Contractors can identify hidden fleet costs with technology

Any commercial construction or contracting supply company knows all too well how expenditures hidden in its fleet can significantly eat away at profits.

For example, the data collected by the fleet management software can help determine the most cost-effective life cycle of a vehicle.

There are a few ways to easily avoide “hidden” costs.

Periodic visits to the mechanic allow problems to be detected early before they become exacerbated, which results in substantial long term savings.

Vehicles should be retired and sold when servicing costs and downtime start to increase but resale costs are still meaningful.

Fleet management no longer has to rely on using arbitrary metrics and numbers as it was done in the past.

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