The global supply chain crisis has hit fleets of all services and sizes hard. Across industries, many businesses are struggling to operate let alone turn a profit.
So how are fleet managers adapting to today’s evolving challenges?
To find answers, Motive partnered with Wakefield Research to survey 1,000 fleet managers in construction, oil and gas, agriculture, delivery service, passenger transit, food and beverage, field service, and trucking and logistics. Download the full report, or read on for four key findings.
1. Take a proactive approach to safety
Roughly 39% of fleet managers said that improving driver safety is one of their biggest challenges, but too much administrative work distracts them from implementing safety measures. A traditional safety strategy that relies on manual administration is both time-consuming and expensive.
To reduce administrative tasks and proactively increase safety, 60% of fleet managers said they want to adopt fleet management platforms. The right AI-powered platform can accurately detect unsafe driving behaviors, automatically coach drivers, and streamline safety reporting. This proactive approach to safety can minimize manager overhead while reducing accidents on the road.
2. Eliminate manual processes
Labor-intensive, repetitive tasks waste a shocking amount of time. Surveyed fleet managers estimated that their employees waste an average of five hours per day on repetitive administrative tasks. That adds up to three full days of the five-day work week.
In the report, 33% of managers said their manual processes make it difficult to track information accurately, while 28% said they’re concerned about the potential risk any manual errors could present.
To address this massive time loss, nearly 100% of fleet managers surveyed are shifting towards technology that automates repetitive tasks such as vehicle maintenance scheduling, fuel management, driver safety, invoicing, and asset tracking. Fleet managers use automation technologies like Motive to save time, digitize operations, and improve data accuracy.
3. Reduce inefficient spending
Nearly all fleet managers (98%) are dealing with increased business costs, pushing managers to reassess their spending habits. In the report, 37% of fleet managers shared that inefficient spending is a big challenge for managing their finances, with 32% citing a lack of visibility and clarity into employee expenses as one of their biggest issues.
Many fleet managers are consolidating tools and switching to a single fleet management platform for a comprehensive view of their operation’s fiscal health. By centralizing all their information into one tool, fleet managers can identify inefficient spending habits and make informed financial decisions.
Just switching from multiple subscriptions to a single tool can instantly save companies tens of thousands of dollars. But the right fleet management platform can empower managers with key financial features like fuel cards to save at the pump, preventative maintenance alerts to avoid costly repairs, and receipt uploads to reduce time-consuming paperwork.
4. Apply automation
As fleet managers turn to technology to help solve their safety, operational, and financial challenges, many hope to adopt cutting-edge solutions that automate processes. Fleet managers want their tech to do more than just digitize data. They want their solutions to help them work smarter and faster.
The report shows that 98% of fleet managers want to automate repetitive business tasks so they can focus their efforts on higher priority initiatives. And 44% of survey respondents said automation will be one of the top investment priorities for the next two years.
Download the full State of Fleet Management report to discover more ways companies like yours use technology and automation to adapt to today’s fleet management challenges.