Experts predict that the global logistics industry will be worth a staggering USD 12,975.64 billion by 2027. With such sums of money at stake, it's no wonder fleet management has become vital for businesses in this lucrative market.
But what are the most common myths in the fleet management industry? If you have the wrong information, you could make incorrect decisions that will affect your fleet operations and cost you money. The good news is that you can learn more about some of this misinformation to ensure your knowledge is accurate and up to date. This will then allow you to maximize the benefits for your fleet.
Let's dive in and dispel some typical vehicle management myths.
It's a part-time job
Fleet management takes a lot of time and effort, and requires the full attention of your manager. For example, there can be problems with your vehicles at any time of the night or day, and there are many critical tasks to oversee.
These include vehicle maintenance, driver certification and equipment upgrades. So it's a role that simply can't be done on a part-time basis.
Technology is taking over fleet management
Technology does not replace fleet managers. But, the best fleet manager will use advancements in technology to help them do their job better. For example, technology can help make the trucking industry safer by allowing managers to study employee driving styles. Smart devices can also help you determine if vehicles are breaking down too often and need to be replaced.
By embracing modern technology, fleet managers can become more efficient and effective in their roles.
Small fleets don't need to be managed
Every business, from a business with one vehicle to a business with thousands of trucks on the road, can benefit from fleet management. For example, you can understand precisely what condition your vehicle is in and its fuel economy statistics. You will also know how many hours it is in operation each day. This is essential to keep your trucks and vans on the road in safe and working condition.
Whatever the size of your fleet, knowledge is the key to getting the maximum return on investment.
Fleet management is too expensive
Another myth is that fleet management is expensive. Although there are costs associated with the vehicle management process, it can actually save money rather than being an additional cost.
For example, fleet management software is useful with many types of fleets, batteries, or motorized equipment. You can then use the data from these smart systems to effectively schedule employees, optimize your warehouse layout, and ensure you maximize your fleet's potential.
This can save your business a lot of money in the short and long term.
Efficient fleet management is crucial
No matter how many vehicles you own, having an effective fleet management plan is essential. Not only could this save you significant amounts of money, but a fleet manager can also help you keep your drivers and property safe. They can also use the latest technology to organize and operate your fleet more efficiently than ever.
Just make sure you have the right information at your fingertips and don't believe inaccurate fleet management myths.
If you enjoyed reading this article, be sure to check out other great articles in our Tech and Business sections before you go.