Real-time asset data is viewed as the most critical information in effectively managing fleet operations, according to recent findings from a GE Capital Fleet Services’ survey. More than half (56 percent) of those polled said the ability to track metrics, such as miles driven and fuel consumption, are key to their operations.
In addition, productivity metrics, which include tracking travel time and the number of jobs or deliveries per day, are seen as helpful for managing fleets by 26 percent of the respondents.
When asked what their number one concern is, responses were mixed amongst the 51 fleet managers polled at the annual NAFA Institute & Expo in New Orleans. Meeting cost-cutting goals was of highest concern for 28 percent of respondents; 28 percent cited ensuring high workforce productivity and 26 percent named volatile fuel prices.
When considering the area in which their service providers supply the most value, fleet managers cited improving overall efficiencies and providing cost savings, at 40 percent and 36 percent, respectively.
Finally, the progressive movement toward businesses going green and reducing impact on the environment is currently a leading program among fleet managers, with almost 75 percent of respondents saying that their strategy currently includes a green initiative.
“In the midst of the downturn, fleet managers understand they have an opportunity to support overall business objectives by being mindful of cost while continuing to think strategically about the operation of their fleets,” said Clarence Nunn, CEO of GE Capital Fleet Services. “We continue to provide customers with in-depth data and analysis to help them make smarter business decisions and maximize their return on fleet investment.”