What is fleet management?
Find answers to your legal question.
What is fleet management?
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Vehicles,Flight booking,fleet data
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Javed I
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Fleet management is the management of a company's vehicle fleet. Fleet management includes commercial motor vehicles such as cars, vans and trucks. Fleet (vehicle) management can include a range of functions, such as vehicle financing, vehicle maintenance, vehicle telematics (tracking and diagnostics), driver management, fuel management and health & safety management. Fleet Management is a function which allows companies which rely on transportation in their business to remove or minimize the risks associated with vehicle investment, improving efficiency, productivity and reducing their overall transportation costs, providing 100% compliance with government legislation (duty of care) and many more. These functions can be dealt with by either an in-house fleet-management department or an outsourced fleet-management provider. According to market research from the independent analyst firm Berg Insight, the number of fleet management units deployed in commercial fleets in Europe will exceed 1 million next year. Even though the overall penetration level is just a few percent, some segments such as road transport will attain adoption rates above 30 percent.
Fleet management also refers to the management of ships or aircraft types, while at sea or in the air. Ships are normally given to fleet management companies that handle aspects like crewing, maintenance, and day-to-day operations. This gives the ship owner time to concentrate on cargo booking.
Fleet data refers to tail numbers assigned to an aircraft, while in case of cars fleet data is maintained by its number plates. |
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UCANTCME
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Fleet Management is to control the overall cost of operating and maintaining a fleet of vehicles and equipment, to maintain vehicles and equipment in a manner that extends their useful life, to control the growth in size of the fleet, to standardize the composition of the fleet and to accurately budget for maintenance and replacement costs. |
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