The Fleet Beat is a monthly newsletter filled with helpful resources to improve your fleet operations and boost your growth as a fleet manager. This month, we covered everything from fleet electrification to parts inventory valuation.
Our Top Articles for February 2023
1. Improve the total cost analysis for your parts inventory
Last in, first out (LIFO) and first in, first out (FIFO) are two inventory valuation methods that provide better inventory cost tracking associated with fluctuating parts costs and allow fleets to appropriately assign those costs to work done on specific assets for improved true total cost of ownership data.
2. Reduce emissions without electrification
Over the past three years, the United States Environmental Protection Agency (EPA) has proposed new, stricter regulations to reduce greenhouse gas (GHG), smog, soot and other air pollutants associated with passenger and commercial vehicles. Fleets unable to invest in electric vehicles (EVs) can still work toward meeting these low- and zero-emissions regulatory goals.
3. What to include in your PM checklist
The need for preventive maintenance in fleet management should always be an assumption – but getting your checklist right can take a little work. Here’s what you should consider in your preventive maintenance checklist.
4. Tips for combatting fuel waste
While smart budgeting is a great way to stay ahead of fleet fuel costs and their impact on your bottom line, there will be times where fuel usage can fly under the radar and cause fuel budget overages. What should you do when that happens?
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