B2B Fleet Management: How to make the most out of it

April 05, 2022

How to make the most of B2B fleet management

Starting your own fleet is a great accomplishment, but it’s only the beginning. As a fleet manager, it falls to you to do everything you can to ensure it’s properly optimized. You’d be surprised how an unoptimized fleet can impact you as a whole. It can cost you more money than usual and even risk the relationships with your business partners. The good news is that with proper education and attention to these facts, you can more easily avoid unfortunate inconveniences.

B2B fleet management optimization

Optimizing a fleet is pretty much just regular fleet management except you prioritize on constantly improving your operations rather than stagnate. The reason why you want to optimize is so you can have an easier time handling your finances and simplifying tasks. An example of fleet optimization would be to utilize the right management software. This software allows you to have better control and sight into your day-to-day operations, keep your drivers safe and reduce the cost of fuel consumption.

Installing the right tech

Another form of fleet optimization would be to install the proper technology. Each vehicle in your fleet should be outfitted with the appropriate equipment. In fact, it’s actually mandated by both the DoT and the FMCSA. Here’s a quick overview of the vehicle technology you’ll need:

    • Dash cams – These small cameras are placed on the dashboard of a car and provide video footage of the driver’s entire journey. It’s a great way to keep yourself safe from any potential liability claims.
    • GPS tracking systems – A GPS allows you to see where your drivers are at any time. These can help boost driver safety, prevent theft and keep your operation costs low.
    • Tachographs – Tachographs are installed into the onboard diagnostics of a vehicle to record its speed and how far it has traveled. These devices are used to ensure your trusted drivers are being responsible on the road.

One of the most important pieces of equipment all fleet needs is electronic logging assistance. ELDs, or electronic logging device, functions similarly to a tachograph where it’s installed into the OBD of the car. Rather than simply measure the speed and distance, however, an ELD records everything else. It records information such as when the vehicle was first turned on to how steep a turn it took at a specific point in time. With these features, you can easily utilize ELD compliance solutions to avoid any potential violations. You’ll also potentially lower the costs of your insurance premiums as it instills greater trust with the company.

How B2B Affects Fleet Operations

Depending on what business you’re running, your B2B might differ. For instance, if you’re running a restaurant, you might need the services of a retailer or manufacturer that have the ingredients you need. Or vice versa where your store gets a majority of its business from restaurants. However, bear in mind that this isn’t as simple as it may appear. Since you’re new to this, you may not know how to go about things. For starters, B2B interactions don’t happen randomly. You need to do some extensive planning beforehand. By planning, we mean identifying your target audience, thoroughly analyzing your competition and figuring out your business budget.

It’s also recommended that you use an analytics tool  to get a deeper understanding of your audience. This allows you to see who makes up the majority of your business by showing you their gender, age demographic and where they’re from. Secondly, the relationships you build with other businesses must be handled with care to make sure they are successful. It’s not a one-sided thing. Both parties need to be in sync with each other and mutually benefit from it.

Conclusion

Using software for B2B fleet management has its positives as it helps you stay on track with your goals, nurture relationships with your business partners and increase profits. Installing the right tech allows your fleet to perform according to all the regulations and requirements set up by the industry leaders. Moreover, softwares for data analytics provide key data about your audience that can be used to maximize your productivity and increase customer satisfaction.

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