Fleet life cycles which includes fleet selection and acquisition pdf
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From lifecycle cost analysis to driver safety, these products examine core competencies of fleet management as well as subjects of particular interest in a wide variety of formats. Available Publications Asset Management Guide e-Download This guide covers Asset Management responsibilities such as vehicle selection, procurement, commissioning, disposal, remarketing and decommissioning.
Poor reliability would greatly increase life cycle costs of the systems, and reliability based design must be carried out if the system is to achieve its desired performance. Additionally, optimal level of repair is determined to reduce life cycle costs of the fleet systems. Traditionally for such systems, reliability design and level of repair analysis is done sequentially. It is hypothesized in this research that such decisions have interaction effects and hence simultaneous optimization of reliability design and level of repair would improve the life cycle performance of the system. Present paper aims to develop a decision framework for simultaneous selection of reliability design and level of repairs for fleet systems.
Fleet vehicle management can include a range of functions, such as vehicle leasing and financing, vehicle maintenance, licensing and compliance, supply chain management, accident management and subrogation, vehicle telematics tracking and diagnostics , driver management, speed management, fuel management, health and safety management, and vehicle re-marketing.
These functions can be dealt with by either an in-house fleet-management department or an outsourced fleet-management provider. The number of light duty vehicles registered in commercial fleets in Europe  as of was 15 million, and The range of functions involved in fleet management are highly interrelated and generally integrated.
While some services and products can be engaged separately, an overall system that integrates the data from various functions is required for optimal performance. Vehicle tracking systems provide a number of data points regarding engine diagnostics, driving behaviors, and geo-location. But there are a multitude of other data points outside of vehicle tracking systems that significantly impact fleet performance. Fuel transaction data, maintenance repair data, individual vehicle documents such as vehicle registrations, titles, and travel permits, supply chain data including vehicle and equipment specifications, warranties, build and delivery data, and vehicle identifying data, and driver-centric data such as acceptance of fleet policies, completion of required safety training, as well as demographic data on job types, all contribute to the fleet data pool.
The more specialized functions a fleet performs, the more systems and data points are involved in integration. A key component in fleet management systems, is the vehicle tracking component. Methods for data transmission include both terrestrial and satellite. Satellite tracking communications, while more expensive, are critical if vehicle tracking is to work in remote environments without interruption.
Users can see actual, real-time locations of their fleet on a map. This is often used to quickly respond on events in the field.
An advanced fleet management systems FMS can connect to the vehicle's onboard computer, and gather data for the user. Data such as mileage and fuel consumption are gathered into a global statistics scheme. Highly developed fleet management and vehicle telematics systems collect a full range of data in real-time and for transport and fleet managers.
By combining received data from the vehicle tracking system and the on-board computer, it is possible to form a profile for any given driver average speed, frequency of detours, breaks, severity of manoeuvres, choice of gears, etc. This data can be used to highlight drivers with dangerous habits and to suggest remedial training applicable to the issues, or to ensure that drivers are meeting KPIs.
Fleet management apps have shown to reduce driving incidents. Many fleet management and vehicle telematics systems use geofencing to enhance asset security. Geofencing allows any internet-enabled device with a GPS or asset tracker application to set up a virtual boundary around a particular location using mapping technology. It also enables users to establish action triggers, such that when an asset enters or leaves the pre-defined boundaries, users receive an alert — either via text messages, emails, or push notifications.
Fleet management software enables people to accomplish a series of specific tasks in the management of any or all aspects relating to a company's fleet of vehicles. These specific tasks encompass all operations from vehicle acquisition to disposal. Software, depending on its capabilities, allows functions such as recording driver and vehicle details, the tracking of procurement costs, scheduling of maintenance and servicing tasks, import of fuel transactions, route optimization, and measuring of fleet performance via reports and charts.
Fleet management also refers to the management of ships while at sea. Shipping fleet management contracts are normally given to fleet management companies that handle aspects like crewing, maintenance, and day-to-day operations.
This gives the ship owner time to concentrate on cargo booking. Recent advances in fleet management allow for the addition of over-the-air OTA security and control of fleet vehicles.
Fleet Security and Control includes security of the vehicle while stopped or not in operation and the ability to safely disable a vehicle while in operation. This allows the fleet manager to recover stolen or rogue vehicles while reducing the chance of lost or stolen cargo.
The additional of Fleet Security and Control to a fleet management system gives a fleet card manager preventative measures to address cargo damage and loss. Remote vehicle disabling systems provide users at remote locations the ability to prevent an engine from starting, prevent movement of a vehicle, and to stop or slow an operating vehicle.
Remote disabling allows a dispatcher or other authorized personnel to gradually decelerate a vehicle by downshifting, limiting the throttle capability, or bleeding air from the braking system from a remote location. Some of these systems provide advance notification to the driver that the vehicle disabling is about to occur. After stopping a vehicle, some systems will lock the vehicle's brakes or will not allow the vehicle's engine to be restarted within a certain time-frame.
Remote disabling systems can also be integrated into a remote panic and emergency notification system. In an emergency, a driver can send an emergency alert by pressing a panic button on the dashboard, or by using a key-fob panic button if the driver is within close proximity of the truck.
The timely replacement of vehicles and equipment is a process that requires the ability to predict asset lifecycles based on costing information, utilization, and asset age.
Organizations prefer to use new fleet as a strategy for cost reduction where the used fleet is sold so that a new fleet is maintained. Funding requirements are also an issue, because many organizations, especially government, purchase vehicles with cash. The ad hoc nature and traditional low funding levels with cash has put many operations in an aged fleet.
This lack of adequate funding for replacement can also result in higher maintenance costs due to aged vehicles. In the UK, in April , the Corporate Manslaughter Act was strengthened to target company directors as well as their drivers in cases of road deaths involving vehicles used on business. They will bring prosecutions against company directors who fail to provide clear policies and guidance for their employees driving at work.
In particular prosecutions can be brought against company directors for failing to meet their duty of care and allowing HGV driver hours to exceed the legal limits. Directors and business owners may not be aware that privately owned vehicles used for business journeys are treated exactly the same as company owned vehicles.
Directors have an equal responsibility under the law to ensure these vehicles are also roadworthy and correctly insured.
Every employee driving for business is required to sign up to the policy. In this way the directors can reduce the risk of being prosecuted and a possible custodial sentence. From Wikipedia, the free encyclopedia. This article is about the management of vehicle fleets. For the company, see Fleet Management Limited. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.
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Understanding total cost of ownership
Most sport and recreation facilities in Western Australia are built or refurbished with funding from the department. An important part of the funding process is to make sure the community can bear the true cost of running and maintaining a facility well into the future. These Life Cycle Cost Guidelines provides facility owners, architects and engineers with the tools they need to develop life cycle cost reports that will be used by the department as it considers publicly owned or funded facilities. The guidelines mean analysis and reporting can be standardised to ensure a timely and accurate technical review of your facility or project. The Department of Sport and Recreation is committed to pursuing the most desirable project outcomes that reduce the cost to the sport and recreation industry and the broader community. Life cycle costing is a key asset management tool that takes into account the whole of life implications of planning, acquiring, operating, maintaining and disposing of an asset. The process is an evaluation method that considers all ownership and management costs.
PDF | Cost prediction is commonly used when making decisions during the product development process. Life Cycle Cost Model for Considering Fleet Utilization in Early This value, in contrast to technical availability, contains Consequently, this model is selected as a point of reference in this paper.
Fleet management is the process of organizing, tracking and maintaining a vehicle fleet, using a fleet management system FMS. Because fleet management is all-encompassing, it is difficult to define. A disconnect between fleet managers, owners, vendors, drivers, technicians, admins and other operations personnel can mean unexpected downtime and profit loss.
Total cost of ownership TCO is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product, in our case vehicles. TCO, when incorporated in any financial benefit analysis, provides a cost basis for determining the total economic value of an investment. A TCO analysis includes total cost of acquisition and operating costs as well costs related to replacement or upgrades at the end of the life cycle. The TCO defines the cost of owning a vehicle from the time of purchase by the owner, through its operation and maintenance to the time it leaves the possession of the owner. If organisations do not take all the costs related to owning a fleet of vehicles when calculating their fleet costs , it can lead to a series of challenges e. The formula to calculate the TCO of a vehicle is as follows:. These are the costs of purchasing the vehicle and putting it into service, including transport and accessories.
Establishing key performance indicators KPI derived from the fleet organization, vehicle assets, and vendors, permit effective fleet performance. This allows chief decision makers to observe trends as they evolve over time. Reducing the number of vehicles in any given fleet is the most proven way to reduce overall costs.
Organized around a life cycle approach, this chapter provides guidelines and best practices that complement the mandatory direction provided in the Policy on Management of Materiel and the Directive on Fleet Management: Light Duty Vehicles. In some cases, this chapter also details procedures to be followed stemming from the application of other Treasury Board directives. This format enables directors and managers to adhere to a common set of procedures and to ensure their decision-making and management practices are consistent with the full range of best practices and guidelines relevant to the management of light-duty vehicles. Flowing from the Policy on Management of Materiel, which provides policy direction on the management of all departmental assets, and the Directive on Fleet Management: Light Duty Vehicles, which provides direction related to the management of light-duty fleets, this chapter sets out guidelines and best practices for the management of light-duty vehicles. The content of this chapter and its associated directives and policy, should be read in conjunction with other policies and requirements that, although they have an impact on the management of light-duty vehicles, are outside the scope of this document. The reader is encouraged to review the references included in the Policy on Management of Materiel.