Yet the cost associated with fleet are significant, and it can be difficult to plan, track and understand fleet expenses given frequent changes in vehicle mix, cost, average age, resale activity, fuel prices, interest rates and various other factors.
True cost control requires working closely to gain a thorough understanding of each client’s fleet operation, regular tracking of performance measurements, an ongoing dialog with your fleet staff and senior management, as well as proactive initiatives to capitalize on savings opportunities. Wheels’ unique approach to fleet management addresses these needs, and by working closely with each client to understand the results it needs from fleet, we are able to build a customized program that delivers measurable cost savings.
We have many resources dedicated to achieving cost savings for our clients, and we deliver a broad range of services that present significant savings opportunities. For example, effective maintenance management is one way fleets manage their costs. Wheels' Maintenance Assistance Program (MAP) is a comprehensive service through which we help you make the right repair decision for each situation. Savings are delivered through our ASE-certified technical advisors denying unnecessary repairs and negotiating prices for needed repairs, as well as aggressive pursuit of post-warranty recoveries whenever possible - all dollar savings that flow through to your bottom line.
Inventory management is another area that typically presents a significant savings opportunity, and Wheels has developed the analytical tools to capitalize on those opportunities for our clients. Every company experiences changes in its workforce, which often cause vehicles to sit idle for extended periods. Even if fully depreciated, these excess vehicles incur costs, such as insurance and maintenance. Through our Vehicle Inventory Management service, we look at factors including remaining lifecycle, wholesale vs. book value, anticipated need for the vehicle, and size and age of other surplus inventory options to identify the optimal disposition decision for each vehicle, as well as the most cost-effective method for meeting each new vehicle need.
Wheels assigns an Account Manager to deliver strategic support to each of our clients. While the relative importance of cost savings, fleet productivity and administrative ease may vary between clients, cost management is a key priority in the support our Account Managers provide to each of our clients. Through regular account reviews, we present each client with cost-saving opportunities, and recommendations and benchmarks on how to capitalize on those opportunities. These may include areas such as improved vehicle selection and lifecycle decisions and improved revisions to current resale practices. There are cost-saving opportunities for every fleet – even the most well-run fleets – and we give you the expertise and resources to take full advantage of those opportunities.
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