No matter how many plants a ready-mix company owns, each one has several types of vehicles constantly moving in, and out, and throughout the yard. Whether it's a tractor-trailer bringing dry bulk cement into the plant, front-end loaders transferring ingredients onto the conveyor belt, ready-mix concrete trucks delivering the finished products to a site, or pickups running errands from site to site – each ready-mix company spends a significant amount of money on fuel.
If you break down the fuel costs to operate these vehicles, company owners can quickly see why the proper fuel management system can help make a significant impact on the bottom-line. Beyond the simple fuel cost of operating the fleet, one must also consider the amount of money lost due to fuel theft, inaccurate record-keeping or the inability to allocate the correct fuel cost amount to a given job. With diesel and gasoline prices both hovering around $4 per gallon, the ability for companies to properly manage their fuel is quickly becoming a top management priority.
The Fuel Management System Solution
With this in mind, a fuel management system offers a viable and effective solution for managing high-value fuel assets. The benefits of a fuel management system are numerous, including the accurate tracking of fuel, eliminating the need for manual (and error prone) record keeping, improving fuel tracking for tax purposes, allocating fuel expenses for job-costing, eliminating fuel theft, improving driver accountability, among others.
For more details on the benefits of fuel management systems, check out the fuel management systems from OPW.
Does your ready-mix company utilize a fuel management system?
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