Element Fleet Management
Case Studies
Strategic Consulting uses business intelligence tool to dig for deeper savings
Overview
Strategic Consulting uses business intelligence tool to dig for deeper savingsElement Fleet Management |
Analytics & Modeling - Big Data Analytics | |
Oil & Gas | |
Logistics & Transportation | |
Fleet Management | |
Data Science Services | |
Operational Impact
The company was able to identify underutilized vehicles that did not serve business needs and eliminate them. | |
The company was advised to promote the use of National Accounts specifically for tire purchases and oil changes to take advantage of lower costs. | |
The company was recommended to take advantage of CNG capabilities in existing vehicles to lower fuel costs. | |
Quantitative Benefit
The total potential savings identified exceeded the requirement of 1 cent per mile and delivered a potential 2.3 cents per mile savings. | |
This is equivalent to $115,000 in total annual savings (or 4.2% of the customer’s fleet spend). | |