Businesses are leveraging fleet management solutions to control costs and improve the performance of their fleets. However, merely choosing the right fleet management software is not enough. It is also important to track key performance indicators (KPI) for your fleet to further enhance productivity and efficiency.
What are Fleet Management KPIs?
Best KPIs every fleet manager should track
1) Driver behavior and safety
Close monitoring of their driving style with telematic sensors or dashboard video cameras is essential to determine their performance. Fleet managers can immediately flag any incidences of speeding and hard braking or cornering by their drivers. Moreover, they can even offer safety training for drivers to avoid further traffic violations and mishaps.
2) Vehicle maintenance management
3) Fuel economy
Maintaining fuel costs is the top priority and most challenging job for a fleet manager. It is necessary to monitor fuel consumption and reduce fuel wastage to control fuel costs. Targeting fuel efficiency is essential while setting fleet management KPIs related to fuel. Fleet managers need to track fuel consumption patterns and focus on optimizing routes as well as driver behavior.
Leveraging a fleet management software will help managers record fuel consumption entries and avoid the hassle of maintaining paper receipts. Moreover, this allows them to see fuel entries and expenses in real-time. A fleet management solution also offers optimum routing for the fleet to improve fuel efficiency for your vehicles.
4) Fleet utilization and productivity
5) Compliance and HOS
Dista’s fleet management solution will help you manage and get an accurate view of your fleet performance. Click here for a free demo.