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Calculating the Fuel Markup

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Presentation on theme: "Calculating the Fuel Markup"— Presentation transcript:

1 Calculating the Fuel Markup
$168,000 / 1,2000,000 = $0.14 It is important that the markup you calculated supports all Fuel Program operations.

2 Purchasing a new Fuel MIS
You have requested $200,000for a new Fuel Management Program IT, Finance, & mgmt. chuckles Interfund loan of $200,000 $240,000 / 1,2000,000 = $0.20 $72,000 generated each year Pay off the loan in three years

3 Dave Seavey, CAFM daveseavey@publicfleetsummits.com 360.556.3708
How GPS and Telematics will Improve Your Operation Dave Seavey, CAFM

4 New pressures expected from us
Cradle to Grave

5 Data leads to informed decisions

6 Data – driven decisions

7 Many reasons to consider telematics
Efficiency Solutions Safety / Risk Solutions fuel savings – idle time drive time – miles, hours route optimization vehicle location compliance – geo fence risk reduction – speeding, acceleration, safety belts, hard braking Productivity Solutions utilization automated reporting Maintenance Solutions PM scheduling code alerts

8 City of Seattle CNG Station
second - hand plant ten-years old installation costs 27 passenger cars decentralized cars low CNG output/utilization costs to maintain plant out-of-control

9 City of Seattle FMIS Install
implemented new FMIS in 2002 no business plan – Why? no communication plan no understanding or buy-in recipes for disaster re-implement in 2010

10 Avoid failure – develop a strategic plan
develop your business reasons – be clear! BCA develop policies – idle, proper use, driver safety policies must be communicated and enforceable training versus discipline garner buy-in with unions, HR, departments pilot the program – go small – be successful communicate progress and results

11 Understand the true costs
initial cost for devices installation costs service costs mobile fees changing devices yearly recurring costs training

12 What will you do with the data?
Follow the BCA resist the temptation to use it for other purposes if you do, follow the process we discussed

13 Thank You! Dave Seavey


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