Glossary

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Asset Lifecycle Management (ALM)

Offers cost savings, safety, efficiency, data-driven decisions, and extended vehicle life for a maximized fleet value.

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Asset Management

Enables data-driven decisions on acquisition, maintenance, and disposal, maximizing return on investment (ROI).

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Availability

High fleet availability translates to maximized productivity, reduced costs, happy customers, efficient resource allocation.

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Benchmarking

Helps identify improvement areas, optimize performance, control costs, gain a competitive edge, and drive data-driven decisions.

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Big Data Analytics

Helps uncover insights to improve fuel efficiency, optimize routes, predict maintenance needs, and enhance operational decision-making.

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Brake System

An effective brake system ensures safe and precise control over your vehicle.

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CANbus (Controller Area Network bus)

Enables collection of real-time vehicle data for diagnostics, predictive maintenance, and compliance monitoring.

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Commercial Vehicle Inspection (CVI)

Mandated by law to maintain roadworthiness, reduce likelihood of accidents, and avoid costly fines.

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Compliance, Safety, Accountability (CSA)

Brings improved safety, reduced costs, enhanced image, and potential insurance discounts.

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Connected Vehicles

Empowers fleet managers with real-time data, maintenance, fuel efficiency, compliance, and potentially lower insurance costs.

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Corrective Maintenance

Benefits vehicles by restoring functionality, improving safety, extending lifespan, and reducing long-term costs.

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Cost Per Mile (CPM)

Tracking CPM allows for improved cost control, informed budgeting, performance benchmarking, route optimization, and competitive bidding.

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DOT Inspection

Required for commercial fleets, passing DOT inspections is crucial for maintaining operational licenses and avoiding fines.

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DVIR (Driver Vehicle Inspection Report)

Helps identify potential mechanical issues, supports maintenance scheduling, and is often required for regulatory compliance.

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Diagnostic Tools

Improve accuracy, speed diagnoses, enable early problem detection, and promote preventative maintenance.

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Diagnostic Trouble Codes (DTCs)

Act as an early warning system, improve maintenance efficiency, reduce downtime and repair costs

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Dispatching

Efficient dispatching maximizes resource utilization, improves customer service, and reduces fuel costs.

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Downtime

Vehicle or equipment downtime means lost productivity, wasted money, and potential delays.

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Duty of Care

Crucial for legal compliance, moral responsibility, risk reduction, improved driver performance, and a better brand reputation

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ELD (Electronic Logging Device)

Mandated by the DOT to enforce compliance with HOS rules, ELDs improve record-keeping accuracy and help prevent driver fatigue.

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Engine Control Unit (ECU)

Well-functioning ECUs lead to better fuel economy, reduced emissions, improved engine performance, and early detection of the issue.

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Engine Diagnostics

Prevent breakdowns, reduce maintenance costs, improve efficiency, extend lifespan, and enhance safety.

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Enterprise Fleet

Manage your enterprise fleets, reduce costs, improve efficiency, and prioritize driver safety.

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Enterprise Resource Planning (ERP)

Streamlines fleet management by reducing costs, boosting efficiency, mitigating risks, and optimizing resource allocation.

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Exhaust System

A healthy exhaust system cuts emissions, saves fuel, boosts power, extends vehicle life, and reduces noise pollution.

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Fleet

Fleet management optimizes costs, efficiency, safety, compliance, and data-driven decisions for a successful operation.

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Fleet Manager

Skilled fleet managers bring cost savings, safety, efficiency, extended vehicle life, and regulatory compliance.

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Fleet Utilization

Provides a baseline for understanding fleet performance and identifying areas for optimization.

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Fluid Levels

Proper fluid levels extends vehicle life, prevents breakdowns, improves safety and performance, and reduces repair costs.

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Geofencing

Used for monitoring fleet activity, enforcing geographic limits, security, and location-based automation.

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Green Fleet Management

Benefits the environment, optimizes your cost management, brand, legal standing, and fuel security.

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Hours-of-Service (HOS)

Compliance with HOS is vital for safety and to avoid penalties.

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Idle Time

To minimize idling, optimize routes, track vehicle activity, train drivers, and leverage technology and policies.

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Inspection Checklist

Promotes safety, reduce downtime, lower repair costs, improve fuel efficiency, and ensure regulatory compliance.

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Inspection, Maintenance, and Repair (IMR)

Cuts costs, improves safety, and extends vehicle life through proactive maintenance.

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Inventory Management

Minimizes downtime, costs, and stockouts while maximizing uptime and informing data-driven decisions.

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IoT (Internet of Things)

IoT devices enable real-time fleet telematics, remote diagnostics, and advanced data collection.

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Key Performance Indicator (KPI)

KPIs provide quantifiable metrics to track fleet performance, identify areas for improvement, and guide decision-making.

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Large Fleet

By implementing effective software solutions, ensure the smooth run, efficiency, and safety of your large fleet operations.

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Lifecycle Cost Analysis

Empowers fleet managers with data for informed vehicle selection, budgeting, planning, benchmarking, and decision-making.

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Maintenance Schedule

Cuts costs, extends lifespans, improves safety, and optimizes performance by preventing breakdowns.

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Maintenance, Repair, and Operations (MRO)

Helps keep your fleet running smoothly, safely, and affordably by preventing breakdowns and extending lifespans.

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Mobile Maintenance

Minimizes downtime, boosts productivity, saves costs, offers flexible scheduling, and improves driver satisfaction.

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Mobility-as-a-Service (MaaS)

Offers fleet optimization, cost reduction, employee flexibility, and environmental benefits by integrating various transportation options.

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OEM Parts

OEM parts offer guaranteed fit, quality, warranty, safety, and long-term value for your vehicle.

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Odometer

Ensure better maintenance, informed decisions, cost control, and regulatory compliance for fleets.

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Oil Change

Keeps your car running smoother, cleaner, and longer for less money.

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Outsourcing

Offers cost savings, improved efficiency, enhanced expertise, reduced risk, and scalability.

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PM (Preventive Maintenance)

Cuts costs, boosts safety, extends vehicle life, and keeps them running smoothly.

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Parts Inventory

A well-managed parts inventory minimizes downtime, repair costs, and inefficiency while optimizing costs.

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Predictive Maintenance

Helps minimize costly downtime, extends asset lifecycles, and improves overall fleet reliability.

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Reactive Maintenance

Leads to higher costs, downtime, safety risks, shorter vehicle life, and lower driver morale.

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Remarketing

Recovers costs, promotes sustainability, offers tax benefits, and optimizes fleets for efficiency.

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Residual Value

Helps in financial planning, fleet renewal, and resale due to its impact on depreciation, replacement timing, and revenue.

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Roadworthiness

It means safer roads, less downtime, legal compliance, potential cost savings, and a professional image.

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Route Optimization

Reduces fuel costs, improves on-time delivery rates, and maximizes driver productivity.

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Routine Maintenance

Reduces downtime, extends vehicle life, improves safety, enhances performance, and saves costs.

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SaaS (Software as a Service)

Many fleet management solutions are SaaS, offering scalability, easier updates, and lower upfront costs.

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Scheduled Downtime

Minimizes disruptions, improves safety, extends lifespans, enhances performance, and assures compliance.

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Service History

Empower you with informed maintenance, warranty claims, resale value, and regulatory compliance.

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Service Level Agreement (SLA)

Brings transparency, accountability, better service, cost control, communication, and measurable improvement.

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Supply Chain Management (SCM)

Effective fleet management strengthens SCM through on-time deliveries, reduced costs, optimized inventory, and happier customers.

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Suspension System

Better suspension means smoother rides, sharper handling, protected cargo, longer vehicle life, and improved safety.

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Telematics

The foundation of modern fleet management, telematics provides real-time insights for optimization, safety, and compliance.

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Tire Tread Depth

Ensures safer driving, shorter stopping distances, less hydroplaning, better fuel economy, and longer tire life.

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Total Cost of Ownership (TCO)

Understanding TCO is crucial for informed fleet budgeting, vehicle selection, and replacement decisions.

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Traction Control

Improves safety, driver confidence, uptime, and saves money on insurance.

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Usage-Based Insurance (UBI)

Can potentially reduce insurance costs for fleets with safe and efficient drivers.

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Utilization Rate

Optimized vehicle/equipment utilization maximizes output, minimizes costs, and extends asset life.

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V2X (Vehicle to Everything)

Holds potential for improved traffic flow, enhanced safety, and future autonomous vehicle applications within fleets.

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VIN (Vehicle Identification Number)

VINs are indispensable for fleet inventory management, maintenance history, and compliance.

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Vehicle Lifecycle Management

Fleet managers aim to optimize the vehicle lifecycle to maximize value and minimize long-term costs.

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Workforce Management

Brings lower turnover, safer driving, happier customers, and a more productive fleet.

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After the success of Simply Auto, a vehicle management app for consumers, we designed Simply Fleet, a fleet maintenance and management program for fleet businesses. Our aim with this app is to focus on giving our customers what they really need at a affordable price.