5 Ways Telematics can reduce your Fleet’s Fuel expenses

5 Ways Telematics can reduce your Fleet’s Fuel expenses

“Lebanon raises fuel prices again” - Al-Monitor

“Cost of fuel exceeds minimum wage in Lebanon” - Asharq Al-Awsat

“New fuel prices released by the ministry of energy” - L’Orient le jour

Today’s gas prices are record-breaking, with the average cost of fuel per gallon hitting LBP 665,000 in the past few months. And, to add insult to injury, these price increases have hit during Lebanon’s busiest season. Reducing the fuel costs for your fleet is not just an extra operating expense reduction strategy anymore—it’s a necessity.

How much more money will you continue to spend if you don’t invest in telematics to monitor and reduce your fleet’s fuel consumption?

In many industries, fuel is the most expensive overhead expense. And when their vehicles perform poorly in fuel efficiency parameters, businesses pay unnecessary expenses. An efficient fuel management system reduces fuel consumption and assists businesses in saving significantly on operational costs.

The solution is ‘MaliaTrack’.

MaliaTrack provides five telematics tools that will help your monitor and reduce fleet’s fuel consumption, putting green back in your pocket.

Let’s go over the ways MaliaTrack’s cost-reducing telematics tools can save you money.

1. Reducing Idling

Idling is a fuel-drainer. Depending on engine size and air conditioning usage, it can consume up to 2 liters per hour. Drivers may intentionally leave their engines running to charge their phones, listen to music, or cool off on a hot day, or they may simply leave it running while loading or unloading. As a general rule, engines should be turned off when parked, first and foremost for safety, but also because it only takes 10 seconds to restart your vehicle.

MaliaTrack lets you set idling policies, specifying the idling permitted per vehicle type and location, allowing you to identify and address any idling issues and ultimately save money on gas.

2. Tackling Aggressive Driving

Reducing aggressive driving is a simple and effective way to save on gas costs. Excessive speed, rapid acceleration, and harsh braking all reduce a driver's fuel efficiency. MaliaTrack manages these bad driving habits via driver feedback notifications and exception reports, which deter this type of driving and, as a result, improve kilometers spent per tank.

3. Monitoring Fuel Usage in Reports

Fuel usage reports enable fleet managers to monitor fuel consumption. You can calculate the exact fuel spent per trip, driver, and vehicle by entering your car's average consumption in winter and summer, in the city and outside it.

4. Route Optimization

MaliaTrack’s route optimization module provides your fleet dispatcher with an excellent tool for reducing the number of vehicles used, delivering in less time, and traveling fewer kilometers.

5. Decreased Vehicle Misuse

Fleet vehicle misuse can increase fuel consumption by 20% or more. Do you know if your drivers using vehicles after hours, for long distance lunch breaks, or for personal errands? MaliaTrack will automatically notify you when drivers enter and exit their operating zones. You will also be notified when vehicles are used outside of business hours or on weekends, ensuring that your company's resources are only used for business-related tasks.

Bonus: Preventative Maintenance and Expense Management

MaliaTrack's Fleet Management module provides you with a preventive maintenance tool as well as expense management (accidents, fuel fillings, repairs, etc.), allowing your vehicles to be 35% more fuel-efficient than unmaintained vehicles.

Most fleet managers rely on drivers to keep their vehicles in good working order or to notify them when maintenance is required. Many people also use paper or spreadsheet-based maintenance schedules, which require a lot of manual labor. MaliaTrack employs automatic alerts for vehicles in need of maintenance. Fleet managers can pre-set mileage for tire and oil changes, tuning, and scheduled service jobs. This virtually eliminates the need for manual record keeping and lowers your fleet's maintenance costs.

Don’t pay more than you have to for fuel. Call us today to get a quote on personalized telematics solutions for your fleet—and start saving.

Call us on +961 81 676 782 to get a quote on personalized telematics solutions for your fleet; and start saving.