You won’t have budgeted for the fuel drop
Fuel price competition provide fleets with opportunity to make new savings, says Chevin
Increased competition in oil and petrol fuel prices is providing fleets with a real opportunity to make new operational savings, says fleet software specialist Chevin Fleet Solutions.
With the £1 litre now a reality in some parts of the country and oil prices set to remain low in the medium term, a proactive managerial approach could deliver substantial savings against planned fleet budgets.
Ashley Sowerby, managing director, said: “When fleets were writing their current budgets, it is fair to assume that the vast majority did not foresee petrol and diesel prices falling in the relatively dramatic fashion we have recently experienced.
“Fleet managers will rightly view these savings as a bonus but they should not sit back. Instead, they should ensure they are benefitting from the price competition that we are seeing. With a little online research to find the best prices available and by using their fuel cards and fleet software, they will be able to do even better.”
Simply guiding drivers towards the cheapest local outlets available could easily give you an extra five pence per litre above what you are already saving through the general price decreases across the market. A companies fuel card data and the analysis tools available in their software will also let them see which drivers are complying and demonstrate the kind of savings that are being achieved.
