Capabilities

Cost Reduction

Fleets are actively aiming to reduce costs. Ask any fleet manager today, and the odds are they’ll agree. This could be for a variety of reasons – external or internal. Fleet growth and decline is something to be expected, as organizations are always changing and there will always be ways to better optimize your fleet. That’s where Utilimarc steps in to help.

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Fleet Rightsizing Report

Fleets are actively aiming to reduce costs. Ask any fleet manager today, and the odds are they’ll agree. Fleet growth and decline is something to be expected, as economies are always changing and there will always be ways to better optimize your fleet. It remains key to understand the benefits of right-sizing your fleet, and how doing so you’ll be better equipped to deal with any factors that may affect your annual budget or operational strategy. We know that efficiency begins with the optimization of assets and costs. Right-sizing efforts can assist all levels of management in creating a sustainable, fuel-efficient fleet.

Reduce Emissions


Growing societal pressure is forcing fleet managers to evaluate whether they need as many vehicles as they currently have, or whether EVs are the correct solution. Rightsizing can aid in removing unnecessary vehicles from your asset mix, actively reducing the emissions your fleet is responsible for.

Fuel Conservation


Similarly to the cost of fuel and maintenance, the right size fleet can use as much fuel is as necessary – and become more sustainable in the process. It’s about creating an operational process that will suit your fleet and organization’s needs now as well as in the future.

Capital Savings


40-50 percent of many fleets’ budgets goes to owning vehicles. When most of your budget goes to purchasing vehicles – especially as prices rise – imagine how your budget could be redistributed if you could identify that you only need to purchase a certain number of assets?

Replacement Scheduling


CREATE A MAINTENANCE CYCLE

Creating a reliable and repeatable replacement schedule for your vehicle assets will help you create a balanced fleet in terms of age, fuel consumption and improved driver safety.

OLDER DOESN’T ALWAYS MEAN RELIABLE

Newer vehicles tend to carry more safety technology features, have better MPG or eMPG rates and typically less maintenance costs. It’s important to ask whether or not your vehicles are maintaining proper specifications for operation, if they need frequent maintenance and whether your assets are being fully utilized. Older vehicles may still meet your specifications, but if they don’t then you may need to consider a newer model.

The Payoff:

By putting a replacement schedule in place, fleet managers will know what a vehicle will cost them, when it will cost them and for how long. Maintenance costs still may vary, however, it’ll be within a much smaller margin – meaning long-term savings for your organization and happier management.

Total Cost of Ownership Reporting


UNDERSTAND WHERE COSTS ARE ALLOCATED

You don’t always need to be purchasing the vehicle with the lowest initial cost to lower your Total Cost of Ownership. TCO is the total cost to own, operate and maintain the vehicle over the course of its life.

INVEST IN THE RIGHT TECHNOLOGY

Utilimarc provides fleet managers the ability to determine how long they should keep a vehicle in service through our Vehicle Replacement Model. The VRM and other TCO-based lifecycle analyses are primarily focused on demonstrating the economic lifecycle of the asset, but we also encourage fleet managers to understand that reliability, safety score, usability and corporate image all influence their decision to keep a vehicle (or vehicles) in service.

The Payoff:

Fleet managers get an insightful look at how to maintain lowest total ownership of all assets over the course of their lifecycle – this includes all depreciation, labor, parts and fuel that the vehicle received – to make smarter decisions about how and when to invest in new technology or reliable vehicle models in the future.

More on how Utilimarc helps with cost reduction:

By working with our customers, we’ve built a business intelligence platform that provides answers for the challenges they face.