Holman is proud to announce that we have been awarded the Innovation in Cost Reduction Award at this year’s Great British Fleet Event! This recognition celebrates our Portfolio Management Solutions, a data-driven approach that helps businesses maximise their fleet return and minimise unnecessary spending at every touchpoint – saving our customers a combined £100 million in 2023.

Portfolio Management:  A Data-Driven Approach to Fleet Management

Traditionally, fleet decisions about de-fleeting vehicles relied solely on end-of-contract dates.  This approach can lead to missed opportunities and overlooking vehicles with significant remaining value.  Holman goes beyond simply replacing vehicles at the end of their lease, instead, we take a comprehensive look at each vehicle’s performance and potential.

Our approach involves analysing factors like operational costs, outstanding finance, and current & future resale values. This allows us to create a unique depreciation curve for every asset, and empowers our customers to make informed decisions about maintenance, repairs, or vehicle replacement.

Portfolio Management ensures our customers’ fleets are operating at the maximum efficiency, and crucially, how they want it to operate, not us. The impact of our innovative approach is undeniable, as demonstrated by the real-world annual cost savings of a combined £126,000 achieved by 4 of Holman’s customers.

Savings at Every Touchpoint

But that is just on the management of the asset, Holman is dedicated to reducing costs at every interaction. By combining vehicle monitoring, strategic investments, and other improvements, we have saved our customers over £100 million in the last year across 4 key areas:

• Mechanical VOR
• Tyre spend
• Maintenance spend vs budget
• Accident repairs

Importantly, with Holman our customers have an abundance of data and through our portfolio management tool, they can prioritise high-performing assets and address underperformers with ease. Therefore, our customers are benefiting from reduced VOR downtime, and a significant maintenance spend reduction.

Looking to achieve cost savings like these? Download our Portfolio Management E-Book to learn more about our data-driven approach and how we can maximise your fleet investment.