18/02/2022
Fleetit Friday Fleet Tip
Vehicle Allocations are like a constant game of chess
To ensure optimization of your vehicles life cycle, vehicle allocations should be reviewed regularly.
This is specifically relevant when running an FML or contract based fleet.
Consider the following tips to get this right:
1) Use your running CPK (Fixed and Variable Cost excluding accident expenses) to work out your cost over a trip or period and compare this to your revenue generated to ensure the vehicle is profitable.
2) Set a monthly, annual and replacement policy mileage limits for each vehicle class and adjust allocations to ensure each vehicle stays within these limits
3) Monitor your fuel and maintenance CPK to ensure it is not increasing on certain projects, routes or sites. If it is, consider adjusting allocations to extend the lifecycle of each asset and share the burden of the higher application costs.