The significance of fuel management: it might save expenditures for your company. Fuel management should always be a priority for your company, and since there are more couriers on the road now than there were last year, there is a greater need for these services. The transport and logistics sector has a number of variable costs, and by managing your fuel and/or bunded tanks more efficiently, you could increase your margins.
Fuel Management gives fleet managers complete control over the stock levels in their depots, eliminates mistakes that can happen with manual stock control, lowers fuel fraud, and ultimately lowers fuel expenses. We have some advice to help you minimize waste and increase profitability.
Fuel theft: Unfortunately, fuel theft is common in most businesses in South Africa, and of the cases that do arise, many of them involve commercial establishments. Less than 1% of these cases result in convictions. Fuel theft can happen for a number of reasons, including underreporting fuel usage, tampering with odometers, and poor or no vehicle maintenance. It can be challenging to identify when and where it is happening, which makes it challenging to determine responsibility and, thus, address it. It is essential to handle this quickly and stop any more damage to the company. With the use of a fuel management system, you might swiftly address any inconsistencies in your fleet’s fuel consumption.
Efficiency: Fuel management systems provide precise records so that you can always update your company on the status of things in real-time. This might assist you in considering how to enhance certain aspects of your fleet or business to operate more profitably, cut expenses, and maximise efficiency. An automated system means less time spent on paperwork, which frees up time for other tasks, less “human” error, which then needs to be double-checked, and data delivery digitally. By ordering fuel deliveries as needed, you may prevent your budget from being committed to fuel that won’t be consumed anytime soon. Reviewing your entire fleet is also simpler because you can compare how each vehicle is performing, monitor each vehicle, and determine its ideal aerodynamics, engine, and weight. Reviewing your drivers’ skill sets and encouraging appropriate amounts of braking and acceleration while on the road are also sensible moves. Data can assist you in advising your team on the best routes so they can drive fast and safely while using the least amount of fuel. Vehicle management is also a key factor to observe, vehicles should be checked regularly to ensure repairs are timely, tyre pressures are correct, and the tread is safe – all factors that can use up fuel at a higher rate than necessary – costing you unnecessary rands.
Cost tracking per mile: The Fuel Monitoring System generates a report detailing how many miles the fleet can travel on a specific amount of fuel to help you keep track of performance levels. This information enables you to address areas where performance levels are higher than necessary and saves you money. Once installed, a fuel management system can provide real-time information that can help you manage and improve many aspects of your business quickly and effectively, freeing you up to concentrate on providing excellent customer service.
We understand how downtime can cost your business thousands which is why you’ll get 24/7 support on all our Fuel Management Solutions.
To find out more visit our website www.mtcmasters.co.za or call us +27 11 074 8872 / 076 315 2855