What does a fuel management system do?
History of Fuel Management
Fuel management is the method of regulating fuel consumption and the cost of fuel. Over many, many years, fleets controlled petrol. Fleets had relied on manual controls before they used computers. It meant that fleets were gathering data by pen and paper.
Instead, fuel handling got a lot simpler when computers arrived. Fleets documented fuel data using spreadsheets and ID chips.
Of course fuel control systems have become much simpler in today’s generation. The Internet’s arrival not only allowed fleets to collect data but also to collect it in real-time. Then, fleets can store the data and produce cool reports to calculate and reduce fuel costs.
The Modern Fuel Management System
How does current technology operate with a fuel-management system? Not all systems for handling fuel are alike.
Some systems are still quite basic and the use of fuel cards and spreadsheets is limited. Certain systems include devices in the black box that allow fleets to dig deeper into the fuel details.
The Geotab program is an outstanding example of this latter one. Geotab’s fuel management system works by plugging in a vehicle’s black box unit. The system then collects data on the fuel and can be used to produce reports.
Trended Exception Reports
The knowledge of their use is a big part of managing power. Cutting back on poor driving habits will reduce fuel consumption.
Fuel management systems capture driving data and compare driver-to-driver performance. Managers would be able to build exception reports based on fleet policies. Instead, these reports inform managers which drivers need additional training and which vehicles need maintenance.
Fuel Tracker & Fuel BI
The procurement of fuel itself is another major part of handling electricity. Fleet operators are in charge of buying fuel at the highest offer.
Fuel management systems monitor how much and when fuel was bought and where it was bought. This information is then collected in a report that allows fleets to use the information to find the best fueling spots and avoid suspicious transactions.
CO2 Emission Report
Reducing CO2 emissions is not only environmentally friendly but can also help fleets with their bottom line. Regulations for regulating greenhouse gas emissions exist in many states and provinces. The fleets that perform best can earn a tax benefit.
Fuel management systems help companies reduce CO2 emissions by creating reports to compare the performance of the vehicles. It highlights which units will need the most work to get greener.