Updated: Oct 19, 2021
Organizations that manage a fleet of vehicles can achieve significant savings by following certain fundamentals on sustainability and using new technology. In the process, they will conserve fuel and cut down on carbon emissions, as the following focuses on fuel savings.
The best way to save money on fleet maintenance and fuel economy is to keep each vehicle in top shape. Periodic inspections and the use of appropriate oils and other lubricants help extend the life of a vehicle. Fleet managers should use a savings calculator to get a clear view of how much they can reduce expenses by checking oil and fluid levels.
The savings calculator can help fleet managers determine the number of trips or miles to accumulate in one day to achieve goals of cost-efficiency. It can also be used to decide how many drivers to schedule for a particular day, week or month. Drivers, maintenance, and fleet operators all contribute to fuel costs.
How to incorporate the savings calculator into your fleet plan
A big part of fleet management is monitoring gas prices and figuring out average annual miles per vehicle. By watching this data, along with average miles per gallon, a company can analyze fuel cost projections and possible alternatives or strategies on how to cut costs. There are many methods of cutting costs on fuel or getting the most productivity out of your fuel costs, including planning tighter routes. Keeping engines well lubricated helps lower overall fuel consumption.
Saving by Taking Care of Your Fleet
One of the best ways to optimize fuel economy in terms of miles per gallon is to use modern fuel tracking technology. By keeping careful track of your fleet with a software platform and using commercial heavy duty quality CITGO energy oils you can achieve 3 percent fuel economy savings. Software such as FUELChex monitors fuel usage of each vehicle in your fleet.
A common practice for fleet management is to refuel in the morning rather than later in the day. Checking and replacing the air filter regularly will help keep the vehicle running smoothly. Another way to save money through fleet management is to use Oil Drain Interval Optimization. This strategy can triple the time between oil changes. It's part of CITGO's Guaranteed Efficiency Program.
Other Ways to Increase Fuel Efficiency
It's best to review the manufacturer's manual before making any type of adjustments to your vehicle. Pay attention to tire pressure and traveling with less weight. Only use an appropriate motor oil that is compatible with your engine. More fuel will be saved if you shut off the engine and restart than letting it idle for a lengthy period.
The key components to regularly inspect for keeping a vehicle in top shape are tire pressure, engine performance, oil level, and air filter quality. Using fleet management software is the key to gaining the greatest amount of fuel efficiency with your fleet. By targeting, measuring and monitoring specific metrics, you can make adjustments to your fuel cost planning.