As a professional in the driving industry, you know the importance of a comprehensive fuel management system. Efficient fleet fuel management can positively benefit your bottom line. However, it can often be challenging to stay on top of driver behavior and fuel costs.
So, where do you start, and are there any key identifiers or metrics you should look out for and focus on? Understanding the metrics involved in fuel management can significantly impact your fleet operations.
This article will cover the importance of fuel monitoring and fleet management, how to manage fleet fuel costs, and optimize fuel efficiency. Keep reading to learn more.
Step 1: Gather Key Fleet Fuel Data
Thorough knowledge of your fleet operations can lay the groundwork for a more effective fleet fuel card management system. And knowledge starts with data.
Focus on gathering the following key metrics:
- The estimated fuel expense across the fleet
- The fuel consumption used by each vehicle based on certain timeframes
- The fuel efficiency, such as the miles per gallon (MPG), that fleet operators incur in their vehicles
- The total engine run time
- Any mechanical issues with any fleet vehicles that may affect fuel management
Once you gain the insights you need, you can strategize for the demands. Implementing a robust fuel management system can prevent unnecessary fuel waste and identify potential fuel theft. A few of the biggest benefits of fleet management and having a solid fuel management system in-place include:
- Learning whether purchasing fuel wholesale makes the most sense
- Discovering how the vehicles in your fleet are utilized and what they require
- Finding out which vehicles may need maintenance (or replacement) to ensure proper fuel usage
Once you have the data, you can identify ways to reduce fuel cost and areas where fuel efficiency is most needed to set strategic goals across your entire fleet.
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Step 2: Optimize Fleet Vehicles for Efficiency
You may find your most effective cost-saving strategies start with your vehicles themselves.
- Trade in your vehicles for more fuel-efficient models for effective fuel management to reduce fuel waste
- Keep vehicles clean inside and out to reduce weight (and therefore fuel spend)
- Try to minimize the space between the tractor and the trailer for maximum aerodynamic efficiency
- Look into implementing side skirts, which can improve fuel efficiency by up to 5%
- Stay up-to-date on vehicle maintenance to ensure engines functioning at maximum capacity
Step 3: Encourage Fuel-Saving Driver Habits
Your drivers are just as invested in discovering efficient fuel cost practices as you are. After all, fewer stops to fuel up means more profit for everyone’s bottom line.
Creating a system of best practices can jumpstart your fuel efficiency initiatives and support drivers across your fleet.
To help optimize their fuel efficiency, systematize these strategies:
- Maintain a steady speed – When acceleration increases and decreases rapidly, it can cause vehicles to consume more fuel compared to keeping a steady pace. While the type of vehicle driven will determine the optimal fuel efficiency speed, focusing on staying within this range can significantly improve your fuel management.
- Maximize the use of cruise control – Cruise control aids in fuel management by maintaining a steady speed, reducing the need for frequent acceleration or deceleration. However, cruise control offers the most benefits on flat, prolonged routes. Uphill cruise control can work against your fuel efficiency goals.
- Reducing total idling time – While idling helps drivers stay comfortable, it is detrimental to fuel efficiency. By managing idle time, you improve fleet fuel management. An average long-haul driver can idle up to eight hours per day, costing the fleet fuel economy. Yet, idling the engine comes with a great cost to the fleet fuel economy of the vehicle. By reducing idling, your fleet could save over $6,000 annually.
- Optimize tire inflation – Improperly inflated tires can cause extra heat and resistance, leading to fuel wastage. Additionally, the heat and stress caused by improper inflation can lead to a much shorter tire life. Using automatic tire inflation systems to monitor and adjust air pressure will help tires last longer and increase fuel efficiency.
While these habits might seem as though they could be insignificant on their own, when combined, they can have a substantial impact on all of your fleet fuel spending. Proper monitoring and reporting of fuel consumption and related costs are essential.
Step 4: Monitor Progress and Adapt Your Strategy
Once you’ve gathered data about your fleet and begun implementing real-time tracking and best practices, it’s time to assess your progress.
- Audit to determine if implemented strategies improved efficiency
- Use reporting to identify which strategies made the biggest impact on your fuel performance
- Adjust as necessary
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See How AtoB Helps You Save on Fuel
Taking fuel management for your fleet to the next level has never been easier. The AtoB fuel card helps you keep costs in check. Plus, our fleet fuel cards have a ton of other perks for managing vehicle-related expenses, including easy access to fleet fuel stations nationwide.
Uncover the opportunities and drive your fleet to its full potential with an AtoB fuel card. It’s powered by VISA and accepted everywhere—major chain truck stops? No problem. Mom and pop fuel stations? We work there, too. For instance, using a Chevron Texaco gas card can provide additional fuel credits and discounts at Chevron and Texaco stations, ensuring you get the most value from every fuel purchase.
This platform not only optimizes fuel usage but also improves overall fleet performance. Make every mile count with AtoB!
Sources
FleetOwner. Fuel Economy 101.
https://www.fleetowner.com/emissions-efficiency/article/21660208/fuel-economy-101
Eartheasy. Fuel Efficient Driving.
https://learn.eartheasy.com/guides/fuel-efficient-driving/#tipsfuel
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Reviewed by
Vedant Khamesra is the driving force behind product management at AtoB. Specializing in strategic partnerships, SMB solutions, and new product development, Vedant seamlessly navigates P&L responsibilities while leading product execution and strategy. He is fueled by AtoB's mission to empower truckers and fleets with intelligent financial tools and services, making their lives easier and more rewarding.
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