{"id":9424,"date":"2019-03-17T14:21:00","date_gmt":"2019-03-17T18:21:00","guid":{"rendered":"https:\/\/uk.holman.com\/uk\/?post_type=post&#038;p=8449"},"modified":"2024-01-11T15:41:33","modified_gmt":"2024-01-11T20:41:33","slug":"drilling-into-fleet-costs-can-bring-huge-financial-success","status":"publish","type":"post","link":"https:\/\/uk.holman.com\/uk\/resources\/drilling-into-fleet-costs-can-bring-huge-financial-success\/","title":{"rendered":"Drilling into Fleet Costs can Bring Huge Financial Success"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>\t\t\n\t<section class=\"header-variation-section white\">\n\t<div class=''><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav><\/div>\n\t\t<div class=\"variation-inner\">\n\t\t\t<div class=\"header-left\">\n\t\t\t\t<div class=\"header-left-inner\">\n\t\t\t\t\t<h5 class=\"headline-5\"><\/h5>\n\t\t\t\t\t<h1 class=\"page-title headline-1\">Drilling into Fleet Costs can Bring Huge Financial Success<\/h1>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"body-1\"><p>Holman Marketing<br \/>\nMarch 19, 2019<\/p>\n<\/div>\n\t\t\t\t\t\t\t\t\t\t<div style=\"width:70%;display:flex;justify-content:space-between;flex-wrap:wrap;\">\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"header-right\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" class=\"header-right-image-one\" src=\"https:\/\/uk.holman.com\/uk\/wp-content\/uploads\/2022\/09\/Drilling-into-fleet-costs.png\" alt=\"A pen pointing at a computer screen\" >\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t<style>#holform-sub{margin-bottom: 0px !important;}<\/style>\n<style type=\"text\/css\">\n\t.header-variation-section .variation-inner .header-right{flex-basis:50%;}\n\t.header-variation-section .variation-inner .header-left{flex-basis:50%;}\n\t.noscroll{overflow:hidden !important;overflow-y:hidden !important;}\n#form-success, .form-success{height:100%;width:100%;display:none;}\n#success-container{display:flex;flex-direction:column;justify-content:center; margin:0 auto;text-align:center;height:100%;padding:40px;}\n#success-container a{font-weight:500;font-size:12px;color:#0069a7;margin:62px auto 0;text-decoration:none;border-bottom:2px solid #0069a7;}\n#success-container h2{margin:8px auto;color:#0069a7;font-size:24px;font-weight:500;}\n#success-container p{margin:8px auto;font-size:14px;font-weight:400;}\n#success-icon{max-width:60px;margin:0 auto;}\n.wpcf7 .wpcf7-spinner{display:none;}\n\t.noscroll{overflow:hidden !important;overflow-y:hidden !important;}\n\t.btn1.ghost{background-color:white;color:#0069A7;border:1px solid #0069A7;}\n\t.header-variation-section .video-box video-js{height:100%;}\n\n\t\t.btn1\n\t\t{\n\t\t\tbackground-color: #0069A7;\n\t\t\tbox-shadow: 0px 14px 23px rgba(0,0,0,0.08);\n\t\t}\n\n\t\t.btn1:hover\n\t\t{\n\t\t\tbackground-color: #2C9942 !important;\n\t\t\tcolor:white;\n\t\t}\n\n\t\t.btn2\n\t\t{\n\t\t\t background-color: transparent !important;\n\n\t\t\t color: #0069A7 !important; border: 2px solid #0069A7; \n\t\t}\n\n\t\t.btn2:hover\n\t\t{\n\t\t\t background-color: transparent !important;\n\t\t\t\/*background-color: #2C9942 !important;*\/\n\t\t\t color: #2C9942 !important;\n\t\t\tborder: 2px solid #2C9942; \n\t\t}\n\n\/* .header-variation-section .vjs-poster{background-size:cover;} *\/\n.header-variation-section .vjs-tech {\n  position:relative;height:auto;\\;\n}\n\/* .header-variation-section .video-js{\n\tdisplay:contents !important;\n} *\/\n.header-variation-section .video-js .vjs-control-bar{padding-left:45px;}\n\t\t.btn1\n\t\t{\n\t\t\tbackground-color: #0069A7 !important;\n\t\t}\n\t\t.btn1:first-child{margin-left:0;}\n\t\t.btn{box-shadow: 0px 14px 23px rgba(0,0,0,0.08);}\n\t\t\n.btn.ghost{background-color:white !important;border:1px solid #0069A7;color:#0069A7 !important;}\n.btn:hover{background-color:#2C9941 !important; color:white !important; border:none !important}\n.ghost:hover{background-color:#2C9941 !important; color:white !important; border:none !important}\n\/* .header-variation-section .variation-inner .header-right .cloudflare-video{height:61% !important;} *\/\n.header-variation-section .variation-inner .header-right:has(.cloudflare-video){margin-top:auto;margin-bottom:auto;}\n\n\t\t@media (max-width: 575px)\n\t\t{\n\t\t\t.header-right{flex-basis:98% !important;margin:0 auto;}\n\t\t\t.btn1 {width: 100% !important; margin-top: 20px !important;}\n\t\t\t.btn2{margin-left:0px !important; width: 100% !important; margin-top: 20px !important;}\n\t\t\t.header-variation-section .variation-inner .header-right{flex-basis:100%;}\n\t.header-variation-section .variation-inner .header-left{flex-basis:100%;}\n\t\t}\n\n\t<\/style>\n\t<\/section>\n\t\n\n    <section class=\"wysiwyg\" id=\"\">\n        <div class='inner'>\n            <p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">As your business needs change, so should your <a href=\"https:\/\/uk.holman.com\/uk\/fleet-management\/\">fleet focus<\/a>. However, this type of due diligence can slip out of reach as meeting client demands and everyday work expectations become a priority.\u00a0<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">Looking past today is critical to avoid compromising your business services &#8211; otherwise, costs and downtime can pile up and become difficult to tackle in the future.<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">What could you accomplish with a fleet that is more efficient, more affordable, and still able to meet your customer&#8217;s needs?<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">I want to share a real-world example that demonstrates the possibilities.<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><b><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/b><\/p>\n<h3 style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">Drowning in Expenses<\/span><\/h3>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">One of our American customers in the water management industry was becoming bogged down with vehicle expenses. Their 1,800 vehicles (ranging from small vehicles to medium and heavy-duty trucks with upfitting) were not driving the profit needed for financial success. With a corporate sourcing initiative calling for cost optimisation within the current fiscal year, they needed a new approach fast.<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">We set to work identifying possible savings conducting a full fleet assessment to find opportunities for change.<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/p>\n<h3 style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">Draining Unnecessary Costs<\/span><\/h3>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">We needed to act aggressively to meet the needs of this client, as time was of the essence. Once we got our results and met with stakeholders, we moved forward with the goals of:<\/span><\/p>\n<ul>\n<li><span lang=\"EN-GB\" style=\"color: #0e101a;\">Increasing fuel efficiency<\/span><\/li>\n<li>Decreasing maintenance costs<\/li>\n<li>Eliminating underutilised vehicles for good<\/li>\n<\/ul>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">First, we remarketed the vehicles that were not serving enough purpose to be valuable to create profit right away. From there, we revisited the client&#8217;s annual replacement strategy, replacing 25% of their fleet right away and doubling the yearly replacements for the fleet across the board.<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">We also determined that the client could service their customers just as effectively with smaller vehicles. This reduced <a href=\"https:\/\/uk.holman.com\/uk\/fleet-management\/vehicle-acquisition-leasing\/\">acquisition<\/a> costs upfront and maintenance costs down the line. The client could operate a more fuel-efficient and environmentally friendly fleet, which made their customers happy.<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/p>\n<h3 style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">A New Tide<\/span><\/h3>\n<h3 style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/h3>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">Since making these changes, the client measured more than \u00a31.2 million in savings across the entire fleet. That number will only grow as they operate a newer and more fuel-efficient fleet. And since they doubled the number of annual vehicle replacements, the fleet will stay younger and require less maintenance, leading to less downtime. The client and their senior leadership team have worked with us continuously to contribute more to this project, and the client continues to see a positive return on their investment.<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">Are you considering evolving your approach to replacing vehicles to improve your asset and operating costs?\u00a0<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\">\u00a0<\/span><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><span lang=\"EN-GB\" style=\"color: #0e101a;\"><a href=\"https:\/\/www.holman.com\/uk\/resources\/white-paper\/leveraging-the-power-of-visibility-in-supply-chain-management-2\" target=\"_blank\" rel=\"noopener\">Download our whitepaper<\/a> on maximising your fleet supply chain.<\/span><\/p>\n        <\/div>\n    <\/section>\n\n\n\n\n\n\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>","protected":false},"author":5,"featured_media":8443,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[131],"tags":[102,111],"blog-type":[91],"featured":[90],"legacy":[99],"topic":[],"class_list":["post-9424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fleet-management","tag-blogs","tag-fleet-cost","blog-type-blog","featured-no","legacy-yes"],"acf":[],"permalink_manager":null,"_links":{"self":[{"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/posts\/9424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/comments?post=9424"}],"version-history":[{"count":2,"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/posts\/9424\/revisions"}],"predecessor-version":[{"id":17024,"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/posts\/9424\/revisions\/17024"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/media\/8443"}],"wp:attachment":[{"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/media?parent=9424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/categories?post=9424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/tags?post=9424"},{"taxonomy":"blog-type","embeddable":true,"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/blog-type?post=9424"},{"taxonomy":"featured","embeddable":true,"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/featured?post=9424"},{"taxonomy":"legacy","embeddable":true,"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/legacy?post=9424"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/uk.holman.com\/uk\/wp-json\/wp\/v2\/topic?post=9424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}