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Fleet FAQ? Fuel Management

Q. What kind of tools do you give fleet managers to optimize fuel consumption?

February 12, 2018

by - Also by this author

A. We start off with basic levels of consumption: usage, trends, when they’re buying, where they’re buying. Then we’ll drill down a bit deeper to say: within a given geography, how did you buy against that area? Within a 3-mile radius where you were buying, did you buy at below-average or above-average prices? And we give them a scorecard based on that.

Then we give them tools to say: Instead of going to this location, you could go to that station over here and save 6 cents a gallon. Here’s the potential saving you could make. And then we benchmark that and track it each month. And we show them how they’re doing against their projected savings.

Author Bio

Bernie Kavanagh

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Senior Vice President and General Manager

A 27-year fleet professional, Bernie Kavanagh currently serves as Senior Vice President and General Manager of Large Fleet at WEX Inc. He joined the company in 1996 and his career has been a steady progression of increased sales and marketing responsibility. Kavanagh serves on industry related boards and is a frequent speaker at payment industry conferences focusing on fuel trends and technology in the payment space. He earned a bachelor’s degree from the College of New Jersey and is an active member of NAFA, AFLA, NCSFA and AALA. Prior to joining WEX, Kavanagh held a number of roles with Enterprise Rent-A-Car and Enterprise Fleet Management.


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