Essential fuel advice for growing businesses
Managing fuel costs is one of the biggest challenges for any business growing its fleet. With fluctuating prices and Australia’s vast distances, efficiency is vital to keeping expenses under control. Starting with the right strategies can help your fleet management stay cost-effective and sustainable. Here are some practical tips to maximise fuel efficiency and reduce […]
Managing fuel costs is one of the biggest challenges for any business growing its fleet. With fluctuating prices and Australia’s vast distances, efficiency is vital to keeping expenses under control. Starting with the right strategies can help your fleet management stay cost-effective and sustainable.
Here are some practical tips to maximise fuel efficiency and reduce operating costs without cutting corners.
The three M’s of fuel management
Effective fuel management can be broken down into three essential pillars -Minimising, Maintaining, and Monitoring.
1. Minimising fuel use
One of the simplest ways to reduce fuel expenses is developing fuel-efficient habits across your business. For instance, training drivers on eco-friendly driving techniques can substantially lower consumption. Small changes, such as avoiding rapid acceleration or idling too long, can make a considerable difference. Opting for fuel-efficient cars or light commercial vehicles is another crucial step.
Route optimisation is equally important. While FleetCard provides tools for tracking fuel purchases and managing expenses, businesses may also consider integrating satellite navigation or fleet tracking tools to reduce unnecessary detours and traffic-related delays. Adopting a comprehensive approach to route planning can help your business achieve smoother journeys and save money at the pump.
2. Maintaining your vehicle
A well-maintained fleet is crucial to improving fuel efficiency. Simple maintenance checks can help avoid costly leaks or breakdowns while keeping your vehicles running smoothly. Here are the top areas to focus on:
- Tyre pressure: Correctly inflated tyres reduce drag, improving fuel economy. Under-inflated tyres increase resistance and consume more fuel.
- Oil and fuel levels: Check for leaks or loose caps that can lead to wastage. Regularly topping up oil also ensures your vehicles run at optimal efficiency.
- Engine performance and exhausts: Dark smoke or unusual smells from the exhaust are often signs of engine inefficiency or serious mechanical problems. Tackling these early can prevent greater costs down the road.
By staying on top of regular servicing schedules, you’re not only boosting fuel efficiency but also preventing unexpected downtime that could impact operations.
3. Monitoring usage
Clear oversight of fuel spending is critical for managing costs. With tools and processes in place to monitor fuel use, businesses can identify trends, spot areas of wastage, and maintain accurate records for tax purposes.
A streamlined way to manage this is by using a fuel card, such as FleetCard. These solutions allow businesses to track expenses centrally, set limits, and identify areas where savings can be made. For example, analysing usage data could reveal opportunities to consolidate trips or highlight a vehicle needing maintenance for lower efficiency. FleetCard also offers access to over 90% of fuel stations across Australia, giving you flexibility without straying from your budget.
Managing fuel costs doesn’t have to be daunting. By adopting eco-friendly driving habits, staying on top of vehicle maintenance, and using fuel cards such as FleetCard, your business can save money while boosting efficiency. Australia’s vast and varied road conditions may pose unique challenges, but with thoughtful planning, smart decisions, and the right tools, you can keep your fleet running smoothly. Take the first step today and set your business on the path to growth with cost-effective, sustainable fleet management strategies.