fleet management

     

Fleet management is the management of a company's vehicle fleet. Fleet management inclues the management of ships and or motor vehicles such as cars, vans and trucks. Fleet (vehicle) management can include a range of fleet management 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 either be dealt with by and 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.

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