White Paper
Managing The Road Ahead: Automating The Fleet Monitoring Process
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•White Paper: Managing The Road Ahead: Automating The Fleet Monitoring Process
Operating a fleet is a complex business activity that can significantly impact your bottom line, as well as your customers. If you maintain a fleet, whether it consists of cars, trucks, ships or planes, you know how improper management and oversight can drive up costs and slow down operations. However, fleet management has yet to become an area of focus for innovation, as most organizations tend to concentrate on optimizing more visible links in the supply chain. Improving the efficiency and effectiveness of the fleet management process may seem like an obvious way for an organization to enhance its bottom line, but it often takes a rigorous approach, along with a proven business impact or return, to convince management to take action on this front.
By challenging the way fleets have been managed and monitored traditionally, executives can identify opportunities to enhance their fleet management strategy and establish a program to continuously drive improvement. This strategy, supported by carefully structured business processes and enabled by technology, can offer near-term cost savings and increased service benefits. To assist organizations with improving their fleet management activities, Protiviti advocates creating a real-time, structured monitoring program that is focused on the company's unique risk areas.
Transportation organizations face an ever-changing array of risks, and mismanaging these risks can be costly. Avoiding risk is not always an option. For this reason, Creative Options, a Protiviti company, has created the COMPAS audit tool. This single tool can help management monitor risks in real time through audit programs and self-assessments. Using COMPAS to automate the audit process enables organizations to delve deeper into their data, identifying trends and issues more quickly and accurately. When approached rigorously, these audits contribute to the bottom line and add stakeholder value.
Click Here To Download:•White Paper: Managing The Road Ahead: Automating The Fleet Monitoring Process
