Today, many companies are involved in Corporate Social Responsibility efforts to take responsibility for the social and environmental impacts of their daily operations. For example, Dell initiated a 2020 Legacy of Good Plan that addresses community challenges by using their technical expertise where it can have an impact for people and the planet. Specifically, they are partnering with Camera Education to help train teachers in Ethiopia on how to provide computer knowledge to their classroom.
This example of a global initiative is great, but seldom in life can a company provide a product or service that contributes to all of humanity. I feel fortunate to be associated with a company that does exactly that, and on this Earth Day I would like to express my appreciation for the forward-thinkers who recognize that the changes they are making not only save their companies money, but to also acknowledge them for doing the right thing for society and the planet.
Finance and Operations Not On The Same Page Regarding Focus Of Fleet Cost Management and Procurement
Where Is the Lack of Communication?
The online survey shows private fleet management personnel highlighting several obstacles when trying to communicate fleet operational needs with finance departments. Signifying this lack of communication, 37.5% of fleet executives cited the inability of their finance departments to clearly communicate the company’s financial metrics and goals to the operations department as the largest communications struggle. An additional 34.4% said finance doesn't understand the benefit of investing in newer equipment; and 31.3% said finance doesn't understand various operating costs associated with the fleet.
Fleet Advantage was founded in 2008 on a number of principles formulated around information technology. It was also founded upon the necessity to help organizations improve their tractor fleets’ productivity and to reduce operating costs by improving their fuel efficiency from 6.0 MPG to 10.0 MPG. One of the cornerstones was the Greenhouse Gas Mandate that took effect in 2011 with its requirement to reduce CO2 emissions, which can only be accomplished by improving fuel economy/MPG. The technology and supporting data analytics have arrived, and we are now seeing the results we knew were there - tracking a goal of 10.0 MPG.
A recent success program called “Run on Less”, organized by the Carbon War Room and the North American Council for Freight Efficiency, proved that 10 MPG is possible using technology that are available on the market today. The results exceeded the original 9 MPG goal set by CWR and NACFE.