Download PDF
Element Fleet Management > Case Studies > Fleet outsource model drives down costs
Element Fleet Management Logo

Fleet outsource model drives down costs

Technology Category
  • Functional Applications - Fleet Management Systems (FMS)
  • Functional Applications - Remote Monitoring & Control Systems
Applicable Industries
  • Utilities
Applicable Functions
  • Logistics & Transportation
  • Maintenance
Use Cases
  • Fleet Management
  • Remote Asset Management
Services
  • System Integration
  • Software Design & Engineering Services
The Challenge
An energy utility company was looking to reduce costs and improve driver safety. The company managed its fleet in-house, only outsourcing upfitting specifications/design and maintenance to separate third parties. The company decided to move to an outsourced model, where Element Fleet Management would spec and facilitate vehicle engineering, ordering and delivery, as well as manage fuel cards, safety and maintenance.
About The Customer
The customer is an energy utility company that operates a service fleet of 900 pickups. The company was managing its fleet in-house, only outsourcing upfitting specifications/design and maintenance to separate third parties. The company was looking to reduce costs and improve driver safety. The company decided to move to an outsourced model, where Element Fleet Management would spec and facilitate vehicle engineering, ordering and delivery, as well as manage fuel cards, safety and maintenance.
The Solution
Element’s Strategic Consulting team conducted an optimum replacement planning analysis. The team's truck engineers developed fit-for-purpose specs for the client’s vehicles, moving from vans to F250 trucks. The customer replaced the third-party maintenance software it had been using with Element’s Maintenance program, in which all information from retail transactions and the customer’s in-house garage was captured and available via Element Xcelerate™. This program includes proactive preventive maintenance scheduling. In addition, Element implemented driver record checks and the Driver Profile program, as well as Element’s Telematics program for its entire fleet to improve driver safety. Weekly reports identify exceptions so managers can work with at-risk drivers. The customer also enrolled in Element’s Fuel program to control fuel costs.
Operational Impact
  • The customer's fleet is more versatile and ergonomically more effective for drivers.
  • The company has enhanced identification of risky drivers to reduce its risk liability and increase driver safety.
  • The customer has a more efficient system for managing fuel costs.
Quantitative Benefit
  • Saved $260,000 in fuel costs over three years.
  • Saved $175,000 in maintenance costs over three years.
  • Total savings of $435,000 over three years.

Related Case Studies.

Contact us

Let's talk!

* Required
* Required
* Required
* Invalid email address
By submitting this form, you agree that IoT ONE may contact you with insights and marketing messaging.
No thanks, I don't want to receive any marketing emails from IoT ONE.
Submit

Thank you for your message!
We will contact you soon.