Are you guilty of making spur of the moment decisions when it comes to your company's fleet? If so, you are not alone. Unfortunately, when you react to problems in the spur of the moment instead of being proactive and planning ahead it may lead to more issues in the future.
Many business owners decide to partner with an independent fleet leasing and management company so they can stay one step ahead for them. Below are several reasons why you should consider hiring a professional vendor to be proactive when handling your company's fleet management.
Reason #1: You'll Be Able to Quickly Anticipate Problems and Develop Solutions
Companies must be strategic if they want to succeed and beat the competition. A fleet leasing and management company can be proactive and use their technology to help you make better business decisions.
For example, they can provide detailed data and insight that can make it easier for you to decide whether you should buy or lease a new company vehicle. Overall, the vendor can provide you with several tools that will allow you to anticipate potential problems and quickly resolve them.
Reason #2: Preventative Maintenance Can Lower Your Fleet Expenses
You should also consider using a fleet management approach since their preventive maintenance will lower your overall fleet expenses. This type of proactive activity can give your vehicles a longer lifespan.
Since vehicles are depreciating assets, the longer you keep them up and make sure they are well maintained the more your business will save in the long run.
Reason #3: Your Business Will Be More Efficient and Productive
According to Fleet Answers, an organization that publishes industry specific data about fleets, you can lose anywhere between $400 and $700 every day one of your vehicles are not on the road.
This means that every time one of the vehicles in the fleet is down for maintenance or repairs it can cost your business a considerable amount of money. When you work with a professional fleet management company they can help decrease your vehicle's downtime, mitigate other financial risks and make your business more productive.
Reason #4: Your Vehicle Repair Costs Will Be Lower
The 2018 Vehicle Health Index reports that the national average to repair a vehicle cost $357.45. When combined with the cost of labor and other expenses, vehicle repairs can really add up (especially if you own a large fleet of vehicles).
Companies that decide to partner with fleet management companies that use proactive strategies can usually enjoy lower repair costs.
Reason #5: You Can Receive Professional Advice and Feedback
Another advantage of partnering with another vendor to manage your company's fleet is that their experts can provide valuable feedback that can help your business. Regardless if you have a dedicated account manager or can depend on a team of people, they can answer questions about the fleet's performance and give other advice to improve your business.
Business Insider revealed that 20% of all small businesses fail in their first year, while 30% of small business fail the following year and 50% of them close after celebrating five years in business. An estimated 70% of small business owners fail a decade after they first opened their doors. Their insight can help your business succeed and beat the odds.
Contact Wilmar Inc. Today
Please contact us today to learn more about our proactive fleet management services. Wilmar is one of the largest independent leasing and fleet management companies in the Southeast. Our core philosophy is to provide customized fleet solutions for each client based on their specific needs.