The Benefits of Fleet and Fuel Management Systems

The slight upwards revision of UK growth figures from 0.1% to 0.2% for the first quarter of 2018 by the Office for National Statistics might on the face of it signal positivity, yet the reality shows there remain stark warnings about the health of the economy to come. Further scrutiny of the nation’s finances shows that real growth in household disposable income fell by 0.5%, following a period of weak wage growth and a rise in inflation after the Brexit vote. Consumers, therefore, cannot be relied upon to prop up the ailing economy during this period of uncertainty, so businesses are increasingly likely to look at generating more efficiency and productivity internally. Thankfully there are various means of doing this in order to maintain financial stability in the interim. For organisations that rely on transportation, effective fleet management not only provides a huge opportunity to achieve efficiency and productivity objectives, but also represents a means of protecting asset investment in terms of both the vehicles used in transportation and the employees who drive them. As such, fleet management is making its way into wider organisational strategy and is being incorporated into company values, including regard for the environment. Fortunately, the range of available fleet management systems easily facilitates this trend. Berg Insight suggests accordingly that the market for fleet management is enjoying a period of growth that it expects to last, as more and more businesses take advantage of controlling their costs. Here we take a look at what those solutions are and how they can be of benefit.

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