Safeguarding Your Fleet During Times of Uncertainty
From the impact of Brexit and the pandemic, to the conflict in Ukraine, supply chains have been severely disrupted over the past few years. The pain looks set to continue, with supply and demand issues driving record levels of inflation. The fleet sector has been awash with news recently about the challenges around vehicle supply and costs. In fact, supply chain issues are the number one concern facing fleet managers at the moment. With a potential recession on our hands, these problems look likely to remain for at least the coming months. Dawsongroup emc offers some insight and advice on how to safeguard your fleet in these difficult times.
What is Behind the Issues?
Firstly, Brexit has caused numerous import issues for the UK. From difficulty accessing parts to European lorry driver strikes, there have been significant delays impacting vehicle delivery over the past few years.
Add to this the complications caused by the pandemic, and the supply chain is suddenly very fragile, with severe vehicle shortages. The war in Ukraine has also exacerbated the situation, pushing up energy and material costs, and the price of steel is now astronomically high.
These complications meant that in 2021, the global auto industry made 1.5 to 5 million fewer vehicles than originally expected. Production may have slowed down significantly in the past few years, but demand certainly has not, leaving local authorities and businesses that rely on vehicles, under immense pressure.
What Can Fleet Managers Do About This?
Local authorities and businesses need a robust fleet to stay operational. Many are delivering vital services, like waste management and cleaning and hygiene services. Having access to RCVs and road sweepers is critical to the health and safety of our public. Other business sectors, like utilities and construction, also need machinery and vehicles to remain functional. So what can they do when there is a national shortage of fleet assets?
Follow our ideas below to keep your fleet operational.
1. Switch your asset management approach
Find out about the long term outlook here.
Contact Dawsongroup | emc to find out how we can keep you operational and on the road during these challenging times. For maximum flexibility with minimum risk, our Smarter Asset Strategy can provide your business with solutions you never knew you needed
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