By Paul Fortin, LeasePlan USA, and Saskia Harreman, LeasePlan International
Benchmarking your fleet can give you a comprehensive view of your current practices by stacking up your performance data, financial results and other metrics against comparison data to identify areas of improvement or to validate existing practices.
Through benchmarking, fleet managers evaluate various aspects of their company car offering and fleet processes in relation to best practice companies, usually within a peer group defined for the purpose of comparison. This allows organizations to establish plans on how to make improvements or adapt specific best practices, usually with the aim of increasing some aspect of performance.
An efficient fleet strategy based on benchmarking will help develop a fleet that is fit for its purpose, and serve as guidance on how it should be managed.