The choice regarding whether or not to outsource fleet maintenance is a decision that’s made on a case-by-case basis depending on the organization and the goals of the fleet. Outsourcing fleet maintenance can save money. Providers compete on cost & quality to gain business when a company outsources fleet maintenance. Some of the top priorities for optimization include cost and quality.
Most customers save 5–15%, increasing fleet availability. Benefit costs, payroll elimination, parts procurement costs, inventory costs and accounting expenditures can cause fluctuations.
Combined Billing
To make your invoices simpler, we combine your vendor invoices including your maintenance shop fees into one monthly bill. On the backend, this saves a lot of headaches and time and can translate to saving money on your overall operational costs. Depending on the size of the company, customers who use Vector Fleet save between 3% and 6% on average.
Less Downtime
Reducing downtime for vehicles is a major benefit. A loss in profits is almost certain to occur when a vehicle is down and not working. Losing revenue, capacity, & payroll can cost thousands per day.
You need a working vehicle that can get to the shop quickly and head back on the road again. Is your fleet operational over a longer distance? Drivers might get into the regional/national provider’s shop before returning to the in-house hub.
Enhanced Resources
The economies of scale are usually in your favor with outsourced fleet maintenance. You will be able to access better resources such as best practices for your industry and the benefits of soft costs in order to access cutting-edge technology. Most maintenance fleets that are in-house don’t always allow this.
Increased Productivity
Outsourcing maintenance allows you to avoid employing certified mechanics and can also help save you money through improved fleet operations. You will not have to conduct endless training to keep the skills of your mechanics sharp or quickly try to fill an opening for a new mechanic if one resigns.
Vector Fleet Management sees increases in productivity as tangible fleet availability. Our processes and maintenance solutions normally increase fleet availability from 5% to 10%.
Hands-On Approach
You will be able to address built up task backlogs with greater efficiency than you were able to do when the maintenance was still done in-house.
Your fleet will also be able to prevent small issues from becoming expensive major repairs by becoming more proactive.
Not every fleet is the same. When determining whether you should outsource fleet maintenance, consider what your goals and your budget are first. Never overlook how much you might save with outsourced fleet maintenance.
Contact us today for a free fleet maintenance cost analysis and see how our fleet management service can improve performance and lower costs.
