Data is the greatest asset for any fleet manager looking to optimize or streamline operations. With fleet management software, you can track all kinds of data across the gambit of your fleet. Whether you’re worried about safety, efficiency, maintenance, or something else, you will be able to track data to find out what you need to know with fleet management software. Let’s highlight KPIs that might help you discover the data you need.
No. 1: Budget Adherence
Are you looking at revamping your fleet budget? Do you find that you need help staying within it? The first step in making any budget changes is being able to measure your costs. Fleet management software helps you by tracking:
- Total cost per mile
- Fuel expenses
- Optimal vehicle replacement
- Parts and labor costs
- Taxes and registration
Generate reports on any of these benchmarks to see where you can cut back.
No. 2: Fuel Costs
We know that fuel can be a fleet’s greatest cost. If you found that your fuel expenses were high when you looked into your budget, now is the time to find out why. And yes, fleet management software can support you here as well! Some aspects you’ll want to track if fuel is a concern of yours include:
- Idle time
- Route efficiency
- Maintenance (particularly on tires)
For example, if your drivers are idling more than necessary, implementing policies to cut down on idling will save you significantly at the pump.
No. 3: Driver Behavior
Driver safety is a top concern for every fleet manager. We’ve mentioned that you can track elements like speeding and idle time, but there is so much more driver behavior you can monitor as well. You can start by looking at the number of safety incidents each quarter and what type of incidents they were. When you know what behaviors are problematic in your fleet, it’s easier to focus training on eliminating them. Some driver behaviors you can track include:
- Distracted driving
- Harsh braking
- Hard cornering
No. 4: Maintenance Management
Maintenance can be a considerable cost for your business and, if not managed properly, can even put your drivers in danger. You can use fleet management software to track maintenance needs as well! Look at your repair turnover rate to see the efficiency of your technicians. You can also track which vehicles are having which issues. Knowing this information will help you implement preventative maintenance so you don’t have to worry about breakdowns again.
No. 5: Compliance and Inspections
Maintaining federal and state compliance is crucial for fleets. The fees levied for noncompliance can be disastrous for your business. Your drivers can use fleet management software to upload the results of their inspections and record their hours with ease. This information is crucial in avoiding DOT fines and keeping your fleet safe.
Azuga is an All-In-One Solution
Azuga’s fleet management software supports your business in all aspects of fleet management. Any of the KPIs mentioned here can be tracked with the click of a button, along with dozens of other features. What are your goals for your fleet? Schedule a demo with one of our experts, and we can discuss how to help you accomplish them.