What’s keeping Fleet Managers awake at night?
A recent article published online* has revealed that the top issue keeping Fleet Managers awake at night relates to driver shortage and retention.
Just over 100 Fleet Managers were interviewed via an in-depth survey, which revealed the top seven concerns as follows:
- Driver and technician shortage/retention
- Regulatory compliance
- Total Cost of Ownership (TCO)
- Declining equipment usage
- Fluctuating fuel prices
- Freight rate fluctuations
- The economic outlook and profit margin concerns
The article also provides some interesting safety insights relating specifically to driver safety technology:
- The main motivators for purchasing specific safety technology solutions include reduced accident rates, improved driver monitoring and increased ability to take preventive measures.
- According to those surveyed, the consensus is that there are too many disparate safety systems available today and that Fleet Managers prefer a single solution, offering multiple capabilities and functionalities such as driver monitoring, video and automatic emergency braking to help reduce spend on such technologies.
- Vehicle and driver monitoring (including mobile asset monitoring) now rank as the most important factors for Fleet Managers when purchasing telematics solutions.
- 92% of Safety Managers and 78% of Maintenance Managers expressed an interest in remote diagnostics/prognostics data integration with their own maintenance management systems.
What will be interesting to see is whether the 2017 annual report from Frost & Sullivan will reveal the same top seven concerns or whether there will be a shift in emphasis in terms of priorities. So while we know what keeps Fleet Managers awake at night now, what will it be in the future?
*More information is available in the Fleetowner article published here.