During the pandemic, fleets faced many challenges. Supply chain disruptions have affected Pakistan’s businesses, and fuel prices are rising. Car owners, fleet managers, and operators must find ways to reduce costs and increase productivity in 2022. Technology can save fuel and reduce costs by analyzing drivers’ behavior, buying options, routes, maintenance, and other factors.
How to use Telematics to monitor fuel management
Fuel management technology helps organizations monitor vital factors that affect operations, such as fuel use. Using GPS and fuel transaction data, fleets can identify patterns and prevent misuse. Here are some areas fleets can monitor.
- Data from fuel card reports. View fuel transaction history per vehicle to monitor fuel expenses and compare fuel purchases between cars.
- Card abuse and fuel theft. You can detect fuel card fraud by looking at fuel purchases that exceed a vehicle’s fuel tank capacity or by identifying when the car was not at a fuel pump when it was purchased.
- Fuel consumption. To reduce your environmental impact and maximize cost savings, monitor each vehicle’s fuel consumption and CO2 emissions.
iTecknologi can provide insight into driving habits and vehicle functions, which can directly correlate with fueling efficiency.
- Speed: The faster a driver drives, the higher it costs per gallon. Driver training should include monitoring drivers who exceed posted speed limits.
- Idling: It is a waste of fuel. You can receive alerts when your truck idles for too long, and this information can be used to encourage drivers to reduce their idle time.
- Routing Shorter routes improve fuel efficiency. Dispatchers monitor traffic patterns to determine the best way for drivers or the nearest driver to do a job.
- Maintenance – Regular maintenance will reduce fuel costs. You can receive alerts about vehicles due for care based on date, mileage, and other factors.
The world’s second largest fixed expense in fleets is fuel spending, which averages 60% of total operating costs. This can mean that an increase in gas prices, or excessive vehicle idle time, can have a significant financial impact on your fleet management operations.
What can you do to ensure your fleet manages its fuel well? Fuel management is the key to this problem. The increasing inflation and a hike in petrol prices have compelled people to think about a solution-driven approach to their everyday fuel consumption.
iTecknologi’s robust telematics data platform can help address these challenges, ensuring your vehicles stay in service and on the road. Get insights into the health of your vehicle with accurate reads on important data points like mileage, engine hours, fuel consumption, battery health, and more. While driver behaviors like speed and idling are important to understand and analyze these habits to help reduce costs and minimize vehicle wear and tear.
