Travis cuts car fleet costs
Published: 13 April, 2011
NORTHAMPTON: Travis Perkins has cut its average maintenance cost per vehicle by £188 (20%) saving £249 476 on the 1327-strong company car fleet.
Control over service maintenance and repair and "zero tolerance" to unauthorised expenditure is essential if businesses are key to keeping vehicle budgets in check, according to Fleet Support Group that manages the fleet.
Geoffrey Bray, chairman, Fleet Support Group says: "Pence per mile figures are the most accurate mechanism for monitoring individual vehicle costs.
"The key to reducing fleet operating costs is driver management so it is vital that ourselves and our customers use fleet maintenance data to manage employees. Many clients have achieved dramatic cost reductions by using data in a more proactive way."
FSG uses a range of key performance indicators and a 'traffic light' fleet management monthly report format to easily help customers focus on key issues in a bid to cut operating costs.
Topics flagged 'red' are deemed by FSG to require urgent attention; those marked 'amber' require monitoring or action; and those marked 'green' are shown to be satisfactory or on target.
"Some companies can get bogged down in reams of management reports and, as a result, pay little attention to the information contained within. So we believe that our traffic light reporting system is a simple mechanism for drawing decision-makers' attention to important action areas," said Mr Bray.