White Paper: A Guide To Reducing Fuel Consumption With Vehicle Telematics: How To Select The Right Solution
Fuel costs account for 28-30% of most fleet budgets.i This, combined with the volatile cost of fuel, makes reducing fuel consumption one of the most important issues facing fleet managers. From prolonged idling to excessive speeding, driver behavior is the number one factor in fuel consumption. In fact, driver misbehavior can increase fuel expenses between 5 to 15 percent.ii Consequently, the question remains: how can managers eff ectively monitor the driving behaviors of a mobile workforce?
There are many strategies to combat this problem, from driver training to enforcing strict company policies. However, more and more attention is being placed on the role vehicle telematics technology can play in helping fleets reduce fuel consumption.
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