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How to reduce your fuel costs

Your company vehicle running costs can be some of the most expensive overheads that a company can have and with fuel prices fluctuating on a regular basis, there couldn’t be a better time to have a look at your fleet costs. As leaders in the fuel and fleet management industry, Fuelwise are able to provide you with the ultimate cost saving solutions that will benefit you and your fleet.

Here are 10 simple and efficient methods to manage your fleet costs.

  1. Reconsider how you purchase your fuel
  2. Telematics
  3. Monitor Driver and Vehicle behaviours
  4. Driver Training
  5. Correct vehicle specifications
  6. One Driver – One Vehicle
  7. Bodywork Aerodynamics
  8. Tyre Pressures and Condition
  9. Walk Around Checks
  10. Driver Challenge

 

1. Reconsider how you purchase your fuel

There are several ways that you can purchase your fuel, including fuel cards, credit cards, cash and bulk buying, however, fuel cards are recognised as the safest and securest way to purchase your fuel for your fleet. Check out the benefits of a Fuelwise Fuel Card.

2. Telematics

Fuelwise are the only fuel card providers in Ireland that integrate fuel cards with telematics, this innovative approach provides you with the data that puts you in the front seat of every vehicle you have. Not only are you able to locate your vehicles 24/7, you get access to key fleet metrics enabling you to understand how your vehicles and drivers are performing. Using this data you can make informed decisions that help to reduce your annual fleet costs. Fuelwise provide both Kinesis and atom telematics, suitable for fleets of all sizes, which can reduce your fuel costs by up to 20% annually.

3. Monitor Driver & Vehicle Behaviours

With Fuel Card Integration, you can start monitoring fuel consumption and driving style on vehicles. By getting complete visibility on fuel, our system will highlight current consumptions of the vehicles and target improvements in fuel efficiencies and driver health and safety. This benefits you as it reduces costs and keeps your drivers safe as well as other road users.

Individual vehicles and drivers are measured on key indicators such as speeding, harsh breaking, rapid acceleration and idling, leading to impressive and efficient changes to your drivers habits. With all key metrics available you can create targets for fuel consumption within your fleet or for individual drivers.

4. Driver Training

When you purchase a new vehicle for yourself or your fleet, the manufacturer will supply you with guidance to manage your new vehicle effectively. This support may include booklets, DVDs and driver instructions.

These support guides are often underappreciated as many don’t take the time to read or view them. However, taking time to learn from the resources will make sure you get the most miles from every litre of fuel possible, and will provide you with an insight on what information is key when using the fleet management software that comes as part of your Fuelwise package.

5. Correct Vehicle Specifications

Understanding your vehicle specifications is key  to reducing your fuel costs, for example, you need to know what your ideal power-to- weight ratio is. Another question to ask yourself is, are you a local multi-drop operation or a long distance haulier?

Too little power can waste fuel and increase journey times, contributing in extra fuel being used than required.

6. One Driver – One Vehicle

A “One Driver – One Vehicle” policy is beneficial not only for fuel saving reasons, as a driver allocated their own vehicle will take care and pride as they are solely responsible for that one vehicle. Furthermore, a “One Driver – One Vehicle” policy can result in savings, such as lower maintenance costs, longer tyre life, reduced brakes and clutch wear, amongst others.

This policy will also enable you to get an accurate comparison between each driver, identifying those who could do with checking out this guide.

Not forgetting those of you with multiple driver vehicles, we provide a key fob for each of your drivers, meaning it is possible to know the fuel usage of each driver who uses one specific vehicle. This couldn’t be easier to use as all your drivers have to do is swipe their key fob as they enter the vehicle, all that is left is to wait for your great insights to come through.

7. Bodywork Aerodynamics

Reducing the gap between tractive units and trailers reduces air pressure, as does running smooth sided bulkers. Impressive fuel consumption reduction figures are being reported for the latest ‘snoop-nosed’ high-roof curtain sided trailers. More modern vehicles are designed with this in mind, so do your sums: perhaps the cost of upgrading can be offset against the savings from a more aerodynamic and economical vehicle?

8. Tyre Pressures And Condition

For optimal fuel consumption, truck and trailer tyres should always be inflated to the manufacturer’s recommendation. Not doing this will result in extra rolling resistance which means more fuel being used and increased fuel expenditure for you. It is also recommended that pressures are checked regularly.

9. Walk Around Checks

Simplifying the process of vehicle checks, save time and eliminate paperwork while maintaining safety standards and legal compliance couldn’t be easier. We provide all customers with free access to our Vehicle Check app.

10. Driver Challenges

Challenges add competition and this may encourage your drivers to lower their fuel consumption, especially if they were to receive some of the savings. You don’t even need to worry about all of your vehicles being different; you can check each model against the manufacturers stated fuel consumption figures.

By taking the above guidance you begin to notice a difference in the performance of your drivers and vehicles which will help to reduce your fuel costs.

Why our customers choose Fuelwise
VES Transport

VES Transport

“I have been using Fuelwise fuel cards for many years and both the product and level of service is exceptional. To manage my business daily I use Velocity to monitor fuel spend and transactions and e-Route helps my drivers find any of the thousands of sites available with the Fuelwise fuel card. My Account Manager is always on hand to help and goes the extra mile to ensure everything is running smoothly”.

MDE Installations

MDE Installations

“Fuelwise is very customer focused and were able to provide what I needed for this project where others couldn’t. The e- Route app helps our engineers find Core sites instead of Non-Core sites which helps with efficiencies and cost savings. Velocity is well managed, and I can create plenty of reports and my Account Manager is always on hand to help. With GPS Tracking built into Velocity I can view distance travelled, speed etc. and driver contact details without having to open another system.”

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