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10 KPIs Every Fleet Manager Should Track
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Fleet management involves the management of vehicles to ensure smooth and efficient planning, coordination, and execution of movement. The success of the supply chain process relies on a strong and continuous network of vehicles. Fleets bridge the physical gap between supply and demand, making the exchange of goods as seamless as possible.
Fleet managers not only look into each vehicle, but they also look into the whole system of vehicles and their operations. Fleet sizes and modes of operation will vary across businesses. The general idea for an effective fleet is to maximize performance in three key categories – safety, efficiency, and compliance.
What Safety KPIs Should I Track for my Fleet?
The three points mentioned above are some of the most commonly used safety metrics and some of the easiest to measure too. Most of the metrics that aim to measure safety describe driver behavior on and off the road. These safety metrics further extend to describe the roadworthiness of vehicles. For example, fleet managers often conduct routine safety inspections to avoid road incidents.
What Efficiency KPIs Should I Track for my Fleet?
Using up to 4 million miles of road, the trucking industry understands the importance of maximizing their fuel to go the distance. These efficiency KPIs aim to track the income that is being generated against the cost of fuel. The goal is to reduce empty miles (i.e. miles traveled without generating income) and to increase the productivity of each asset.
What Compliance KPIs Should I Track for my Fleet?
There should be a balance between maximizing productivity and complying with safety standards. Property-carrying and passenger-carrying drivers have respective hours of service (HOS) regulations to comply with. These need to be accounted for when planning out dispatch schedules.
As an additional KPI, some businesses are also identifying the importance of an on-time delivery metric. This is especially applicable for companies that provide delivery guarantees. Other similar KPIs can also be used to describe the service level that is being provided to customers.
What are the Benefits of Using a CMMS for Fleet Management?
A CMMS program will help you keep track of each asset more accurately. By knowing which units are available, you can more efficiently distribute work schedules. UpKeep CMMS, for example, even enables access through mobile devices to keep you informed with real-time data wherever you are.
Integrating a CMMS into your fleet management system will help you maximize assets that you already have. Ensure the continuity of your operations by keeping each part of your fleet network proactively maintained and serviced.