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Organizations use fleets and fleet management to fulfill their business goals and client demands. Many businesses, irrespective of their size, now depend on fleet management to efficiently complete their logistics operation. Surveys estimate that the global fleet management market will reach 31.25 billion USD by 2026. This makes it essential to have an idea of commercial fleet management and how it impacts businesses.
What is a commercial fleet?
The commercial fleet can be defined as an array of vehicles that a company can use to fulfil its business goals. They are composed of fleet vehicles that are either leased or owned by the company. Commercial fleet vehicles typically include trucks, vans, buses, cars, and SUVs. Commercial fleets come in a wide range of sizes, from tiny vans used for construction work to enormous vehicles like the ones used by plumbing companies.
Fleets may comprise a single, standardized vehicle model or a combination of various makes and types. Although having a single type of fleet vehicle simplifies maintenance procedures, occasionally, customized vehicles are needed for specific tasks.
Fleet management meaning
Fleet management is the process of managing a company's vehicles and ensuring its proper operation. It involves regularly checking the vehicle's health, handling the maintenance, tracking fuel consumption, and disposing of them when needed.
Commercial fleet management deals with the management of a commercial fleet. It involves numerous components like vehicle safety, driver safety, cost-effectiveness, operational efficiency, and regulatory compliance.
Businesses can use a fleet management system to gather real-time updates on the conditions of the fleet and analyze them to make smart fleet management shipping choices. For clarity, a fleet management system definition encompasses tools and processes used to manage and coordinate a company's vehicle fleet effectively.
Fleet management challenges and Mojro magic
Mojro addresses key fleet management challenges through our Shopwyse platform. On-ground service providers often face issues like lack of real-time visibility, ad-hoc cancellations, inaccurate addresses, and inefficient route planning. These challenges impact operational efficiency and customer satisfaction.
Shopwyse streamlines order management and delivery planning with features like dynamic route optimization, address validation, real-time tracking, and automated trip-driver matching. It enables businesses to handle last-minute changes smoothly and ensures timely, accurate deliveries with better resource utilization.
Conclusion
Fleet management enables businesses to control all processes related to their company fleet to enable efficient logistics operations and improve client satisfaction. Mojro can help businesses automate and optimize their logistics processes to improve productivity.
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