Are you still using manual entry and relying on paper agendas to remind you of important fleet management details, like Preventive Maintenance check-ups? Or are you having to look for information in so many different places, you aren’t sure how they connect? Have you lost a few along the way? In today’s business settings, everyone has many more tasks to attend to and some things will slip through the cracks when we don’t use some simple tools to help us along. For instance, advanced fleet maintenance software (e.g. SM2- Maintain) and GPS tracking data have replaced the manual and time-consuming processes traditionally associated with managing your fleet maintenance. Since most of the other areas of fleet management are automated under your Fleet Management System software (FMS), it makes sense that maintenance should be automated as well.
The business world was rocked when Stephen R. Covey, the author of the best-selling book said, “ineffective people live day after day with unused potential.” Industry leaders, managers, and entrepreneurs everywhere quickly realized he wasn’t only talking about people, he was also describing the primary factors limiting a company’s growth.
Being a fleet manager has its unique challenges.
Mining + Fleet Management Systems = Success
Mining is a global industry and all over the world mines experience the same challenges and use the same tools to run profitable operations. Almost all mining operations run 24/7 and 365 days a year. When equipment needs to be running all the time, failures, fuel management errors, and operator misbehavior can quickly add up to millions in losses. Because most of the operation depends on generators, fuel becomes a very expensive and crucial part of the operating equation. In addition to the vehicles, everything from the property lighting to the cafeteria and kitchen equipment, to personnel housing and amenities, to maintenance facilities, to most of the machinery operating outside and inside the plants depend on a continuously available fuel supply. Managing this supply accurately is where the big savings occur.
The Bad News
For over a year, we have been reading articles about Montreal buses running out of gas and then a whole lot of finger pointing as to where the blame should go. Unfortunately, pointing fingers seldom motivates anyone to find a solution, much less implement one. While we prefer looking for a solution, we thrive on challenges like this one, so go ahead and point those fingers our way. The Montreal Transit Authority (STM) is one of Coencorp’s oldest and most valued customers and we can tell you that the problem is much more complex than it seems, but also a lot simpler to solve than any of the articles have suggested. Let’s just say that there are a lot of steps and people involved in every aspect of decision-making when it comes to public safety. At the end of the day, we are grateful that the checks and balances are in place to protect the tens of thousands of daily travelers using public transit. As with all complex systems, the solution is often clearer than any implementation of it, but when it’s implemented, we must acknowledge the heroes who were patient enough to follow due diligence for our safety.
Today we give special recognition to some important partners who contribute to our success, the fleet managers themselves. Thanks to these hard-working and strategically essential employees from all the industries we serve, Coencorp has been growing for three decades, building the most comprehensive, fully integrated, customizable, and user-friendly fleet management system available, . To better understand what makes these partners so important to us, we need to take a look at all they do on a daily basis and how their business needs become our primary functions.
The global construction industry accounts for between 25-40% of the worlds carbon emissions from all its gas-guzzling assets. It’s no surprise construction companies are under intense scrutiny over fuel consumption. Increasingly rigid government regulations are demanding accountability for every drop of fuel that goes into an asset’s tank and how every one of those drops are being spent. Public opinion now plays an equally strong value on sales and gas-dependent companies need to get green to keep and gain more clients, especially regarding lucrative government contracts. Construction fleet managers are needing to report on behaviors they once took for granted and providing detailed data beyond the amount of fuel purchased. They need to know where, how, and why it’s being spent. Traditional methods of manual data collection are no longer adequate and new industry leaders must implement more efficient solutions. The need for accurate reporting tools has become clear, and gas giants like BP are painting perspectives for their customers on the imperative benefits of having automated & integrated fuel management systems, like SM2. At Coencorp, we always start with the individual’s unique needs, so let’s start there to illustrate what BP is telling all fuel consuming industries.
Pay Attention, Or You'll Pay!
I was planning my budget the other day and thinking about how much gas I used for trips to and from work, to do groceries, to the gym, to go on weekend outings with friends and family, and I realized that other than the mileage on my odometer, I didn’t really track where I spent on fuel each week; much less for each month, or year. I suppose if I knew I’d be a little shocked, and I’d also be a little more careful about what I paid for gas, how I operated my car, and how many trips I made each day. The truth was, I only had a vague idea about my gas spending behavior and I probably wouldn’t even see if my changes made any major difference or not to my single car usage. Then I thought about my clients.
In our previous article, we discussed the importance of capturing real-time data when managing a fleet. However having loads of raw data flooding in is one thing, being able to visually organize and analyze it all in real-time is a whole different challenge for most fleet managers. Increasingly, companies and industries demand real-time insights in order to fully understand what is going on within their organizations. What are the advantages of real-time data analytics, where are the challenges, and which tools can be used for real-time processing of the live data?
Across industries and markets, we hear the call to real-time data collection and its importance to profitable big data analytics. Companies with fleets to manage have known this for a long time and continue to partner with fleet management system (FMS) suppliers to improve business practices and outcomes.