Fuel Economy and Maintenance Strategies to Combat Today’s Supply Chain Issues and Rising Fuel Costs

Today’s fuel prices have re-introduced a bevy of asset management challenges for fleets that significantly impact the bottom line of every fleet organization. This is especially a concern since fuel is the largest component of total cost of ownership (TCO) for any fleet. And while it is challenging to procure new trucks, it’s equally important to have a solid fuel economy and maintenance strategy to identify where costs are eroding the bottom line.

December 14, 2022

Fleet professionals are struggling with pinpointing “why” and “where” their costs are rising, important questions often asked by C-level executives. The simple answer is that inflation is driving all prices up. Extended life cycles are driving costs up, too. Additional maintenance, repairs, component parts and fuel degradation — not to mention rising labor rates for drivers, mechanics and third-party providers — are all expensive.

Read the full article here:

https://www.supplychainbrain.com/blogs/1-think-tank/post/36231-fuel-economy-and-maintenance-strategies-to-combat-todays-supply-chain-issues-and-rising-fuel-costs

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