Fleet Management
Quick definition
Fleet management is the oversight of a business’s vehicles, including their costs, maintenance, and use.
Full definition
Fleet management involves keeping a company’s vehicles available, maintained, and suited to the work they need to perform. It includes tasks such as scheduling repairs, tracking fuel costs, managing insurance, and deciding when to replace vehicles.
For example, a plumbing company might monitor mileage across its service vans to schedule oil changes and identify vehicles with rising repair costs.
Businesses may use fleet management software to organize vehicle records, monitor activity, and plan maintenance.
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