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Big Data and Advanced Analytics will Further Intertwine Procurement and Fleet

Looking ahead, how will procurement and fleet evolve in the future? My prediction is there will be market forces (both internal and external), along with technological enhancements, that will facilitate a much closer collaboration between the two disciplines using a combination of in-house and outsourced expertise. READ MORE

Five Technology Trends that will Disrupt Global Fleet Management

In many ways, innovations in consumer technology are outpacing innovations in corporate technology. With this in mind, it is important to watch how technology is evolving outside of fleet and how it can be incorporated into day-to-day fleet management. READ MORE

Top 10 Traits to Be a Great Global Fleet Manager

A great global fleet manager is a strategic thinker and visionary who has the ability to develop and communicate this vision. There isn’t a single trait that epitomizes a great global fleet manager; rather, it is a multitude of traits interacting with one another. READ MORE

Fleet to be Impacted by Broader Procurement Trends

Just as with fleet management, there are many disruptive changes anticipated in the broader discipline of corporate procurement, much of it technologically driven. Many of these changes will directly impact fleet sourcing decisions. READ MORE

Drivers Aren’t Users, They’re Customers

Some fleet managers have an adversarial relationship with drivers. These internal customers aren’t your nemesis. In order to develop a service mindset, you need to view work from the customers’ perspectives. Define your functions with the customer in mind. The fleet manager is responsible for creating a fleet culture that values all internal customers, even difficult ones. READ MORE

It is Critical to Get Out of Your Office to Assess Vehicle Usage Issues

Many view fleet management as being a desk job, but it is more than that. When trouble-shooting fleet problems, such as increased costs for a particular user group, it is important to identify the root cause, which often requires on-site visual inspection of fleet assets and how they are being utilized. READ MORE

Why the Fleet Manager Should be the Gatekeeper to Procurement

The strategic procurement process typically involves a multifunctional sourcing team. This cross-functional team often designates a “gatekeeper” responsible for controlling the flow of information to the group. When selecting a fleet supplier, I strongly believe the fleet manager needs to be the gatekeeper. Here are the arguments supporting this assertion. READ MORE

Cost Control is Constrained Without Driver Buy-in

The fundamental requirements of your business necessitates minimum fleet equipment specifications that, as a result, pre-define the expense parameters from both a fixed and operating cost perspective. If you acquire vehicle assets that best fulfill your fleet application, then any supplemental cost reduction will only be based on incremental refinements The best way to achieve additional cost reduction is by modifying driver behavior. READ MORE

How Fleets Inadvertently Violate Privacy Laws

There are more than 3,000 federal and state laws and regulations prohibiting unauthorized dissemination or access to employee personally identifiable information (PII). However, employee privacy is sometimes inadvertently compromised by fleets. The reason this occurs is because the PII that was electronically captured by the out-of-service fleet vehicle is not deleted. READ MORE

How to Become a Best-in-Class Multinational Fleet

Change is percolating in the management of multinational fleets, which is being driven by global market dynamics, evolving procurement trends, and technology platform upgrades that are facilitating cross-border management of individual country fleets. Developing the subject-matter expertise of managing a fleet from a global perspective is going to become a core competency for fleet managers at multinational corporations. READ MORE

Tires are a Depreciating Asset: 10 Ways to Slow the Rate of Depreciation

As a wear item, tires are a depreciating asset. Your job, as the fleet manager, is to slow the rate of depreciation. Replacement tires as a cost category are a fleet’s second-largest operating expense, exceeded only by fuel. By maximizing tire tread life, you lower per-mile costs, resulting in fewer premature removals and optimizing the condition of tire casings, allowing for multiple retreads. READ MORE

Employees Using Company Vehicles to Moonlight as Uber Drivers (and More)

A growing number of employees have been caught using their company vehicles as a tool to generate supplemental personal income for themselves.The fastest-growing trend in unauthorized usage of company vehicles is working as an Uber or Lyft driver. But using company vehicles to moonlight goes far beyond Uber and Lyft. READ MORE

Insurance and Energy Industries are Embracing the Use of Drones

When I first read articles about the use of drones in fleet operations, I used to roll my eyes. But, no longer. After talking with many fleet managers, I now believe that drones in commercial applications will have a major impact in a variety of industries. At most companies, drone operations will fall outside the domain of fleet, at least initially. As FAA restrictions are eased, drones will proliferate into mainstream business practices, with the insurance and energy industries in the vanguard READ MORE

Autonomous Vehicles will Create a Radical Paradigm Shift in Vehicle Design

My prediction is that autonomous vehicles will create a paradigm shift in vehicle design, whereby interior design will become the primary brand differentiator in the future. What will drive this paradigm shift is that future autonomous vehicle design will focus primarily on the passenger and not the driver. This will create a tectonic shift in vehicle design with ramifications that will take decades to fully play out. READ MORE

Fleet Strategies to Improve OTD for Upfit Units

With the increasing demand and growth of the commercial truck and van segments – particularly among utilities and service industries – the percentage of upfitted vehicles is growing. Upfitters are feeling the pressure of increased demand. In recent years, the huge influxes of vehicles needing upfitting have left some upfitters, at times, overwhelmed. READ MORE

Six Technology Trends that will Change the Trajectory of Fleet Management

The best way to answer the question of what is the future of fleet is to look outside the fleet industry.Here are six technology trends happening outside of fleet that will have a major impact on the future direction of our industry. READ MORE

The Invisible Cost of Low Driver Morale

There is a direct correlation between high driver morale and high driver productivity. The converse is also true. The hidden cost of low driver morale has a direct bearing on a company’s bottom line. While low morale is an HR/management issue, and even though fleet managers do not control driver salaries, there are actions that fleets can take to help increase driver morale. READ MORE

Expansion of Auto Manufacturing in Mexico Will Create Rail Constraints Impacting Fleet OTD

One of the perennial reasons given for order-to-delivery (OTD) delays is rail constraints. This has been an ongoing issue in the U.S., but, now, with the dramatic expansion of automotive production south of the border, rail constraints in Mexico will begin to play a greater role in fleet OTD discussions. READ MORE

Mobility Management to be Catalyst for Fleet and Corporate Travel Convergence

Some believe that fleet managers will evolve into “mobility managers” in the future. Instead of managing a fleet of vehicles to meet employees’ mobility needs, they will move beyond asset management to manage a broader array of mobility services. These proponents argue that mobility management will create the business case to realign fleet and travel management into a single corporate function. READ MORE

Safety Programs with Monetary Incentives May Encourage Under-Reporting of Incidents

Do fleet safety incentives “dis-incentivize” the reporting of safety incidents, especially if employees are monetarily rewarded for achieving a low rate of incidents? Under the umbrella of these monetary-based safety incentive programs is not just cash or bonuses, but also award merchandise, award trips, paid days off, and upgraded vehicles or availability of driver amenity options. The question is whether they are potentially counter-productive to the intent of fleet safety programs? READ MORE

The Growing Penetration of Crossovers into the Commercial Fleet Market

Crossover utility vehicles (CUV), or simply known as crossovers, represent one of the fastest growing segments in the retail auto industry. Likewise, commercial fleet sales are also reflecting an increased acquisition of crossover vehicles. Today, as a percentage, fleet registrations of crossover models are beginning to mirror the market share found on the retail side of the business. READ MORE

Little-Known Story on What Motivated GE’s Entry into the Fleet Market

As we all know, General Electric (GE) has exited the fleet management industry after a three-decade presence, which started in 1984 when GE Credit Corp. purchased Kerr Leasing, a small family-owned leasing company in Englewood, Colo. What is not well known is why GE entered the fleet management industry in the first place. Here is the prologue or “back story” that was the catalyst to GE’s entry into the fleet business. READ MORE

Spec’ing Trucks to Maximize Productivity

Fleet managers need to view work trucks as earning assets. To maximize the productivity of this working asset, it is necessary to optimize specifications, operating procedures, and replacement strategies. The best way to optimize truck productivity is to spec the right vehicle for the fleet application. This may sound like I am stating the obvious, but, as many truck professionals will attest, it is often not the case in the real world. READ MORE

Long-Term Impact of Longer Truck Replacement Cycles

The more expensive the asset, the longer it is kept in service; however, the need for short-term cost savings prompts some fleets to even further extend cycling parameters and defer replacements. But, what are the consequences? READ MORE

Proper Upfitting Specifications will Decrease Workers' Comp Claims

Under OSHA regulations, an employer must provide a workplace (which includes upfitted work vehicles) free from recognized hazards. Across a variety of vocational segments, today’s fleet managers are devoting increased consideration to ensuring upfits will be ergonomically safe for the driver over the service life of the vehicles. Here's what they are doing to reduce Workers' Comp claims. READ MORE

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Author Bio

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Mike Antich

Editor and Associate Publisher

Mike has covered fleet management and remarketing for more than 20 years and entered the Fleet Hall of Fame in 2010.

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The Insurance Institute for Highway Safety (IIHS) is an independent, nonprofit, scientific, and educational organization that dedicates its efforts to reducing the losses, deaths, injuries, and property damage, from crashes on U.S. highways.

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