Introduction

Fuel is one of the most expensive expenses for fleets and in fact it is said to be the second largest expense trailing, according to multiple surveys. Although fleets cannot control the price at the pump, they may drastically reduce the quantity of fuel consumed. Any firm that runs a fleet of automobiles has been demanding improved fuel efficiency since average fuel prices have been more volatile in recent years.

Companies like transportation and logistics firms whose physical operations drive the economy are particularly feeling the pressure. Fleet managers must actively seek out ways to get the best fuel mileage possible, in efforts to save operational expenses and prevent supply chain disruptions occurring all around the world. According to the fuel statistics in Malaysia, the reading shows a steady increase in the price of fuel from 2017 to 2022.

Fuel is necessary for running a fleet and is an ongoing expense, therefore it makes sense why fleet operators are feeling tensed. However, this does not imply that fuel costs cannot be managed, rather organizations are able to make systematic, observable improvements for their fleets because of technology and strategic planning. Organizations can control fuel costs when changes are made at the fleet level, possibly leading to a fleet that is more fuel-efficient.

Why Do I Need a Fuel Management System for my Fleet Operation?

When running a fleet of hundreds or thousands of vehicles, even a small improvement in fuel efficiency can have a major financial impact. Operational modifications to enhance fuel economy may appear cumbersome or even negligible on a per-vehicle basis. Here are some strategies to help your fleet use less fuel.

1. Control fuel costs and minimize consumption of fuel

Fleet managers can have a clearer view of fuel data thanks to the fuel management system that TrackVision has to offer. You have the benefit of being able to manage any place that has to be saved as well as monitor every detail of fuel transactions and usage. Fleet managers will comprehend fuel purchases better and act as necessary when necessary.

2. Prevent fuel theft and leakage

Fleet managers can keep a close eye on fuel activities thanks to real-time reports on the amount of fuel in any vehicle. Sending notifications to fleet managers in the event of theft or leakage is one of our platforms’ functions. With regular monitoring of gasoline consumption, the rate of theft or fraud is estimated to have been reduced.

3. Encourage safe driving practises

Impulsive driving is well known to consume a lot of fuel, but what frequently causes quick acceleration? Instead of speeding up only to brake, drivers should ease off the gas early and coast, especially on highways and stop-go traffic where chances to reduce fuel economy are by 25%. Coaching drivers to minimize harsh braking and harsh acceleration can help reduce fuel use. Fleet managers can encourage safe and fuel-efficient driving among drivers by engaging in fuel management practices which benefits a safer road journey as well as lower consumption of fuel.

4. Vehicle Maintenance

Over time, keeping fleets in good condition can save fuel expenses by an average of 5%. Features that alert fleet managers when cars need maintenance are adjustable using the TrackVision platform. Through a thorough dashboard, it also detects when fuel usage is impacted by prospective maintenance issues. Other aspects that can improve fuel economy and reduce fuel costs includes routinely checking tyre pressure and wear, replacing fuel filters as needed, and maintaining properly aligned axles to reduce rolling resistance.

Conclusion

Fuel management is a time-consuming process that consistently causes fleet managers stress and headaches in addition to driving up operating costs. A fuel management system provides fleet managers with access to vital information, trends of fuel consumption, and improved cost management. This automated and digital solution is appropriate for fleet owners who want to see a desirable decrease in fuel expenses. Utilize TrackVision to start saving right now.