What Is Fleet Management?
- A series of processes that allows organizations to see and manage all information associated with their vehicles, from acquisition through to end of life
- As technology has advanced, more businesses have turned to fleet management to provide better visibility into vehicle utilization, improvement in maintenance planning and management of the total cost of ownership
- Fleet management undertakes all the actions that need to take place to keep a fleet running efficiently, on-time and within budget
- It is the process used by fleet managers to monitor fleet activities and make decisions about proper asset management, dispatch & routing, vehicle acquisition & disposal
- Fleet management enables companies to manage the entire fleet operation, resulting in controlled costs, maximized profitability, improved fleet efficiency and fleet-related risk mitigation
- Fleet management provides a solution that assists in organizing, managing and coordinating fleet operations from a centralized information system
- Fleet management uses connected technologies to enable data and information flow between fleets and their back-end systems, which is accessible by fleet owners and managers