Minimise Vehicle Replacement With Fleet Management Software

 

Running a fleet may be an expensive endeavour. Do you know what goes into this cost? Having to replace your fleet vehicles on a regular basis. However, fleet management software can assist in lowering this expense! 

Purchasing new vehicles is costly, but picture trying to do so for a huge fleet. Even more money spent! You may be wondering how the system will assist you. Its solutions, on the other hand, assist the fleet optimise holistically. But, before we reach this conclusion, we must first understand why fleets replace vehicles in the first place. Let us go through this in depth in this essay. 

Why Do Vehicles Have to be Replaced? 

Vehicle damage can occur for a variety of reasons. While no single person is to blame, a variety of external variables may also be to blame. Some examples are:

• Accidents: Accidents can inflict extensive and possibly irrevocable damage to a car. It can cause significant wear and tear on the car. In some circumstances, fleet managers have little choice but to invest in new cars. Accidental harm is sometimes neglected. However, while the car continues to run, it indicates a larger problem that may necessitate vehicle replacement. 

• Low Maintenance: Ignoring a vehicle's maintenance for an extended length of time can result in significant harm. Not only does it increase the likelihood of an accident, but it also causes lasting damage. Focusing on remedial maintenance rather than preventive maintenance raises the vehicle replacement rate. 

• Bad Driving: A driver's behaviour on the road is heavily influenced by the condition of his or her car. This means that if the driver engages in severe driving habits, the car will wear out faster. This can lead to other accidents. 

• Theft: This is a typical occurrence in which a person targets a car for theft. This implies they can either steal the entire vehicle or a valuable part for resale. However, such acts are eventually paid for by the fleet industry. 

• Idling: It is the act of keeping a vehicle's engine running even if the vehicle is stopped at one point. This not only affects the vehicle's fuel consumption but also the damage done to the engine. Despite the negative repercussions, idling is fairly prevalent in fleets, and drivers are generally uninformed of the ramifications of their actions. 

Why Do You Need To Avoid Frequent Vehicle Replacements? 

Now that we've covered the reasons why a company might need to replace its vehicles, let's move on to the following topics. "How does constant replacement affect a fleet business over time?"  

Here are a few examples of common occurrences:

• Monetary Loss: This one is self-evident. A fleet business must spend money to purchase a new vehicle. When considering a large fleet, this cost can be so high that it can bankrupt a company. It can also prevent a business from becoming lucrative.

 

• Low Safety: A broken car might also cause an accident. This is due to the difficulty of controlling a vehicle that has been damaged. This damage can take the form of faulty tyres or indicators, among other things. However, this can create a vicious cycle in which a damaged vehicle causes further damage, and so on. 

• High Fuel Consumption: Once again, a vehicle that is not well maintained will consume more fuel than one that is. This means that fleets must consider not just the cost of replacing vehicles, but also the high cost of fuel. 

• Low Reputation: No client wants to entrust their goods to a company with damaged vehicles. This is why a shabby fleet might be the cause of a company losing work or seeing a decrease in clientele. 

Read also:- How Fleet Management Solutions Can Help Reduce Costs

How To Reduce Vehicle Replacements WIth Fleet Management Software? 

A fleet management system can help a fleet minimise its vehicle replacement rate in a variety of ways. Among these methods are:

• Servicing and Maintenance: This function alerts management to any upcoming vehicle maintenance. As a result, the fleet company does not overlook any problems that the vehicle may encounter while travelling. Vehicles are diagnosed with problems before they become fatal. 

• Report Generation: The system's reports identify any shortcomings or pain points in a fleet's operations. This means that managers can use these reports to identify the source of their high vehicle replacement and target it during optimization. 

• Driver Behaviour Monitoring Solution: This solution decreases the driver's risky driving. Managers are notified immediately when an event occurs. Overspeeding, hard cornering, rapid braking, sudden cornering, idling, and other occurrences fall into this category. As a result, the accident rate is dramatically reduced. 

• Route Planning Solution: This solution enables managers to plan the routes that their drivers will take ahead of time. As a result, managers can choose shorter routes and lower a vehicle's engine hours. Finally, there is less wear and tear, which allows the car to run for much longer. 

• Geofences: This virtual barrier drawn on a map alerts management whenever a vehicle enters or quits the defined area. As a result, if a manager chooses to avoid driving on unsafe or damaged roads,

Summing Up 

We hope you now understand how vehicles sustain damage while doing activities for a fleet firm. A fleet management system coupled with a fleet business can assist managers in taking complete control of their fleet. Using its sturdy solutions can help them reduce vehicle losses, which can have a detrimental impact on their budget. But how can you know which software is best for you?

Meet TrackoBit, the market's leading fleet management software. It is the ideal blend of all of the previously described features and solutions. Because this system is customizable, you may shape the software to meet the needs of your fleet.