Technology

Fleet management software

Fleet management software
© Shutter81, image #50879302, 2017, source: Fotolia.com
Resources:
Materials, Carbon
Sector:
All sectors, Waste management and recycling
Investment cost:
Medium cost
Payback time:
0.08 - 0.5 Year(s)
Cost savings:
8 - 25%
Resource type:
transport fuel
Resource saving:
Fuel saving is the main benefit, but improved driving and optimised routing can also extend vehicle life (and its components)
Investment cost:
3500 - 4200€ / € 3 500-4200 annual subscription fee per 10 vehicles (based on € 30-35 per vehicle, per month); one-off hardware costs may also apply (i.e. € 100-600)
Payback time:
Savings observed in the first month which offset the software fees
Assumptions taken in the presentation of the above performance indicators:

Data based on annual costs and savings achieved upon adoption of fleet management in an organisation operating 10 trucks

Fleet management software helps organisations (public and private) streamline operations relating to their fleet of vehicles, from vehicle acquisition through maintenance to disposal.

The main function of fleet management software is to gather, store, process, monitor, report on and export fleet-related data. Information can be imported from external sources, such as vehicle registration data, insurance, finance and tax data, mapping and location systems, and vehicle-specific metrics.

For example, the software can help record and analyse driver and vehicle details, track procurement costs, schedule maintenance and servicing, monitor fuel consumption, and measure overall fleet performance via reports and charts. It is therefore an important tool for achieving energy-efficient transportation and optimised cargo-handling.

Benefits include the ability to reduce vehicle idling, fuel consumption and related costs, which boosts revenue per travelled kilometre or trip. Other advantages include optimised cargo and volume per single delivery and better oversight of vehicle payloads, maintenance and general operating costs.

As a result, the software can generate long-term cost-savings, reduce delivery and transportation times, reduce resources including energy and manpower, while increasing the organisation's sustainability, information, transparency, and service levels which, in turn, raise customer satisfaction.

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