Fleet Cost Management

Know Your Costs Like the Palm of Your Hand

What is your fleet’s current cost per kilometer? The answer varies based on how you calculate it. Using the average costs of the last three months will yield a different result than using the last 12 months.

Should you use a conservative or aggressive calculation when bidding on a tender? The first is safer, but the latter gives you a better chance of winning. With Inno Fleet, you can confidently determine the most accurate and strategic cost figures for your fleet.

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Benefits

Reduce Fuel Costs:

  • Track fuel consumption per vehicle and identify areas for improvement.
  • Monitor driver behavior for excessive idling or harsh acceleration.
  • Optimize routes for shorter distances and less traffic congestion.
  • Minimize Fines:
    • Get alerts for speeding violations and enforce safe driving practices.
    • Track driver adherence to maintenance schedules to avoid breakdowns and fines.
    • Reduce unauthorized vehicle usage outside designated work zones.
  • Improve Driver Behavior:
    • Promote a culture of accountability with real-time monitoring.
    • Encourage fuel-efficient driving techniques for cost savings.
    • Reduce wear and tear on vehicles, extending their lifespan.
  • Gain Insights:
    • Access detailed reports on cost breakdowns, fuel usage trends, and driver performance.
    • Identify areas for cost reduction and operational inefficiencies.
    • Make informed decisions based on real-time data and historical trends.
  • Track Trends:
    • Monitor key performance indicators (KPIs) like cost per km, fuel consumption, and driver behavior over time.
    • Analyze trends to identify patterns and make proactive adjustments.
    • Benchmark your fleet performance against industry standards.
  • Make Data-Driven Decisions:
    • Eliminate guesswork from fleet management with accurate and reliable data.
    • Optimize resource allocation based on real-time needs and demands.
    • Streamline operations for improved efficiency and productivity.
  • Monitor Costs:
    • Track all fleet-related expenses in one centralized platform.
    • Get real-time updates on fuel costs, maintenance fees, and other expenses.
    • Identify and address cost overruns promptly.
  • Fuel Usage:
    • Monitor fuel consumption in real-time for individual vehicles and the entire fleet.
    • Detect potential fuel theft or unauthorized refueling activities.
    • Optimize fuel deliveries and avoid unnecessary stockpiling.
  • Location:
    • Track the location of all your vehicles on a live map for complete visibility.
    • Improve dispatch efficiency by knowing the nearest available vehicle.
    • Ensure driver safety and optimize route planning.