TOTAL COST OF MOBILITY IS QUICKLY BECOMING THE NEW STANDARD FOR MEASURING FLEET COST.
A change is taking place in the fleet sector – one that shifts the focus from car to driver. The result? Improved work-life balance and a wider range of travel solutions.
Businesses have looked to optimise their fleets through TCO for decades, whether it’s selecting more efficient vehicles, negotiating better lease rates, or enhancing the effects of taxation and regulation. But, with Total Cost of Mobility (TCM), the driver, or mobility user as they’re commonly referred to, has the ability to travel in a way that suits them best.
TCM doesn’t just include cars and their additional services, but takes into account the potential for carpooling, car sharing, taxis, usage of car parks, public transport and air travel. Fleets are no longer a collection of vehicles, but a group of users with ever-changing needs.
With this comes a completely different approach to management. Fleet managers are becoming mobility managers, and their role is becoming far more integrated. This means further understanding the needs of their employees, finding the best suppliers, and choosing the most useful mobility option from a growing range of services.
However, all this work pays off. The end result means companies get the best of both worlds: more satisfied and productive employees, plus greater control over travel costs.
Although relatively new, it’s certainly not too early to be considering the TCM approach. Car-sharing programmes and mobility cards are now offering employees seamless access to this growing world of mobility options. While the reduced costs that are on offer speak for themselves.
The bottom line: TCM is likely to be lower than TCO.
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