Reportlinker Adds Fleet Management Solution: A Powerful Management Tool with a Clear Business Case and ROI for Fleet Operators

NEW YORK, June 20, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Fleet Management Solution: A Powerful Management Tool with a Clear Business Case and ROI for Fleet Operators

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This Frost & Sullivan research service titled Fleet Management Solution: A Powerful Management Tool with a Clear Business Case and ROI for Fleet Operators provides return on investment (ROI) case studies, strategies and business model overview.

This analysis is available through our Automotive & Transportation Growth Partnership Services programme. With continuous access to intelligence and resources from all seven perspectives of the Complex Business Universe, the Growth Partnership Services programme ensures that you and your Growth Team™ are able to maintain a 360 Degree Perspective of the market. This comprehensive, objective information allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth.

Market Overview

Multiple Advantages Push Case for Telematics in Fleet Management

In today's transport and logistics industry, fleet operators face both internal and external challenges to improve their services and remain competitive. The recent global recession and ever-tighter margins have compelled fleet operators to achieve better cost management. Volatile and extremely high fuel costs, combined with penalty fees and communication outlays, have made such efforts extremely challenging. In order to both maintain existing customers as well as win new customers, fleet operators need to continuously monitor operations to identify opportunities to improve customer service, while offering optimal responsiveness and flexibility. Telematics has established itself as a powerful management tool that supports fleet managers in this endeavour by addressing major challenges and requirements.

"The potential ROI that fleet logistics can expect is primarily based on the optimisation of travel distance and total trip time," notes the analyst of this research. "Based on a recent case study conducted by Frost & Sullivan, it became clear that total travel distance could be reduced by approximately 1.15 per cent resulting in the fleet operator potentially saving up to euro 1,410 in fuel cost and up to euro 2,580 in other vehicle cost such as lease cost and wear and tear, when a telematics fleet solution was deployed." The research found tangible ROI, in terms of reduced wear and tear. In this context, better route planning enabled reduced damage on vehicles with savings that could add up to euro 9,500 per year. Increased productivity was another favourable outcome of using fleet management solutions; an increase of approximately 20 per cent in the numbers of jobs per day was observed by a public organisation, a definite increase from the previous average of 5-6 jobs per day.

Fleet Telematics to Support Multiple Operational Efficiencies and Cost Savings

Internal challenges such as duty of care, an increase in fleet size and the dearth of competent drivers in the industry remain issues that a fleet manager has to deal with on a daily basis. Legislative requirements such as restrictions on driving hours, reduction of emissions and traffic regulations have forced fleet operators to collect and archive data about their drivers and vehicles. Fuel costs, driver wages, vehicle maintenance and tyre wear and tear are the key costs that add up to nearly 62 per cent of the total operational outlay.

"Telematics can lead to a progressive ROI," concludes the analyst. "It can help to reduce direct expenses such as fuel cost by optimising route planning, improving operational efficiencies and driving revenue generation through top quality customer service and maximum flexibility."

Table of Contents

Objective and Scope 7

About Qualcomm Incorporated 8

Methodology of the Case Study 9

Trends and Challenges in the Fleet Management Industry 10

Key Challenges of Fleet Operators 11

Fleet Operational Cost and Benefits of Fleet Management Solution 12

Cost Saving Benefits by Using Fleet Management Solution 13

Cost Saving Leading to Return on Investment 14

Business Case Study of Return on Investment based on Qualcomm's Fleet Management Solution 16

Qualcomm –Mix of Products and Services 17

Qualcomm's Fleet Management Solutions and Benefits 18

Savings by Using Qualcomm's FMS

Reduction in Travel Distance 19

Reduction in Total Trip Time 20

Fuel Savings 21

Time Saving in Data Transfer 22

Other Benefits 24

Return on Investment 25

Key Conclusion 26

Appendix 27

About Frost & Sullivan 29

List of Figures

Qualcomm's Fleet Management Solution: Methodology for the Case Study (Europe), 2010 9

Qualcomm's Fleet Management Solution: Cost Saving Leading to Return On Investment (Europe), 2010 14

List of Charts

Qualcomm's Fleet Management Solution: Key Challenges of Fleet Operators (Europe), 2010

Qualcomm's Fleet Management Solution: Fleet Operational Cost and Benefits (Europe), 2010

Qualcomm's Fleet Management Solution: Cost Saving Benefits (Europe), 2010

Qualcomm's Fleet Management Solution: Cost Saving Leading to Return On Investment (Europe), 2010

Qualcomm's Fleet Management Solution: Mix of Products and Services from Qualcomm (Europe), 2010

Qualcomm's Fleet Management Solution: Different FMS from Qualcomm (Europe), 2010

Qualcomm's Fleet Management Solution: Reduction in Travel Distance (Europe), 2010

Qualcomm's Fleet Management Solution: Reduction in Total Trip Time (Europe), 2010

Qualcomm's Fleet Management Solution: Fuel Saving (Europe), 2010

Qualcomm's Fleet Management Solution: Time Saving in Data Transfer (Europe), 2010

Qualcomm's Fleet Management Solution: Additional Time Saving (Europe), 2010

Qualcomm's Fleet Management Solution: Additional Cost Saving (Europe), 2010

Qualcomm's Fleet Management Solution: Return on Investment (Europe), 2010

Qualcomm's Fleet Management Solution: Key Conclusion (Europe), 2010

To order this report:

Vehicle Renting and Leasing Industry: Fleet Management Solution: A Powerful Management Tool with a Clear Business Case and ROI for Fleet Operators

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Nicolas Bombourg
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