The current financial and economic climate is continually requiring companies to look at ongoing cost cutting measures. Your fleet management efforts have already resulted in a cost-optimized fleet. But, corporate targets are once more pressuring you to lower the TCO of your fleet. If you recognize this, here are three effective, next step cost saving measures that will cut fleet costs, not service levels.
Welcome to Global Fleet Insights; a blog developed and managed by LeasePlan International. Our blog, which focuses on all aspects of international fleet management, is designed to be a platform for the sharing of developments as well as best practices in international fleet management.
Following previous benchmarks for the Technology Industry and the Consumer Goods Industry, we are pleased to share with you LeasePlan’s latest benchmark on the Services Industry. With benchmarking, organisations evaluate various aspects of their company car policy and fleet processes in comparison to industry peers. This allows organisations to develop improvement plans or adapt specific best practices, usually with the aim of increasing the performance of the business. Benchmarking may be a one-off event, but is often treated as a continuous process in which organisations continually seek to improve their practices.
We are often asked by our clients: which fleet management approach is the best for fleet in developing markets? Most times, based on our experience, we can say there is no ‘one size fits all’ solution. Yes, standardisation and harmonisation are possible to some extent, but we’ve found that it’s essential to keep in mind that every country or region has its own dynamics, driven by cultural differences, tax regimes and political forces.
Modern vehicle telematics technology offers unprecedented visibility into all kinds of important fleet metrics – providing data-driven insights to help make smarter fleet decisions. Here, we explore 5 ways telematics technology can help you uncover new business value in Global Fleet Management.
Say ‘Total Cost of Ownership’ and most people think fuel costs, maintenance costs and taxes. Fact is, there are costs that are less top of mind, that at the end of the day, all add up to the total costs of owning and operating a vehicle. Depreciation is one such cost often forgotten despite the fact that it is the biggest spend for a vehicle. And what about roadside assistance, damages or interest costs? What percentage are they of your total costs? And are costs the same in the countries in which you operate?
The first autumn leaves on the trees means only one thing to those of us whose pulse raises at the sound of an engine revving up – the next motor show is coming. Since 1898, when it marked its place in history as the first motor show in the world, ‘Mondial de l’Automobile’ has hosted hundreds of exhibitors, thousands of journalists and millions of visitors in its halls in Paris. The last edition alone welcomed over 1.2 million people eager to see what’s new in the automotive world. This year seems to be no different. Despite vehicle manufacturers like Ford, Mazda and Volvo not presenting their products, the event delivered dozens of premiers focusing on new technology, connectivity and green powertrains.
IAA Commercial Vehicles is the world’s leading trade fair for mobility, transportation and logistics. It is the sister show to the IAA Cars held in Frankfurt and takes place every other year. The event has a history going back more than 100 years. The 66th instalment’s theme of ‘Driven by Ideas’ focuses on forward thinking topics including connectivity, automated driving, alternative power trains and digitization.
Organisations across the globe are under pressure to demonstrate a responsible, sustainable approach to fleet management. But taking control of emissions is easier said than done if you don’t have the right tools in place. In the latest in our series of posts on the 8 sources of Global Fleet Management we look at how to keep emissions – and costs – under control.
The way your drivers behave can have a huge impact on your fleet costs, from fuel consumption to insurance premiums. So what exactly can Global Fleet Managers do to help drivers behave in ways that reduce carbon emissions and fleet expenses – and enhance the safety of all road users?
When two companies work together in a true partnership, everybody wins. In the latest in our series of posts on delivering greater business value in Global Fleet Management, we look at the critical importance of a mutually beneficial relationship with your supplier – a relationship that’s based on transparency and trust.