A fleet manager’s basic job description entails making sure that their fleet management strategy is efficient and cost effective. Your strategy should not only incorporate the management of cars and trucks; it should also incorporate the organisation of all other assets, including: forklifts, pallet jacks and other material handling equipment. Below are a few tips to ensure that you create a plan that incorporates a successful overall strategy:

  1. Track all of your assets
    Start by creating an inventory. You should track the following information:

    • What assets does your organisation have?
    • Where are the assets kept/ stored?
    • What are the various assets used for?
  2. Calculate how much you spend on assets
    Make sure that you are getting your money’s worth for each asset.
  3. Ensure all assets are maintained
    You need to have a proper planned cycle for all assets. Regular inspections of all vehicles and assets will ensure that less money will need to be spent on future repair costs.
    Also, teach your employees basic maintenance skills so that they can help look after the equipment.
  4. Create an asset replacement plan
    Assess the general replacement time for each vehicle and asset. This will prevent extra maintenance costs and reliability. When planning your asset replacement strategy, take the following factors into account: age, costing, environmental damage, mileage and condition of the equipment. There are various ways to sell company assets and vehicles; including, local auctions.