Fuel Management System Benefits
Implementing a fuel management system can offer many benefits to your business, but taking the first step can be daunting for a fleet manager. By partnering with MiX by Powerfleet, you can stay focused on operating your fleet while we help you implement this cost-cutting solution that offers widespread benefits.
By targeting fuel usage and having a broad data stream from every vehicle in your fleet, a fleet manager can enjoy improved safety, a reduction in safety violations and accidents, and remarkable savings in both fuel usage and maintenance. Implementing a telematics platform into your fleet will help you establish a variety of KPIs (Key Performance Indicators) that will help you keep tabs on factors like fleet asset utilization, empty miles, idling time, and fuel economy — to name a few. This data will help managers identify fuel-saving tips to help their drivers maximize fuel economy.
As a fleet manager, one of the most significant expenses that you need to handle. According to one report, fuel spending accounts for an average of 24% of total fleet costs, and without granular oversight into specific driver behaviors, a macro view of fuel costs, and a number of other factors can make it nearly impossible to have any sort of predictability when it comes to managing, forecasting, and reducing these expenses.
Telematics Can Help Fleet Managers Cut Costs on Fuel
The good news is that by leveraging a telematics platform, fleet managers can monitor fuel consumption and expenses on an individual level, gathering specific insights into each fleet vehicle and driver, including idle times, route inefficiencies, unsafe or wasteful driving behaviors such as rapid acceleration, and maintenance schedules. Gathering this data is only the first step, though.
Even the most detail-oriented fleet manager has historically needed to input each piece of data manually, clean and manipulate the data themselves, and decide what to do with this incomplete data in order to improve performance.
With MiX by Powerfleet tracking your fleet, we automate all of these processes for you — from data collection to analysis and optimization — so that you can focus on other aspects of your business while we drive down your fuel spending, improve your safety, and more.
MiX by Powerfleet'sss fleet management solutions take the guesswork out of reducing fleet fuel dispensed with real-time data and actionable insights that enable you to make informed decisions about how to optimize your fleet's performance.
What Is a Fuel Management System
A fuel management system is a set of tools that you can utilize to monitor fuel use and manage fuel inventories. This usually includes some form of telematics, which is a technology that tracks, monitors, and reports on data related to vehicles and drivers.
MiX by Powerfleet'ss fuel management software is built into our comprehensive fleet management solutions, which also include features like routing, driver behavior monitoring, and vehicle maintenance schedule — all of which can give fleet managers deep insight into their fleet's performance while reducing costs across the board. MiX by Powerfleet can also provide you with AI-powered cameras that can give real-time alerts to both the driver and fleet manager about issues like wasteful or erratic driving habits, maintenance schedules, usage, and more.
Benefits of a Fuel Management System
Many benefits come with implementing a fuel management system, including:
Reduced Fuel Costs
One of the most obvious benefits of using a fuel management system is the direct impact it can have on your fuel bill. By monitoring and managing your fleet's fuel consumption, you can make changes that lead to real savings.
With a MiX by Powerfleet system gathering data about your fleet, you will be able to dive deeper than fuel receipts and mileage reports, and get specific, actionable data about individual driver behaviors and fleet vehicle anomalies that can lead to simple steps for drastic fuel cost reductions.
Improved Driver Behavior
MiX by Powerfleet'ss systems include features that allow you to monitor and coach drivers on their behavior behind the wheel. This can lead to better driving habits and improved fuel efficiency, as well as fewer accidents and incidents. With the support of an AI-powered cab camera, drivers can be alerted about unsafe or inefficient behaviors in real-time, meaning that an automated fleet manager knows about something like wasteful acceleration/deceleration or suboptimal routes that may have gone unnoticed for years.
Many drivers are shocked to discover the behaviors they consider to be normal that have significant impacts on the fleet's operating costs, but with the type of oversight that a MiX by Powerfleet platform offers, drivers and fleet managers will enjoy improved safety, seamless compliance, and cost reductions that don't come at the expense of driver satisfaction.
Preventative Maintenance Scheduling
Another great benefit of a fuel management system is the ability to keep track of maintenance schedules and receive alerts when vehicles need to be serviced. This can help you avoid costly repairs down the road and keep your fleet running smoothly. Something as simple as an overlooked oil change or tire rotation can lead to measurable differences in fuel economy, but a fleet manager can take one look at their telematics dashboard to see which vehicles are due for service and when.
MiX by Powerfleet'ss solutions include an array of features designed to keep your fleet running smoothly and efficiently, including preventative maintenance scheduling, roadside assistance, and more. These features can save you time and money by avoiding costly repairs and downtime while also giving you the peace of mind that comes with knowing your fleet is always in good working order.
Fewer Emissions
By reducing your fleet's fuel consumption, you'll also be reducing its emissions. This can be good for both the environment and your reputation as a responsible fleet operator.
In fact, fleet operators who take drastic steps to reduce their fuel consumption may find that their savings can act as excellent marketing material when they are looking for another reason to set themselves apart from the competition.
Improved Planning and Route Optimization
A fuel management system can help you plan and optimize your fleet's routes, leading to further savings on fuel as well as improved customer service. When your routes are optimized for both time and fuel dispensed, your customers can enjoy reliable, consistent delivery times while you can benefit from reduced costs.
Real-time GPS tracking will help fleet managers see where their vehicles are at all times, meaning that they can make changes to the route on the fly if there is traffic or an accident. This type of visibility can also be useful for planning future routes, as you will have access to data about travel times, traffic patterns, and more.
Contact MiX by Powerfleet To Discuss Specific Benefits to your Fleet
Depending on the specifics of your fleet and the goals you are hoping to achieve, MiX by Powerfleet offers a range of products that can help you take tighter control over your fleet's operating costs, including fuel usage, route efficiencies, driver behavior, and more. We will be happy to discuss past improvements we've helped our clients achieve and how we might be able to help you improve your fleet's performance.
Take a look at the next section to see how our telematics customers have enjoyed significant improvements to their fuel economy and whether or not fuel reduction was their primary goal for implementing a telematics solution.
Fuel Savings Case Studies
The following case studies are just a few of the many fleets that have worked with MiX by Powerfleet to focus on reducing costs, increasing efficiency, and maximizing productivity with a combination of fuel management, route planning, driver training, and other benefits that come with a telematics platform. If you are ready to take your fleet to the next level, contact us right away to speak with a member of our team and discuss your unique situation.
Unitrans Fuel's Agriculture and Mining Division
Based in South Africa, Unitrans Agriculture and Mining Division has more than 1,500 fleet vehicles in a variety of types, including tractors, trains, and trucks. They serve southern and eastern Africa, and needed to improve their operational efficiency by focusing on reducing accident rates and optimizing fuel usage. A secondary goal was to improve supply chain productivity.
By introducing performance monitoring systems across their fleet, Unitrans was able to make significant improvements to both safety and efficiency, including fuel management which helped reduce the operating costs of the fleet substantially.
"It gives us great comfort to know our operators and assets are monitored 24/7 through a reliable and stable solution, backed by a professional team. The MiX management solution provided by channel partner Compass FM, along with the services included, has greatly assisted in reducing our operating costs and improving vehicle productivity. The quality reports and "real-time" information have become essential for our daily operations."
Kobus Burger, Regional Director - Unitrans Supply Chain Solutions: Mozambique
Transportes Della Volpe
This road freight transport company, headquartered in Brazil, approached MiX by Powerfleet with the goal of reducing fuel consumption while also taking better control of working hours and related compliance matters. Transportes Della Volpe recognized that the working hours their fleet drivers were reporting were not accurate, and overtime-related issues were at an all-time high. As a result of these inaccuracies, fuel consumption was also a major issue due to inefficiencies in their processes.
Primarily, Transportes Della Volpe implemented the MiX Hours of Service platform and saw labor liabilities drop by 66%. Furthermore, fuel consumption was reduced by 20% due to their ability to implement and monitor more cautious driving. In this instance, a specific fuel management platform would have led to even greater fuel savings, something that MiX by Powerfleet is proud to support our customers with.
Archrock
Archrock is a natural gas compression service operating in 20 states in the US, and has been in business for 60 years. Archrock has a high commitment to safety, and the company implemented MiX Fleet Manager to help reduce or entirely eliminate unsafe driving behaviors through a combination of RAG scoring and hands-on training. In addition to these primary targets, Archrock was able to improve its fuel economy while enhancing ELD compliance and adherence to other safety regulations.
In all, Archrock saw a 12% increase in their annual fuel economy, 8-12% increase in their monthly fuel economy, and a 20% reduction in idle times, all of which helped to improve efficiencies across the board.
YOU Can Be Our Next Case Study
MiX by Powerfleet has has worked with some of the biggest names in the fleet management industry, and we're proud to have helped them improve their businesses in a variety of ways. With a broad menu of features and benefits, our solutions are tailored to the specific needs of each customer. As a result, we have a long list of satisfied clients who have seen real results from working with us.
Are You Ready To Cut Fuel Costs? Contact MiX by Powerfleet Today
Fleet managers have long understood the importance of fleet fuel management in order to keep their fleets running efficiently and cost-effectively. By reducing fuel consumption, fleet managers can save money while also doing their part to reduce greenhouse gas emissions. There are a number of ways to achieve fuel savings, but the most effective way is through the use of a dedicated fuel management system.
A good fuel management system will help you track your fuel usage and spending, identify areas where you can save money, and optimize your driving habits. It can also help you manage your inventory and plan your routes more effectively. In addition, a good fuel management system will integrate with your other telematics systems, providing you with a comprehensive view of your fleet's performance.
If you're looking for ways to reduce your fleet's fuel consumption, Contact MiX by Powerfleet today to learn more about our fuel management solutions. No matter what industry you are in, or how big or small your fleet may be, MiX by Powerfleet can help you take control of your fuel usage and improve your overall fleet efficiency. We offer a variety of different solutions that can be tailored to your specific needs, so don't hesitate to reach out to us today to learn more.