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Cost Reduction

Balancing Cost Reduction with Productivity Gains

Reduce costs? “Why, that will hurt productivity.” Increase Productivity? “That costs money.” Is this true? Here’s how fleet managers can achieve a Zen-like balance between cost reduction and increased productivity.

Procurement and Fleet Don't Speak the Same 'Language'

Until the emergence of strategic sourcing in the 1990s, procurement did not hold the same prominence within corporations as it does today. Nowadays, procurement plays a pivotal strategic role. Procurement is now the new engine of change in fleet management, which has resulted in dramatic changes in the fleet purchasing and supplier selection process.