A key performance indicator (KPI) is a business practice used to evaluate factors that are crucial to the success of an organisation.

How are KPIs used in fleet management?

KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. The act of monitoring KPIs in real-time is known as business activity monitoring. KPIs are frequently used to "value" difficult to measure activities such as the benefits of leadership development, engagement, service, and satisfaction. KPIs are typically tied to an organisation's strategy.

The KPIs differ depending on the nature of the organisation and the organisation's strategy. They help an organisation to measure progress towards their organisational goals, especially toward difficult to quantify knowledge-based processes.

Effective use of data underpins lowest fleet cost

Fleet management requires significant data capture in order to ensure that the fleet is operating at the lowest cost and optimum efficiency. The Australian Construction & Municipal Engineering Industry benchmark KPIs for plant and vehicles operating within this sector underpin the Unifleet methodology.

Unifleet stores your fleet data and provides all the reports that you need for efficient fleet management.