FLEET MANAGEMENT

Fleet Management Services

Streamline Your Fleet, Maximize Efficiency

TEAM Solutions Group’s Tech Fleet Management (TFM) is part of their overall Technology Asset Management (TAM) capabilities and involves the process of reducing, documenting, and controlling total costs.

TEAM’s fleet management includes the process of managing a company's purchased and/or leased technology assets effectively and efficiently. It can involve various activities, including equipment inspection, tracking, monitoring, service, support and acquiring and disposing of assets to maximize their value and reduce associated operating expenses.

Technology assets include a wide range of items from hardware to software, such as, printing equipment, computers, laptops, servers, routers switches, and more. Asset management involves overseeing these assets throughout their lifecycle, making informed decisions to optimize their performance and mitigate risks.

Key components included in our asset management program:

  1. Hardware Acquisition: Selecting the right equipment for the company's operations based on factors like purpose, capacity, efficiency, and cost.

  2. Equipment Maintenance: Implementing regular maintenance schedules and repairs to ensure the fleet's optimal performance, minimize downtime, and extend the equipment’s lifespan.

  3. Supply Management: Monitoring usage to reduce costs and promote efficiency. This may include recommendation for other more cost effective supply sources

  4. User Management: Managing user-related aspects, training, scheduling, performance evaluation, and ensuring compliance with regulations, safety protocols, and company policies.

  5. Compliance and Regulations: Ensuring adherence to legal requirements, such as licensing, inspections, and performance standards, to avoid penalties and maintain a safe and compliant fleet.

  6. Data Analysis and Reporting: Collecting and analyzing data related to fleet operations, such as supply use, maintenance costs, usage, and overall performance. This information is used to identify areas for improvement, make informed decisions, and generate performance reports.

  7. Fleet Replacement and Disposal: Planning for the replacement of aging or off lease assets, managing the sale or disposal of retired assets, and considering factors like depreciation and resale value.

  8. Safety and Risk Management: Implementing safety programs, driver training, and monitoring systems to minimize accidents, reduce liability risks, and ensure the well-being of drivers and other road users.

  9. Security Selection: Choosing specific assets or securities (stocks, bonds, etc.) to include in the portfolio, based on research, analysis, and market conditions.

  10. Risk Management: Monitoring and assessing risk exposure, employing risk mitigation techniques such as diversification, hedging, and asset allocation strategies.

  11. Performance Monitoring: Tracking the performance of the portfolio, evaluating return on your investment, and making adjustments as necessary.

  12. Client Communication: Communicating with clients to provide updates on technology performance and workflow recommendations, or new technology that can provide a more streamlined operation and lower costs.

Our Fleet management solutions employ specialized software and technology to streamline processes, provide real-time data insights, and automate certain tasks, resulting in improved efficiency and cost reduction.