Fleet Savings Summary
Driver behavior is tough to manage without the right tools. The Fleet Savings Summary Report highlights your fleets top five most valuable drivers and bottom 5 which are your top five coaching opportunities. These drivers represent the fleet’s most costly drivers, and therefore represent the best bang for your buck driver coaching opportunities. Driver behavior is critical to the safe operation of your vehicles and is a key area where risk is managable.
Proactive management is key. Aberdeen Group reports that top performing organizations are 96% more likely than their peers to utilize technology that alerts management, and the driver, of exceptions being made (i.e., speeding, harsh cornering, etc).
Driver Behavior & Telematics Data
Today’s fleet managers are under extreme pressure to manage their fleet costs despite deteriorating economic conditions. These costs include the procurement and disposal of the vehicles, fixed and variable operating costs, labor costs, as well as collision and insurance claims.
Using telematics data, fleet managers can discover new cost savings opportunities across their entire fleet. By pursuing these savings opportunities, a fleet manager can reduce their COI, improve their fleets operating efficiency, and grow their bottom line. Conversely, managing a fleet without a telematics platform is likely to result in higher costs and poor visibility for improvement.
Telematics and the Fleet Savings Summary are valuable tools that fleet managers should use to better understand and proactively manage their vehicles and drivers, and ultimately run a more profitable fleet.
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