Change is constant in the remarketing industry, and 2019 continues to see new trends emerge. Here are four trends that remarketers should have on their mind.
While technology is making vehicles safer, last longer, and be more environmentally friendly, it is also making them increasingly complex. As vehicles become more complex, so do all aspects of vehicle repairs.
Fleet managers should be looking beyond current best practices and toward the steps that they can take to evolve their operations. Technology will play a key role in advancing past current best practices.
Over the years, I have known many competent fleet managers. But, like salmons swimming upstream, not every promising fleet manager survives the challenges and rigors of day-to-day fleet management. It is understandable when fleet managers are fired for making expensive mistakes or when caught engaging in ethical transgressions, but, sadly, many more are terminated for circumstances that are entirely avoidable.
Although fleet management is a relatively new career segment, changes are percolating that threaten to transform it from a career path to a corporate stepping stone. The confluence of three fleet megatrends will be the catalyst fueling this transition.
Hundreds of fleet company executives, supplier partners, automotive manufacturers and Element experts gathered at the 2017 Element Fleet Roundtable in Maryland last week.
In the long run, technology will exert inexorable downward pressure on overall fleet size and will eliminate altogether the need for some fleet vehicles. Despite this, fleet management will survive, albeit in a smaller capacity, and, most likely, in a completely different form than what we know today.
ARI has developed VehicleDowntimeView, technology that uses GPS monitoring and telematics data to measure how long a vehicle is out of service and provide data to manage the reduction of a fleet’s total downtime.
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.
Fleet management will increase in complexity with the pervasive use of technology and emphasis on data analytics. This will attract new employees with different skillsets. Despite what cynics may say, now is the best time to get into fleet management. It is at the corporate crossroads of technology, sustainability, supply chain management, and safety. Fleet will be very attractive to managers because of the exposure to these cross-functional groups and the opportunity for advancement.
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