Increased Loss Recoveries: It takes time and effort, but effective recovery of repair and other related expenses from third-party drivers significantly reduces the net cost of fleet accidents. Fleets that collect every naira they’re due from accidents caused by non-fleet drivers can offset repair expenses by as much as 20% to 25%.
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For years, under pressure from senior management, the fleet world has been scrambling to cut expenses. To their credit, fleet managers have responded to the challenge in a variety of ways, from “rightsizing” to extending the service life of their vehicles and making their fleets more fuel-efficient. Another approach, however, has yet to be fully exploited by the fleet industry […]
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Many professional fleet managers will readily tell you that the effectiveness of your fleet management strategies is directly dependent on the quality and appropriateness of your vehicles. It therefore goes without any gainsaying that regardless of the types of vehicles in your fleet, selecting the right vehicles for your different job applications is critical to meeting your business goals.
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A renowned author in the field of Business Management, Peter Drucker, once said that quality in a service or product is not what you put into it but what customers get out of it. Experience has also thought many that the cheapest and the best advertisement you can get anywhere in the world is a ‘Pleased or Satisfied Customer’. […]
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Documentation Sufficiency State consolidated emblems, state gaseous emission pass, state driver’s badge, Niger Delta Development Permit, National Union Stickers, Inter-Auto Trade Supply Permit, Vehicle operational Permit…e.t.c. and other mandatory emblems without which your journey beyond the western states could be a living hell in the hand of touts and local government officials. The set you obtained for both the full […]
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Measuring Overall Performance A Director or Senior Manager within a company is likely to be most interested in overall performance and bottom-line financial results. For a haulage company incorporating warehouse operations, these could be measured by the following KPIs: Overall cost of deliveries, such as cost per case/pallet Total transport cost per trip Total transport cost per drop Total transport […]
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Logistics management is that link in the supply chain that plans, implements and controls the efficient and effective forward and reverse flow and storage of goods between point of origin and point of consumption. Every properly established integrated haulage services company is in the business of logistics management and the role they play is an integrating function involving the coordination […]
Continue reading »EFFICIENT EQUIPMENT AND SYSTEMS Many will say that the success or otherwise of any haulage business has more to do with the quality and specifications of operational assets. They are right! Every asset or vehicle deployed in the execution of haulage business has its peculiarities, uses and suitability for the job at hand. It is therefore important to understand how […]
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FUEL MANAGEMENT SYSTEM With fuelling accounting for 30% (if not more) of the operational cost of most haulage businesses, it will make a lot of sense to state that a policy geared towards reducing fuel consumption or getting better mileage for same volume of fuelling will most assuredly impact positively on haulage operational efficiency and performance. Within the haulage industry […]
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Generally speaking, Performance in any business is measured in terms of the relationship that exists between the resources deployed towards the sustenance of that business or enterprise and the end-result as measured by the output or value of product/service thereby generated. Haulage business in Nigeria in the last 5years has witnessed tremendous growth in terms of the quantum of fresh […]
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In haulage business, Replacement Policy is one of the most critical aspects of fleet management which should be of considerable interest to business owners. Nearly every other cost, both fixed and variable, hinges upon when vehicles are replaced. Maintenance and repair expense, fuel efficiency, and of course, depreciation are all sensitive to replacement policy. REPLACEMENT POLICY DEFINED: ITS RELEVANCE […]
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SKILLED AND HIGHLY EFFICIENT WORKFORCE The employees of all businesses not excluding those operating in the haulage services industry play vital and indisputable important roles in the delivery of the goals and ideals of the business. They constitute the main asset and therefore investing in creating capacity through appropriate training and skill development programmes which will facilitate an improvement in […]
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