17.4 Fleet Budgeting and Controlling Costs

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Fleet Budgeting and Controlling Costs

Controlling the cost of the fleet becomes an increasingly difficult problem as a company grows and adds to its fleet. This is where the process needs to be established in order to view KPI’s as the exception measurement tool on fleet costs.

Vehicle Costs - Controls and Budgeting

All companies should have a key performance indicator for the vehicle costs inside of the company. The costs inside this category of overhead can easily spiral upwards and out of control eating away at profitability. This video focuses on the processes to implement to maintain a budget and remain inside the KPI of 4% or less for fleet costs. Pricing can impact the KPI percentage here so this video is a comprehensive look at costs, budgeting and measurement.

Run Time: 15:24