CASE STUDY

Fleet Management Delivers 15% Reduction in Fleet Operation Costs for Oilfield Services Company

Sep 22, 2016

Business Challenge

Optimization of fleet operations to reduce costs.

A leading oilfield services company wanted to optimize its fleet operations in order to reduce costs in the management of its fleet and improve revenues.

After attending one of our seminars on fleet management, the client decided to connect with us to leverage the benefits of a superior fleet management function.

Situation Offered

High fleet management costs incurred due to improper management.

The client wanted to reduce the costs it incurred due to regular vehicle breakdown, the high fuel consumption of its vehicles, and delivery delays. The client wanted to complete fleet management solutions in order to identify, predict, and eliminate any problems relating to fleet operations.

Approach

Fleet management analytics and predictive modeling.

We integrated all of the client’s logistics data on a single platform and used fleet management analytics to map each vehicle usage, vehicle fuel consumption, time taken across regular routes, capacity, and idle time, in order to optimize fleet management and ensure on-time transportation schedules.

Request a free proposal to know more about the benefit of fleet management solutions

Impact

Improved customer satisfaction and revenues.

The client used our insights to predict vehicle problems, schedule preventive maintenance and ensure that the fleet operations are efficiently managed. This reduced idle time, delays due to vehicle breakdown, and reduced the cost of distribution significantly, which the client was able to pass on to its customers.

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