Top 10 Biggest Challenges Faced by Fleet Managers

The logistics industry, which is projected to employ over 22 million people in India alone and generate $380 billion in revenue by 2025, is the backbone of the world economy. But because it’s not well organized in the nation, inefficiencies might appear down the value chain. As they work to maximize freight movement, cut expenses, and grow their companies, fleet managers are most impacted.

Let's examine a few of the typical difficulties fleet managers encounter:
1. Acquisition of Vehicle:
Finding a new vehicle to make up for any shortfall in their fleet’s life cycle is one of the top priorities for fleet managers. Given that the prices can add up when taxes and insurance are taken into consideration, this has significant effects on capital availability and budgeting.

Size of the vehicle and the amount of load that each network node can carry are important considerations since the fleet management has to take downtime redundancies and utilization rates into account. This decision is made much more laborious by the availability of improved technology and driver training.

Solution:
Fleet management solutions give you all the information you need to make a purchase decision. This Fleetable digital solution can handle the whole vehicle life cycle and keep an eye on your assets’ condition.

2.Insufficient digitalization:
Because manual processing and paper systems can lead to anomalies in your business processes, managing a modern supply chain with antiquated technology is a surefire recipe for disaster. Insufficient data collection puts you behind your competitors, and a lack of technology precludes the prospect of analysis or valuable insights. People are reluctant to accept new ideas, and accepting modern technology comes at a significant cost. These are challenges that fleet management must overcome.

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