Benchmarking Costs and Operational Efficiency

Benchmarking Costs and Operational Efficiency

Fleet can be a significant expense for any business and as they are often accumulated by multiple business functions you need to ensure you optimise your costs as effectively as possible to ensure overall control.

One of the best ways to help ensure you are running an efficient operation is to benchmark your total fleet running costs against your peers, this can often quickly highlight potential inefficiencies within your fleet and a good indicator of how to resolve.

Questions you may ask:

  • What is the total cost of ownership of my fleet?
  • Can I accurately forecast fleet running costs given changing business requirements?
  • How would changing products, services or suppliers impact running costs?
  • How well is my fleet performing versus my competitors?
  • Am I receiving the expected level of service from my suppliers for the cost of the provision? 

How does it work?

We can look at any aspect of your fleet operation and benchmark it against industry averages to identify opportunities for efficiency. 

Features

Driving efficiency

Balancing costs

Maximise service levels

Full peer/competitor reviews