Fleet Financials Magazine - January/February 2017

COVER STORY: * Best Practices in Fleet Benchmarking * *

Read on to find:

* Measuring Fleet Effectiveness (COVER STORY) - Fleet audits or benchmarking can give a clear picture of what a fleet operation is doing well while identifying areas where improvements can be made.  The key to success is good data.
* How to Use the RFP Process to Select the Right Supplier - By planning ahead and having a strong vision of its goals, a fleet can use the request for proposal process as a way to enhance operational effectiveness out of the box.
* How Fleets Should Handle Liability Exposure - The best practices to limiting liability exposure begins with a good driver screening process and continues all the way to how drivers handle themselves in the event of an accident.
* Chasing Pennies: Turning Saved Pennies into Saved Dollars - It has been said that a fleet manager's cost-saving focus should be on the two largest expense categories: depreciation and fuel.  But once that has been done, where does a fleet manager look for additional cost reductions?
* Zen & and the Art of Fleet Management: Balancing Cost Reduction With Productivity Gains - Reduce costs?  "Why that will hurt productivity."  Increase Productivity?  "That costs money."  Is this true?  Here's how fleet managers an achieve Zen-like balance between cost reduction and increased productivity.

* WEX Identifies Fuel Overspending by Industry - Fuel is the second biggest cost center for fleets behind depreciation, and data recently collected by WEX shows that fuel overspending is rampant across industries.


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Fleet Financials Magazine - January/February 2017