They can sneak up on you: Keeping Track of Your Maintenance Costs

Posted by Reza Tavassoli on 4-Jul-2019 7:22:00 AM

According to some recent statistics on AutomotiveFleet.com, the repair cost (labor and parts) of running your aging fleet increases annually by 5% to 7%, but when you look closer at the segment breakdowns, the numbers are much more dramatic. Looking at “Repair Spend by Odometer” we see the cost rise almost 10 times, once the vehicle hits over 90,000 km and “Repair Spend by Months in Service” shows a jump of nearly 8 times, once we get past the 37-month mark. Furthermore, these statistics exclude regular tire and oil changes, rental of replacement equipment and emergency overtime costs, or accident expenses.  If these jumps seem extreme to you, it’s because they are, but they are a manageable part of the cost of maintaining a fleet. Keeping your fleet assets (vehicles and other mobile fueled equipment) and drivers safe, productive, and mobile is pivotal to reaching your organization’s sales and service goals. A great Fleet Management software will help you keep an educated eye on your maintenance costs, indicate when they begin to rise, and how to plan for optimization of the fleet. So, what can you do to keep your fleet in optimal shape?

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Topics: fleet fuel management, maintenance management, fleet maintenance, preventative maintenance, fleet management

The 7 Habits of Highly Effective Fleet Managers

Posted by Reza Tavassoli on 6-Jun-2019 7:37:00 AM

The business world was rocked when Stephen R. Covey, the author of the best-selling book “The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change,” 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.

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Topics: fleet fuel management, fleet maintenance, preventative maintenance, fleet management, driver behaviour, vehicle tracking, real-time data

How to Avoid the Worst Fleet Management Mistakes

Posted by Reza Tavassoli on 30-May-2019 7:28:00 AM

Being a fleet manager has its unique challenges.

There is a multitude of interconnected considerations for them to juggle, from fuel consumption to vehicle maintenance, and from new technology implementation to driver performance. Most importantly, industr ies that are reliant on mobile assets are always evolving with the regular appearance of new practices, legislation, and technologies. While there is a host of strategies and methods used by fleet managers and decision makers, only the successful ones consistently avoid making these fleet management mistakes…
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Topics: fleet fuel management, fleet maintenance, fleet management, driver behaviour, vehicle tracking

Out Of Fuel Buses : Going Nowhere Fast

Posted by Reza Tavassoli on 2-May-2019 7:21:00 AM
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.

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Topics: public transit fuel management, fleet fuel management, vehicle data, preventative maintenance, fleet management, real-time data

Get Green to Save Green: FMS in Green Fleet Practices

Posted by Reza Tavassoli on 14-Mar-2019 7:11:00 AM

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.

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Topics: construction fuel management, fleet fuel management, going green

Big Data, Big Deal: Real-Time Data In Fleet Management

Posted by Reza Tavassoli on 14-Feb-2019 7:28:00 AM

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. 

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Topics: fleet fuel management, maintenance management, maintenance software optimization, vehicle data, fleet management, AVL, real-time data

Fuel Management: More than a Terminal

Posted by Reza Tavassoli on 28-Sep-2018 11:56:39 AM

When people think of fuel management systems (FMS), the first thing that usually comes to mind is some kind of terminal at the pump identifying users and vehicles via cards, key tags, and ID numbers punched on a keypad. In other words, they think of what is mostly the control aspect of a FMS. Although control is an important dimension of such a system, there needs to be more going on than that.

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Topics: fuel management, fleet fuel management, fuel tank management

Why Do You Need A Fuel Management System?

Posted by Reza Tavassoli on 10-Sep-2018 10:52:51 AM

 Let’s start by getting the obvious out of the way. After labor, fuel represents the highest cost of running a fleet. If you have your own fuel tanks and pumps, you need a fuel management system. No ifs, ands, or buts about it. The level of sophistication and control required will vary from one place to the next, but the need to have a minimal level of distribution control is undeniable. Fuel is expensive, and constantly buying it without knowing who takes it, how much of it and where it goes is as unacceptable as having a bank account without the same level of control.

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Topics: automated fuel management, public transit fuel management, public works fuel management, construction fuel management, mining fuel management, why fuel management system, fuel management system criteria, how select fuel management system, fuel management, what is fuel management, oil and gas fuel management, fleet fuel management