Fleet Financials – Issue

May 2009

Cover Story
Fleet Executive Helps Streamline Uniform and Career Apparel Fleet
By Cheryl Knight

Satish Natarajan, senior director of Fleet Operations for ARAMARK Uniform and Career Apparel, is Fleet Financials’ 2009 Fleet Executive of the Year. Natarajan’s leadership helped his company better leverage people, processes, and technology.

Features

Fleet Executives & Managers Partner to Control Costs and Productivity Wayne Smolda (right), CEO of The CEI Group, presents the 2009 Fleet Executive of the Year trophy to Satish Natarajan, senior director of fleet operations for ARAMARK Uniform and Office Apparel. CEI is a sponsor of the annual award, this year presented April 26 at the NAFA I&E in New Orleans.

By Cheryl Knight

According to Wayne Smolda of The CEI Group, fleet executives continue to help mentor and guide fleet managers, promoting policy streamlining and strategic initiatives.

Evaluating RFPs: Choosing the Best Supplier

By Staff

Effective use of a formal request for proposal (RFP) can help fleet managers ensure they’ll select the best supplier. The process begins before the RFP is even sent out.

7 Questions to Ask Before Issuing an RFP

By Staff

Going out to bid for fleet services isn’t an end unto itself; nor is it a process to just “see what’s out there.” Don’t waste your or a supplier’s time. Ask these key questions before sending out an RFP.

5 Common Mistakes in Negotiating a Fleet Lease Agreement

By Staff

Fleet managers are wise to read the entire lease agreement and familiarize themselves with the terms and conditions under which they will be doing business. For it is the business side that impacts the fleet manager most.

Fleet Management: Stepping Stone to Career Advancement

By Staff

Few management positions are better suited to moving up the career ladder. Fleet management contains all the key elements of responsibility and experience the company looks for in an up-and-coming manager.

2009 Volvo XC90 Offers Exec-Level Features

By Grace Lauron

Staying true to the Volvo brand’s reputation, the XC90 provides safety, durability, and functionality in a comfortable, refined package.

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Coach’s Blog

Ed Bobit
Puzzling Thoughts On Compensation vs. Education

By Ed Bobit
While I'm a distance from being called an academic, I've always felt that education is the road to professionalism; and that professionalism leads to increased compensation. There are many variables, but my recent re-review of the salary surveys that we conduct raises some interesting questions.

Comparing the CFO With the Fleet Manager

By Ed Bobit

Market Trends

Mike Antich
Fleets Reassess Amortization Rates

By Mike Antich
In the commercial fleet industry, the most common amortization rate used for establishing a depreciation reserve is 50 months. Recently, some major fleets extended amortization rates on new-vehicle orders.

Maintenance Costs Up Due to Frequency of Repair Increases

By Mike Antich

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Special Finance - May 2009

In This Issue:
Make Your Move. Service Clinics Drive Traffic, Collections – The New Strategic Imperative and much more…