Element Fleet Management Case Studies Truck Engineering

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	Truck Engineering Element Fleet Management

Truck Engineering

Element Fleet Management

Technology Category	Functional Applications - Fleet Management Systems (FMS)
Applicable Industries	Oil & Gas
Applicable Functions	Logistics & Transportation
Use Cases	Fleet Management
Services	System Integration
Challenge	A large customer in the oil and gas industry had more than 100 truck specs across all businesses and functions, making it nearly impossible to efficiently reassign vehicles when needed. Reassigned vehicles required additional upfits upon arrival, or to be sent elsewhere. Too many specs also extended and complicated the ordering process. The customer was looking to reduce the number of specs available but would need to get buy-in from both the current drivers as well as key decision makers within the company. Read More
About Customer	The customer is a large company in the oil and gas industry. They have a fleet size of 3,000 vehicles, including service/delivery/sales cars, light trucks, medium trucks, heavy trucks, and trailers. The customer utilizes a variety of services including accident, acquisition, and fleet partnership services. They also use a range of solutions such as fuel, maintenance, risk & safety, and title, licensing & registration solutions. Read More
Solution	Element Fleet Management initiated an annual Spec Summit for the customer’s internal stakeholders that represented various levels within the company. The Spec Summit brings in sample trucks, tires, inserts, etc., for attendees to view and select. Attendees work through business needs to rationalize spec options and obtain business buy-in. The Spec Summit led to a substantial reduction in the number of specs offered. Read More Log in to view content
Contents

Technology Category

Functional Applications - Fleet Management Systems (FMS)

Applicable Industries

Oil & Gas

Applicable Functions

Logistics & Transportation

Use Cases

Fleet Management

Services

System Integration

Challenge

A large customer in the oil and gas industry had more than 100 truck specs across all businesses and functions, making it nearly impossible to efficiently reassign vehicles when needed. Reassigned vehicles required additional upfits upon arrival, or to be sent elsewhere. Too many specs also extended and complicated the ordering process. The customer was looking to reduce the number of specs available but would need to get buy-in from both the current drivers as well as key decision makers within the company.

About Customer

The customer is a large company in the oil and gas industry. They have a fleet size of 3,000 vehicles, including service/delivery/sales cars, light trucks, medium trucks, heavy trucks, and trailers. The customer utilizes a variety of services including accident, acquisition, and fleet partnership services. They also use a range of solutions such as fuel, maintenance, risk & safety, and title, licensing & registration solutions.

Solution

Element Fleet Management initiated an annual Spec Summit for the customer’s internal stakeholders that represented various levels within the company. The Spec Summit brings in sample trucks, tires, inserts, etc., for attendees to view and select. Attendees work through business needs to rationalize spec options and obtain business buy-in. The Spec Summit led to a substantial reduction in the number of specs offered.

Impact #1	The reduced number of specs offered now more accurately meets the customer’s business needs.
Impact #2	The spec count was reduced by 73% as a result of the annual Spec Summit.
Impact #3	The reduced spec count increased the flexibility of the client to quickly redeploy units.

Impact #1

The reduced number of specs offered now more accurately meets the customer’s business needs.

Impact #2

The spec count was reduced by 73% as a result of the annual Spec Summit.

Impact #3

The reduced spec count increased the flexibility of the client to quickly redeploy units.

Benefit #1	Reduced spec count by 73%
Benefit #2	Reduced order-to-delivery time by 67%

Benefit #1

Reduced spec count by 73%

Benefit #2

Reduced order-to-delivery time by 67%

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Overview

Truck Engineering

Operational Impact

Quantitative Benefit