Real-time asset data critical for fleet management, says GE

15 May 2009

The recent survey by GE Gapital Fleet Services has unveiled that real-time asset data is viewed as the most critical information in effectively managing fleet operations.

56% of the survey respondents said that the ability to track metrics, such as miles driven and fuel consumption, are key to their operations. Productivity data such as tracked travel time and the number of jobs or deliveries per day are considered as helpful for managing fleets by 26% of the respondents. In addition, the number one concerns named are meeting cost-cutting goals (28%), ensuring high workforce productivity (28%) and volatile fuel prices (26%). When considering the area in which their service providers supply the most value, fleet managers cited improving overall efficiencies (40%) and providing cost savings (36%).

Finally, the progressive movement towards going green and reducing environmental impact is currently a leading program among fleet managers, with almost 75% of respondents saying that their strategy currently includes a green initiative.

According to Clarence Nunn, CEO of GE Capital Fleet Services, fleet managers understand they have an opportunity to support overall business objectives by being mindful of cost while continuing to think strategically about the operation of their fleets and that in-depth data and analyses helps them to make smarter business decisions and maximize their return on fleet investment.