Running a company comes with complexities. If only you have all that you have to do every day. If only everything were automated and done for you.
You need to know that, as a business owner or a senior manager, you should know your way around your business. This involves knowing about your fleet and the fleet management of your company. Keep reading to learn all about commercial fleet management mistakes and how to avoid them.
1. One of the Costly Commercial Fleet Management Mistakes: Not Maintaining Your Vehicles
Make sure you have a good commercial vehicle maintenance schedule in place and that your vehicles are serviced regularly. This will help keep them in good condition and avoid costly repairs down the road.
2. Not Keeping Track of Your Vehicles
This can also lead to wasted time and money searching for a vehicle that is lost. To avoid this, it is essential to keep track of your vehicles at all times, using a system that suits your business.
This might include GPS tracking, fleet management software, or simply keeping a log book. Have a look at this website if you want to know more about GPS tracking. Whatever system you use, make sure it is regularly updated and that everyone in your company knows how to use it.
3. Overlooking Vehicles’ Total Cost of Ownership
TCO includes all the costs associated with owning and running a vehicle, such as purchase price, depreciation, fuel, maintenance and repairs, and insurance. This can lead to expensive mistakes that could have been avoided if TCO had been taken into account.
To avoid making these mistakes, fleet managers need to consider all the costs associated with owning and operating a vehicle before making any decisions. Only then can they be sure that they are making the best decision for their business.
4. Hiring Inexperienced Drivers
This has led to several accidents and near-misses, as well as to an increase in the number of tickets and fines being levied against these fleets. To avoid these mistakes, it is important to provide a driver training program and hire experienced drivers who are familiar with the route and the traffic patterns.
5. Not Having Sufficient Insurance
Make sure you are adequately covered by speaking with your insurance agent and reviewing your policy regularly. You may also want to consider increasing your coverage if your business has grown or changed in recent years.
Another way to avoid this mistake is to create a risk management plan for your fleet. This should include a review of your insurance needs and coverage, as well as identifying any potential risks and how to mitigate them. By taking these steps, you can help keep your business safe and protected against any unforeseen accidents or incidents.
Awareness and Taking Steps to Avoid
Many commercial fleet management mistakes can be made when managing a commercial fleet, but by being aware of these mistakes and taking steps to avoid them, you can ensure the success of your fleet. Some of the most common mistakes include not properly maintaining vehicles and not having adequate insurance coverage.
By taking the time to properly maintain your vehicles and keeping them insured, you can avoid many of the pitfalls that can occur when managing a commercial fleet. Please take a look around our site for more articles that can help your company thrive.