Supply chain management is often categorised under logistics. But, fuel actually makes up a large part of supply chain management, and fleet owners and fleet controllers need to make sure that they have a fault-free system to track it efficiently.
The demand for fuel management of fleets
Fuel tracking or Fuel management is a necessary component of supply chain management. The way logistic companies monitor their fuel is central to cost-saving, especially in major fleets.
From fuel usage miscalculations, fuel theft by drivers or diesel thieves, poor driving skills to fraud, fuel can be lost in a variety of ways.
Supply chains naturally use large amounts of fuel throughout the fleet and keeping control on the fuel being dispensed can be a taxing job on its own. This particularly affects those in the mining sector, farming sector and even longhaul fleets itself since many operations include large fleets with fuel levels ranging from full to almost empty all over the workplace.
Fuel – A key component of supply chain management
Typically, we view supply chain management as logistics. It is the management of goods and services throughout the movement of raw materials or finished goods. Fuel Management is a key component of how we should be managing our supply chains.
By tracking, monitoring, and analysing our fuel and usage of the fuel, we can ensure that we have full visibility over our fuel usage and optimise costs wherever possible. Many companies simply lack the ability to view fuel usage over their entire fleets. This is why it’s important now, more than ever, to implement fuel tracking platforms such as Digit Fleet and Fuel monitoing.