Thanks to the global coronavirus pandemic, the past couple of years have brought about many challenges to various sectors. For the fleet industry, this meant finding new ways to elevate real-time, operation-wide communication and navigating less-than-reliable supply chains to ensure the consistency of asset mobility, among many others. As we cautiously enter the new year, we’ve collected some of the most anticipated for fleet management below for 2022. Make sure you read through it as these could potentially impact your operations.
1. Increase in buying
A significant problem that many fleets have faced in the last two years was the shortage in product availability. When the coronavirus had initially hit, most supply chains in nearly every sector had been compromised, leading to shortages and high prices. As a result, many were unable to secure the assets that they expected for the coming year. And it’s been forecasted that most businesses in the industry will try to catch up on the vehicle and part replacement in 2022, with the majority likely replacing the older models they had previously failed to do.
Beyond the increase in purchases, the way they buy is anticipated to change. As the pandemic remains a growing threat, fleet managers will probably opt for online sources when purchasing the desired assets, with vehicle dealerships profiting and straining from the immediate surge in business. And, much like every other expense, be it to buy business auto insurance or any other essentials, the internet will remain the preferred medium of making purchases.
2. Technological advancement
While cars that drive themselves might still be a long way off, most vehicles today depend on technology to elevate the experience of driving more than people realize. From the precision offered by today’s navigational applications to health and wellness features like air purification, 2022 is anticipated to be a year of many technological advancements. Therefore, it’s crucial to keep the new features in mind when replacing old vehicles or shop for new ones to add to your fleet.
You can easily find out about new advances in the world of fleet management, as there are countless platforms online as well as magazines and more that are dedicated to publishing news on the latest and greatest inventions that you need to be aware of. Stay up to date so that your fleet can stay up to date too. Failing to include technology in your future fleet plans could hold you and your team back more than you can ever imagine.
3. Higher maintenance expenses
Issues with chain supplies in the previous years had caused product prices to rise, which is expected to continue. When paired with the loss of work of workshops from the pandemic, maintenance expenses are anticipated to grow in 2022. Like the vast majority of businesses in the sector, there’s a good chance that most maintenance providers will try to make up for their losses. And with the addition of inflation, technician shortage, and an increase in demand, labor prices are likely to rise. This also means that fleet repair is going to become more expensive, so if a member of your fleet gets into any kind of accident or their vehicle needs repairs, you can expect to have to spend more to achieve an effective solution. A good car accident lawyer will be happy to tell you just how pricey vehicle repairs are in recent years, as the previously mentioned shortage of parts and mechanics is making for a real rollercoaster industry. For this reason, it’s recommended that all fleet managers prepare for the maintenance costs this year.
The key to improving the operations of a fleet is to stay on top of all the latest trends in the industry. After all, only with their knowledge can you properly prepare your business for what lies ahead. So make sure that you carefully consider the abovementioned trends as your enterprise enters 2022, as it will allow you to make the decisions that will best benefit your fleet.