One of the greatest benefits of being in the business of helping people manage their fleets is learning where the challenges are and focusing energy on finding solutions for them. Data plays a crucial role in effective fleet management. Not just having it, but being able to quickly and accurately collect it, then easily use it for the benefit of the company. Through 30 years of successfully consulting for mobile reliant industries, adapting modules to service specific industries, and growing services to fit the evolving needs fleet managers the world over, we’ve hopefully learned a few things on how to be helpful to them: It’s all about the data at your fingertips in your Fleet Management Software.
Topics: maintenance management, maintenance software optimization, fleet maintenance, vehicle data, preventative maintenance, fleet management, driver behaviour, real-time data, trucking, preventive maintenance, safety
Asset tracking problems = lost revenue
As fleet operators, companies acquire a range of mobile assets for a variety of reasons. For all the benefits those assets bring, their increased quantity means that fleet managers are also increasing the risk of loss through theft and/or misuse by operators. According to automotivefleet.com, there’s an average of 2,248 vehicles stolen each day in the United States alone and these numbers increase on holiday when the majority of vehicles are supposed to be out of service, due to holidaying drivers. Fleets contend with many related asset tracking problems on a regular basis which ends up all but stalling productivity.
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.
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.
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.