The Agile Fleet

Insights, ideas, & expertise for optimal fleet management

Wondering how to cut costs by looking at your fleet metrics? Here’s what you could achieve.

Posted by The Agile Fleet on December 04, 2019

Agile Fleet President Ed SmithRight-sizing your fleet isn’t something that can happen overnight. But it can happen, and with the help of a closer look of your fleet metrics, your savings will be significant. Here is a look at cost-cutting initiatives you could achieve, the fleet metrics you will need to achieve success, and our estimated savings per vehicle.

Fleet Metrics Table

Concerned you don't have the 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 FMIS systems 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 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.

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Topics: Utilization, Fleet Metrics, Right-sizing

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