The 3 Biggest Factors In Saving Fuel

Fleet owners are now more aware than ever before of the impact that fuel costs can have on their bottom line. But how can a company affect the costs in this area of their business? As the UK’s leading tracking comparison site TrackCompare have looked at the 3 key problems that effect fuel usage. By combining  some of the services and solutions that we compare a fleet could save up to 30% on fuel bills which translates directly to the bottom line.

1. Better Driver Performance

The driver is the most important consideration in saving fuel and his or her performance will directly affect the profitability of a business. An example of this is a driver that leaves late or is working inefficiently will most likely need to speed in order to reach appointments on time, a speeding van could use up to 35% more fuel than one being driven at the speed limit. Bad habits like unnecessary engine idling and stress induced behavior such as hard acceleration, harsh breaking and over revving are also key factors in maintenance and fuel costs.

2. Streamlined Operation

The way a company operates can also have a significant impact on fuel usage. Using the right person for the right job, making sure geographic areas are managed well and that a fleet is always productive not only saves fuel but also helps reduce payroll costs and increase the number of jobs completed. Take a typical Friday afternoon when a new job comes in, can it be done, who is closest to it, who has got the right parts on board? These are questions that businesses face all the time and making the right decision could be the difference between profit and loss.

3. Lower Pump Prices

As with all costs associated with running a business the cost of fuel should be scrutinised and regularly reviewed.  Modern fuel cards allow fleets to fix their prices across the whole of the country and obtain significant discounts on forecourt pump prices. A business that operates across the whole of the UK may experience big price differences between forecourt prices.

How TrackCompare Can Help

To reduce the cost of fuel TrackCompare recommend that businesses firstly consider implementing Vehicle Tracking.  Modern vehicle tracking systems not only feedback the exact location and status of the vehicle  but also report on how it is being driven. Tracking systems are a vital tool for ensuring the fleet is operating efficiently and that the drivers are both productive and not wasting fuel. A common misconception is that vehicle tracking adds additional workload to a business, this is not the case. Tracking systems significantly reduce fleet admin and time spent trying to contract drivers.Secondly TrackCompare recommend considering fuel cards, if a fuel card service is already in place this should be reviewed periodically with different suppliers to achieve better discounts on fuel prices and taking advantage of new services offered by the providers. Getting the right fuel card deal could fix pricing wherever a fleet operates and achieve pump price discounts of up to 5%.

Quickly Compare Online

To find out about vehicle tracking and compare the benefits of vehicle tracking systems starting at only 27 pence per day or to compare the latest deals from the leading fuel card providers visit www.trackcompare.co.uk today. Why not try our FREE vehicle tracking benefit calculator to see how much you could save?