Monitoring asset assignment improves responsibility and makes it easier to spot problems with driver conduct.
Fremont, CA: To manage your fleet's health, tracking maintenance data is essential. Asset information is abundant in maintenance data, which can also cut downtime and unneeded costs.
Tracking maintenance records for your fleet can help you identify potential failure points for preventive maintenance (PM) schedules, become more proactive based on predictive insights learned from past maintenance records, and boost return on investment (ROI) for assets by extending asset life through proper PM.
The metrics users choose to measure significantly impact the insights users may acquire while tracking any fleet data. Regardless of the size & nature of the fleet, it is crucial to monitor a few critical maintenance parameters, including:
Vehicle specifications:
Knowing the year, make, model, VIN, and fuel type of the vehicle will help focus on asset-specific PM schedules. The original equipment manufacturer (OEM) can provide VIN-based schedules that users can download and modify according to the mileage and task type. These serve as a benchmark for the anticipated lifespan of the vehicle, against which they may compare cost per mile to see whether assets are degrading more quickly than planned. Acquisition and predicted disposal dates are also helpful to have on hand.
Asset assignment:
Monitoring asset assignment improves responsibility and makes it easier to spot problems with driver conduct.
Maintenance (cost and tasks):
Keeping track of maintenance histories can help reduce culpability in the event that the subject vehicle is involved in an accident. They are also helpful in identifying recurrent problems and enabling predictive analysis.
Fuel Spend:
Another statistic that affects an asset's cost per mile and might show whether its fuel efficiency is declining is fuel spending. Fuel spending information can assist in distinguishing between mechanical and driver behavior concerns to help businesses address issues before they start driving up costs when combined with maintenance and asset assignment data.
Cost per mile:
One may get an overview of the cost per mile for each asset by adding together fuel and maintenance-related expenses with odometer readings. Users can stay on track with asset management by evaluating the cost per mile versus the anticipated asset lifespan.
However, without some standardization, it can be challenging to ensure users regularly record the data business needs to identify fleet inefficiencies. Measuring your fleet's metrics might be just as essential as the metrics you track. One may add fleet metrics that companies wish to measure using a customizable maintenance spreadsheet, ensuring that data is entered consistently for each vehicle.
