Route, Driver & Fleet Optimization
Knowledge is power, as they say…
There are many route and fleet optimization platforms that provide you with detailed access to a wide range of metrics that really can be considered not only valuable but essential data.
From assessing the best routes with real time traffic data, accurate fuel consumption data, vehicle efficiency, average speeds and driver behavior in terms of cornering and braking…there are many factors that can help save costs.
This data can be used to identify, understand and improve which vehicles and drivers are performing well within the fleet and where improvements can be made, as well as helping to quickly identify any underlying problems with specific vehicles which are impacting vehicle performance.
Eco Driving is not just for Sunday´s…
There is evidence to support that by reducing the average speed of a truck from 90km/h to 80km/h, it will consume approximately 10% less fuel, in turn reducing the litres consumed per 100km by up to 3 litres per 100km travelled, which based on normal driving hours could equate to a consumption reduction of up to 20 litres per day, 600 litres per month or 7200 litres per annum… you get the point, with current fuel prices that is a significant saving for any operator of any size.
By improving fuel efficiency through improved driver behavior, transport companies can quickly impact the operational costs of the fleet, and through improving how driver´s perform when on the road this can also lead to reduced maintenance costs and prolong the life cycle of not just the vehicle but also some components such as brakes and tyres.
Vrio´s in house route and fleet optimization system, aptly named Optimo is one of the most intuitive and easy to use systems on the market, everything from simple tracking through to a fully integrated solution, let Vrio assess your requirements to build a personalised solution around your business needs… let´s Take Control with Optimo.
When in Rome – Pay like a Roman
For transport operators who are based outside of the Euro zone, the cost of currency conversion can also erode margins, especially when traditional banks are involved who tend not to offer the most competitive exchange prices (that is being kind) between currencies.
As many companies are generating costs in Euros from providers and in the form of VAT and Tax recovery, it could be more beneficial to receive and pay your European operations in Euros also.
As most providers will be happy to accept payment in Euro´s and it is easy to open a Euro based bank account, transacting in euros for your Euro based payments and receipts can lead to a significant reduction in your currency exchange exposure over the year.
With the recent explosion of the Fintech sector, we have also seen many companies establish multi-currency platforms and digital wallets which makes it simple to move money around in a transparent and competitive way all with the touch of a few buttons.
Vrio´s flexible accounting and invoicing processes allow you to select if you want to pay in your own currency of the local currency where the services contracted have been used….and what is better, we don’t charge any commissions or surcharges for this service. Call your account manager today to discuss your needs.
Playing by the rules……. there are no shortcuts
It may be tempting to consider cutting corners to try and save a little here and there, but as we have all seen time and time again, compliance is king. With legislation tightening, and controls becoming more commonplace on European motorways, non-compliance is an expensive and dangerous game to play if you are caught.
The European government have made it clear with their new Mobility Package what the expectations are for drivers, their working and driving hours, salary conditions, tachograph details, returning vehicles to base, maintenance and upkeep of vehicles and equipment…. The list goes on, and on and on….
The essence of compliance is less about cost-saving and more about cost-prevention. Fines in Europe are big business for the authorities, where a single fine can run into several thousands of Euros for a transport operator, between the fine amount and the loss in productivity that can inevitably follow.
Vrio provide a range of services from minimum salary reporting, fine management and money forwarding to assist clients who require assistance with these services across Europe. Call us today for more information.