As we all know from the article above, fuel isn’t getting any less expensive. We’ve all heard the predictions, projections and prognostications about what is going to happen with diesel fuel prices. We believe it’s pretty clear that no one really knows. Therefore, the only true things you can worry about are the things within your control.
How can your company control its fuel management variables?
1. Have a fuel management system
2. Price Insurance (Hedging), keep your diesel fuel prices within your budget
3. Review all diesel fuel prices and diesel fuel additives pricing
4. Monitor MPG with your fleet cards or fuel card program
5. Idle Policy save money of fueling and the enviroment
6. Fuel Card Program – with solid controls on each fleet card or fleet credit card services
7. Benchmark your fueling costs for all deliveries from fuel companies cost over OPIS, diesel fuel prices
8. Educate your drivers about fueling costs and what they need to do to reduce fleet fuel usage
9. Unless your fleet manager, truly understand the fueling industry, don’t let them manage the fleet management program for fueling, you are putting your fleet manager in a no win spot
10. Audit all fuel companies deliveries, fleet credit card, fuel cards, mobile fueling for added fuel savings or potential diesel fuel theft for your fleet companies
Controlling the controllables in your fleet companies is not a one-time fleet management solution. It needs to be reviewed, monitored and followed up on. If not, your company is probably leaving thousands of dollars on the table every month. Need help?
Is your company concerned about diesel fuel prices? Is it running a hundred miles an hour in another direction than you want your fuel management system to go? Are you not sure how or if we can help you with fuel savings? Just give us a call at 267-482-6155 or visit www.sokolisgroup.com. Our staff will be happy to answer any questions you might have with fuel credit card, fleet companies, diesel fuel additives, fleet management solutions or just what is your fueling costing you. Remember if no one is watching your fuel management system or fleet management programs, how does anyone expect fuel savings to occur or even worse over spending on your fleet fueling program.
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