Preparing a fleet budget requires only three easy steps: develop your cost assumptions, determine line-item expenses, and correct the variances between budgeted and actual costs.
Fuel costs remain “public enemy No. 1” for fleet managers. Fuel continues as the single largest, and, by far, most variable expense related to fleet vehicles. Here are five tips fleet managers can implement right away to reduce fuel costs.
Fleets are adopting compensatory strategies to offset high fuel costs. These include selector modification, revised vehicle specs, increased personal use charges, streamlined fleet operations, and modification of driver behavior.
It’s easy to forget the tried-and-true strategies that keep costs down. Focusing on the basics saves money and leads to fleet management success.
Nearly every function of fleet vehicle management requires a decision dependent upon accurate odometer reporting. Utah’s Division of Fleet Operations employs a proactive approach to ensure correct mileage data.
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