Have a Plan: Optimizing Fuel Purchases
By Sojourner in General | 0 comments
As a fleet manager, one of your most important jobs is fleet fuel management. Part of this job is optimizing fuel purchases as much as possible, in order to minimize your fleet’s expenses and maximize profits.
Luckily there are many tools available to help you optimize your fuel usage far beyond what even the most diligent manager could do on their own, sans technology. For instance, there are fuel optimization programs that you can use to make sure you are getting the most out of your drivers’ fuel stops along their routes. These programs use state of the art modern technology to analyze your drivers’ routes, and determine where would be the best places to fill up.
Although it might not sound like it right away, choosing where to fill up is an important part of properly optimizing your trucks’ fuel usage. Prices may be lower at one gas station than another, but will driving out of your way to get to the lower prices actually cost you more than what you are saving? That is one of the things that fuel optimization software looks at.
The other thing that a fuel optimization program does is to find the best fueling prices along each driver’s routes. This allows you to ensure that you are always getting the best price on fuel. The amazing things about fuel optimization software is that it makes all of these calculations for you quickly, not just for one or two gas stations, but for all the potential fueling stops along your route.
Most fuel optimization programs are designed to work with your existing fleet gas cards and fuel networks, so you don’t have to change anything in order to start using the software. If you have an automated dispatch system, rather than hiring a person to do the job, the software will work with that as well. In addition, fuel optimization software is designed to work with fleets of any size, whether they have two vehicles or two hundred.
At first look, these software programs may seem too pricey to make them worthwhile, but consider this: Fleets who use the software generally save about $1,000 per vehicle per year. The larger your fleet, the greater your savings every year. Therefore, fuel optimization software should be a no-brainer for managers of large fleets. Buying a program may make sense for smaller fleets, too, but in any case, it is worth it to price the software and weigh your options!
If you are using fleet cards to pay for your drivers’ fill-ups, you are already utilizing a powerful tool that helps you to cut costs and closely monitor your vehicles. Adding a fuel optimization program simply allows you to save even more. Regardless of the size of the fleet or the systems you already have in place, a fuel optimization program can help you to realize substantial additional savings in your fuel costs.
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