customer service. Finally, you’ll want to make sure that the provider offers competitive pricing.

Make the most of your outsourced fleet services

Once you have chosen the right provider, there are a few tips to help you make the most of your outsourced fleet services. First, communicate clearly with your provider. Make sure to provide detailed instructions and feedback, so that the provider can deliver the best services possible. Additionally, be sure to monitor the progress of your fleet services regularly to ensure that you are getting the most out of your provider.

It is also important to establish a good relationship with your provider. Make sure to keep lines of communication open and provide feedback and guidance to ensure that your provider is delivering the best services possible. Finally, be sure to keep an eye on costs and make sure that you’re getting the most value for your money.

If you are looking to outsource fleet services, then get in touch with us today to find out how we can help. We offer a range of services, from maintenance and repairs to fuel management and logistics, to help you manage your fleet more effectively and that will help you manage your vehicle fleet efficiently.

Top 15 Trends in Commercial Fleet Management

Posted on January 28, 2020 by fmsupadminnxtjs

Fleet management is the function of companies depending on transportation for their business to organise and coordinate their vehicles to improve efficiency, reduce costs, provide better services, reduce risks associated with vehicles, all while having 100% compliance with the government regulations.

With the emergence of e-commerce, the efficiency of fleet management has become all the more important. Even though the concept of fleet management has been around for a very long time, new technology has made it more simple and organised.

Managers have found ways to use the technology to their greatest advantage thus making them the top trends in commercial fleet management.

The main objectives of commercial fleet management are:

Efficiency
Minimisation of operational cost
Maintain vehicles
Increase safety
Coordination

Improvement in technology available to fleet managers makes all this possible as long as they know what technology is best suited for their operations and how to derive the most benefit out of it.

Some of the top trends in commercial fleet management are as follows:

1. Increased Use of Telematics

Telematics has become the basis of modern-day fleet management. It is a combination of telecommunications and informatics that managers use to monitor their vehicles using GPS and other navigation systems.

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Any information about your vehicle is available in real-time. Insight into the driving pattern and behaviour of the driver, engine maintenance, spare part inventory, fuel economy, estimated arrival time, etc. can all be obtained through telematics.

With the help of this technology, the cost of operation is reduced as fleets are being managed more efficiently and vehicles are utilized optimally.

2. More Reliance on Data

The trend of using data in fleet management has been around for several years now and it is growing more prominent every year. Managers collect data points, analyse trends and make well-informed decisions.

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This allows fleet managers to take a proactive approach towards their operations. Data gives them an insight into things like the best routes to take, what time to take those routes, predictive maintenance analysis, driver behaviour, climatic conditions, etc.

3.Autonomous Truck Technology

Autonomous trucks or self-driving trucks are the newest trends in commercial fleet management. It has gained a lot of attention in the past few months.

Instruction on how to use autonomous vehicles and details about these vehicles can be obtained by contacting popular technology companies like Tesla and Waymo. Many fleet management companies are planning to include more autonomous trucks in their fleets.

Latest car technologies like vehicle to vehicle communication and forward collision avoidance algorithm systems can help improve road safety. Even though there are still some safety concerns regarding autonomous vehicles, it is already being advertised as a safer alternative to traditional driving.

4. Video Analytics

Video analytics helps in monitoring the behaviour and health of truck drivers in order to reduce accidents. Unnecessary fuel consumption can also be minimised. It is one of the most popular trends in commercial fleet management and logistics industry now.

To install video analytics, onboard computers with 4G and GPS, Internet Protocol (IP) cameras, accelerometer and visual analytics software is required.

5. Advanced Driver Assistance Systems

Advanced Driver Assistance Systems, more commonly referred to as ADAS, are artificial intelligence-based systems that are installed inside vehicles to assist the driver in a variety of ways.

These systems can identify different environmental conditions and driver behaviour and make necessary adjustments to ensure safety. It can also help drivers adjust to different traffic signs; avoid pedestrians, obstacles and other dangers.

6. Dash Cam Monitoring

Most of the accidents on the roads happen due to distracted drivers who are either using their phones, eating something, talking to passengers or even dozing off. Dashcams (dashboard camera) are used to monitor drivers so that such distracted behaviour does not occur.

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A single accident can cause a huge loss to a fleet management company in the form of loss of reputation, compensation, insurance and other legal costs. The presence of dash cams in vehicles makes drivers more responsible and in a great way help in the safety of everyone on the road.

7. Predictive Maintenance System through IoT

Telematics has helped managers to maintain their vehicles proactively but with the emergence of IoT, predictive maintenance is taken to a whole new level.

Things that are not noticed externally like when the components of the vehicle is overheated or when the engine is likely to fail are sensed by the IoT sensors and drivers are alerted about it.

Regular services of the vehicle and fixing problems before the entire thing fail reduce operation costs and helps the vehicle last longer in its best conditions. The cost of replacement of vehicles in case one fails is also no there.

8. Employee Recruitment and Retention

Hiring and retaining skilled workers is a huge task for fleet management companies especially since the labour supply has reduced.

There is a huge demand for workers with necessary skills and since they are very rarely available, companies make big offers to attract them, putting smaller companies at a huge disadvantage. Talent is taken away by the bigger companies by providing attractive incentives such as signing bonuses, performance bonuses and professional development training.

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Retaining employees is also another important task for them and for that the employees have to feel involved and there should be a certain level of transparency in the management to build loyalty.

9. Transition to Synthetic Motor Oils

The use of synthetic motor oil in place of traditional mineral-based motor oil is increasing as synthetic motor oil has fewer impurities and robust additives making it last longer.

It does not break down as fast as mineral-based motor oils and retains its viscosity for a longer period. Synthetic motor oils help to reduce tailpipe emissions and maintain corporate average fuel economy standards.

Synthetic oils allow increasing the gap between predictive maintenance intervals. Even though the cost of the oil is higher, a transition to it reduces the maintenance costs of the vehicle.

10. Focus on Risk and Safety

One of the major concerns nowadays is the safety of fleets and avoidance of risk. Fleet managers everywhere are focusing more on safety precautions so that their vehicles and drivers, other vehicles on the road and the pedestrians are always safe.

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This is a major concern and great emphasis is put on hiring competent drivers who will abide by the company regulations and observe safety procedures.

11. Use of Electric Vehicles

More and more fleet managers are now showing interest in electric vehicles for their fleets. Plans for adopting electric vehicles are slowly gaining momentum.

Electric vehicles are better for the environment as it reduces carbon emission. Fleet managers are getting interested in electric vehicles because of the elimination of fuel costs and a decrease in repairs.

Electric vehicles may replace conventional vehicles in intermodal ports, last mile delivery trucks and other short stop trips. The one major obstacle to adopt electric vehicles is the lack of charging infrastructure. Ports for charging the vehicles also have to be set up in order for the adoption to be effective.

12. Mobility as a Service (MaaS)

Mobility as a service is a shift from personally owned vehicles to mobility offered as service. Modes of transport are offered to customers based on their individual preferences.

This is usually seen in services like Uber, Ola and Lyft. However, this trend is now being spread to truck fleets also. Usually, fleet managers have their own trucks and use it for their services only.

But nowadays different fleet managers are pooling their vehicles to provide the best service according to the needs of the people that employ them. Different companies are sharing their vehicles to provide a variety of options for their customers.

13. Increased Use of LED Lighting

Fleets usually used strobe lighting in their service vehicles. But nowadays, there is an increasing trend of using LED lighting as brake lights, turn signals and emergency lights. LED lights are being used more because of their long lifespan, ease of installation and increased intensity.

14. Implementation of Radio Frequency Identification Tags

Radio Frequency Identification Tags are a type of tracking system using radio waves. This is used to identify and track inventory and assets.

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The cost of implementing and using RFID tags is getting lower with improvement in the technology making it very cost-effective. An advantage of RFID tags is that it reduces the amount of lost cargo resulting from pilferage.

More fleet managers are using RFID tags to keep track of the cargo that is transported in their vehicles.

15. Leveraging Technology to Manage Fleet Costs

When so many advanced technologies are available to the managers, it is their duty to make use of these technologies to the maximum extent so that the cost of operation can be reduced.

First of all, telematics makes fleet management an automated process, thereby reducing the time spent on manually updating their database and reducing the risk of errors. There is also a reduction in costs as the number of employees can be reduced.

IoT and telematics help in properly scheduling predictive maintenance of the vehicles thereby reducing the risk of sudden failure of the vehicle and eliminating the cost of replacing the vehicle.

Insurance rates are increasing steeply nowadays. All fleets have to have an insurance policy. With the help of dashboard cameras and video analytics, driver behaviour can be observed to reduce risks and decrease insurance premiums.

Conclusion

The Fleet management industry is developing every year as newer technologies are introduced. With an improvement in technology comes greater competition. Identifying and following the trends of the industry can help managers stay ahead of the competition.

Discussed above are the top trends in commercial fleet management that managers use to make their operations more efficient and organised. Nowadays, following traditional methods of fleet management will get you nowhere.

Regulations enforced by the government keep on changing and everyone is in a race to find ways to comply with these regulations while increasing their business also. Managers have to choose the technology they think is best suited for them and use it in their business to help them succeed.