In today’s inflationary environment, fleet managers are under increasing pressure to reduce the cost of operating their fleets. Because a fleet’s size is directly proportional to its cost, one of the most effective ways to accomplish this goal is to reduce the inventory of vehicles using a process known as “rightsizing.”
One of the greatest benefits of implementing business intelligence is the ability to turn disconnected data systems into actionable insights. Once fleet data is streamlined and cleaned, BI bridges the gap between the initial point of data collection to seeing data-driven results.
Fuel is one of the biggest capital spends for any fleet, so detailed reporting on fuel spend is always important. As fuel prices rise, however, ensuring that reports are accurate is critical to a successful fleet budget and preventing fuel fraud.
High quality data can be tricky to recognize as valuable at first glance. It isn’t a tangible asset that goes out to job sites on a daily basis. It is, however, one of the most impactful tools a fleet manager can have when it comes to spotting opportunities and tracking progress toward goals.
There are two ways someone can gain the status of a true fleet data analyst. By spending years in the fleet industry garnering deep domain expertise, or by utilizing business intelligence as your secret weapon.
A data analyst with fleet cred is an invaluable addition to a fleet management team. “Fleet cred” is the deep domain knowledge of the world of fleet.
Greenhouse gas reporting –also known as carbon accounting– is becoming more common at organizations, whether by requirement or done voluntarily for transparency. These reports measure how much emissions the organization emitted in a period, breaking it down into which activities contributed what amount and exactly which GHGs were emitted.
Business intelligence seems to be one of those buzzwords that companies throw around when talking strategy and futureproofing solutions, but many find it hard to actually define. Is it a system? A service? A strategic approach? In some ways, it is all of the above.
A dashboard connects all of your data streams and sources but spares you the headache of connecting each source of data yourself.