With new vehicle advancements being rolled out every year, the current fleet industry is nothing like its predecessors. Telematics, EVs, and a fresh demand for parts has kept the industry moving at an unprecedented pace. To get a better grasp of the current state of the fleet industry, leaders in the field discuss what we can expect in the future.
As the world is working to bounce back from a multi-year pandemic, the fleet industry has noticed a direct hit to the supply chain for not only parts but vehicles. Industry experts have specifically noticed a shortage of a key component for fleets: microchips. The shortage doesn’t just stem from a single instance. Instead, coming out of the pandemic shutdowns, a reduction in vehicle production that was later met with a skyrocketing increase in demand, and that has all led to shortages.
But looking at the industry’s supply chain from a management side, fleets need to plan ahead with purchasing as prices go up and vendors close down. If there is one takeaway from trying to understand the future of vehicles, it’s that telematics will bring the industry into the next century. Able to provide vehicle insight and diagnostics that were previously inaccessible, telematics have created a way to better plan for the next generation of vehicles while better understanding the fleets of today.
From knowing how many miles a vehicle has traveled, to knowing the cost of travel and being able to plan repairs, telematics seems to fit with the natural progression of vehicles and a trend toward more electric components.
Telematics systems are a way to continually learn about the vehicles being driven. It’s with this learning process that he hopes fleets will succeed.
The whole idea is to try to manage your costs. And it comes down to a very basic thing. If you can’t measure it, you can’t manage it. And that’s what they help you do.
Vehicle fuel consumption, for example, on average represents about 20% of total municipal energy usage for towns. And a good first step in reducing municipal fleet fuel consumption is to understand where and when fuel consumption is occurring. This information can help municipal officials, staff, and volunteers to identify major sources of fuel consumption, and decide where to focus fuel usage reduction efforts.
Link2Pump service can be very useful in this area, as we offer solutions such as:
— instant tracking of fuel expenditures by department
— real-time tracking and reporting by vehicle, driver, division and more
— no fuel misuse, our system can prevent drivers from accidentally filling gas into diesel powered vehicles
If you want to learn more about our solution and are searching for alternatives to manage your municipal fleet, please get in touch.