6 Ways to Use Data to Reduce Your Fuel Spend
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With fuel accounting for as much as 60% of their budget, fleets need to find aggressive ways to combat waste.
While managing fuel costs can be a challenging task that affects almost every area of a fleet’s operation, fleet managers have more access to tools and technology to help them than ever before. These tools, which continue to evolve to the benefit of fleet managers, can help them create, implement, and maintain fueling strategies.
Two of the most powerful tools fleet managers have at their disposal are telematics and fuel card data. By focusing on six key areas — routing, driver behavior, fuel optimization, tire inflation, and preventive maintenance — fleet managers can use fuel data to cut fuel costs, maximize vehicle and driver efficiency, and increase overall productivity.
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As the operator of the vehicle, the drive is one of the most important variables in fuel consumption. Tailgating, excessive idling, harsh braking, and speeding are just some of the bad habits that fleet managers should aim to break.
Through fuel cards, fleet managers can accurately monitor how much and when fuel is being purchased by drivers. Data gathered from fuel card reports will alert fleet managers to any overspending, improper fueling habits, or other fuel purchasing anomalies.
A comprehensive preventive maintenance program can be key to saving fuel and cutting costs. A vehicle that is properly maintained can increase its fuel efficiency by up to 40%.