April 12, 2022
Managing a global fleet can be daunting in the rapidly evolving business landscape. From rising fuel costs and regulatory compliance to driver safety and vehicle maintenance, several challenges keep fleet managers on their toes. According to a report by Frost & Sullivan, fuel expenses make up around 30-40% of total fleet operating costs. So you can imagine how they can burn a hole in your wallet if you run a global fleet.
However, you cannot miss out on the international growth opportunity just because of these challenges. The better solution is to try overcoming them with the right strategies and technologies. Whether you are managing a fleet of trucks, cars, or other vehicles, the key is to stay agile and adaptable in the face of changing circumstances. Here are a few effective ways to manage a global fleet and overcome the challenges that come with it.
Communication is a critical element of all business operations, and a global fleet is no exception. In fact, you need to go the extra mile due to the distance factor. Use technology to establish clear communication channels with all stakeholders, such as drivers, fleet managers, and suppliers. Find ways to bridge the language barrier and facilitate smooth communication between everyone.
Running a global fleet means you may struggle to maintain a consistent system across all locations. But the solution is simple, provided you get a little creative. Develop standardised fleet policies and procedures applying to all regions to ensure consistency and compliance with regulatory requirements. Communicate them to all stakeholders and review and update them periodically according to the evolving landscape.
Managing several vehicles across multiple locations can be a massive load when you also have a business to look after. Collaborating with an expert fleet management partner is the best way to handle everything effectively. Look for someone who can help you with a customised solution to support the transnational growth of your company. A truly global partner can guide you in overcoming your logistical and regulatory challenges and making the most of the opportunity.
Going global is about staying on track with local regulations, driving customs, and road conditions. The best way to do it is by localising your fleet operations to ensure compliance with local regulations and improve driver safety. The last thing you want is to face legal hassles elsewhere because they can cause stress and disrupt your operations. But a localised approach can save you from trouble.
Bringing the best drivers on board gives you a great start with running a global fleet. But you cannot take a set-and-forget approach to driver safety and capabilities. Conduct regular training sessions to ensure that drivers are aware of company policies, road safety procedures, and local regulations. It improves driver safety and reduces accidents. Also, use vehicle telematics to track driving behaviour.
A global fleet can take your business on the growth route. By implementing these strategies, you can overcome the challenges of managing them and ensure success for your company.
