Effective fleet management requires you to understand some important metrics. Mastering will help you actively control the fleet situation, and the progress of order fulfillment, thereby optimizing the transportation management process.
Meksmart has researched and derived six important metrics that you should know to be able to manage your fleet effectively as follows.
Metrics for effective fleet management
1. Fuel cost
One of the criteria to evaluate the effectiveness of fleet management is the level of fuel use as well as the cost per kilometer. This data allows you to assess the need to train drivers with fuel-saving skills while driving.
2. Kilometers traveled
All vehicles require maintenance to optimize fuel availability. To do that, you will need to perform periodic maintenance so that you can closely monitor the condition of your fleet.
To be able to set up a suitable maintenance schedule fixedly and periodically, you should record the number of kilometers traveled by each different vehicle. In addition, you can apply a transport management system solution that integrates the function of automatic data collection on the number of kilometers to remind you of the maintenance period.
3. Maintenance time
As you probably know, the longer the vehicle maintenance time, the greater the cost of interruptions. Therefore, you should record the date of maintenance and completion.
4. Test results of the means
Besides maintenance time, you also need to monitor the vehicles regularly after each journey. From there, you can know what the fleet status is and promptly detect the problem if any to solve it.
This data also helps you avoid unexpected damage to your car when making the journey, affecting your business.
5. Supplies in stock
One of the other important metrics is the number of supplies in stock. This will help you always meet the needs of your fleet, avoid heavy damage, and increase your costs.
To be able to know the number of supplies in stock, you need to monitor the data as often as possible with the help of a transportation management system.
6. Fleet utilization performance
Managing the movement data of everyday vehicles will help you know which vehicles are rarely used. From there, you can propose solutions such as liquidation needed.
Or in case, the vehicles are being overused, you will actively calculate the purchase plan to ensure that your transportation needs are well met.
Epilogue
The above are six important data related to effective fleet management. Hopefully, the article provides you with useful information related to the above topic.
Read more: Why do use transport management system?