If you are responsible for managing a fleet of cars, trucks, rentals, or RVs, you are on the verge of significant industry changes. With the pandemic subsiding and tourism rebounding, more people are traveling, and with the return to pre-pandemic activities, there is a growing demand for vehicles. Moreover, technological advancements are creating an exciting moment in fleet management. The increasing availability and affordability of equipment provide more data and enable better-informed decisions about fleet inventory. However, new technology comes with its challenges, and you need to be prepared to manage your fleet effectively.
Let's examine some of the top fleet management trends for 2023 and how you can best prepare for them.
Increasing Electric Vehicle Adoption: Perhaps the most critical trend that affects the entire automobile and fleet management industry is the expected widespread adoption of electric vehicles. With consumers becoming more environmentally conscious and the government investing more in this technology, it is evident that people want to drive electric cars more often. Furthermore, this trend is not just limited to personal vehicles: Electric RVs are also emerging.
This shift in consumer behavior could result in significant changes in fleet management. You will need to adjust various aspects of your business, including maintenance, vehicle history, and vehicle inventory. In addition, you will have to procure different parts, maintain electric vehicle charging stations, and educate your customers about the charging locations. Although these issues are not insurmountable, you will need to adjust your technological tools to meet this increasing demand.
Persistent Supply Chain Issues: The supply chain disruptions that arose after COVID-19 are not entirely resolved. As a result, fleet managers must be more proactive in planning and engaging in preventative maintenance. By adjusting maintenance and vehicle health problems, you can ensure that your cars and RVs have the parts they need to continue operating. Therefore, fleet managers must anticipate maintenance issues and establish better relationships with repair operations and suppliers.
You require comprehensive vehicle health tools to monitor any vehicle maintenance issues. Addressing potential issues proactively allows you to perform a less expensive repair before resorting to a more costly replacement. Furthermore, you need an extensive inventory tracker to know what vehicles are in your fleet, their age, and when they may require maintenance or replacement. This information enables you to anticipate and manage any repair or replacement work, ensuring that you are well-prepared for the future.
Increased Usage of Dashcams: The use of dashcams is expanding rapidly, driven by declining prices, increasing storage capacity, and improved usability. This means consumers and business owners can use dashcams to monitor for accidents and provide evidence in case of a road incident.
For fleet managers, dashcams are highly useful for monitoring driver performance, recording accidents, and integrating with other vehicle services. However, purchasing them for your entire fleet can be costly. Comprehensive dashcam solutions, such as those offered by CarX, can provide diagnostic data, saving you money and creating a more functional system.
Regardless of the dashcam program you choose, you will need to create systems that enable you to export and record data, ensuring that you have footage of incidents on the road when you need it.
More Data, More Challenges? The sheer volume of data available to fleet managers can be overwhelming. Automated vehicle health alerts, fuel monitoring, and valuation tools are among the numerous services making it easier to stay informed about the health and productivity of your fleet. This technology can make your life much easier, providing you with a wealth of information about your vehicles at the touch of a button, regardless of whether the vehicle is in a lot or with a customer.