benefits of a fuel management system

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Walden Associates Presented By: Christian Mostert Chief Operating Officer Walden Associat es Benefits of a Fuel Management System

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It's no secret that the use of fuel is a necessary component of running a business. Unfortunately, as gas prices increase, so do your expenses.Implementing a Fuel Management System can help you in monitoring your fuel consumption and the money you are spending on fuel!By viewing this webinar, you will have a clear understanding of Fuel Management Systems and awareness of how a Fuel Management System can benefit your company.

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Page 1: Benefits of a Fuel Management System

Walden Associates

Presented By:

Christian MostertChief Operating Officer

Walden Associates

Benefits of a Fuel Management System

Page 2: Benefits of a Fuel Management System

What is a Fuel Management System?

• Maintain, Monitor, Measure, & Control– Gather and store data; reports for management analysis.– More accurate cost analysis, tax accounting.

• Uses A Fuel Controller– Hands-free RFID data transmitter– Odometer/hour readings

• Can Be Used With Any Type Of Fuel– Liquid or gas; hydrogen, natural gas, propane.

Walden Associates

Page 3: Benefits of a Fuel Management System

When Should I Consider A Fuel Management System?

1. You suspect you are losing fuel through unaccounted-for fuel loss.

2. You are having trouble tracking fuel consumption for each vehicle.

3. You are using an honor system clipboard and pen to record fuel transactions.

4. You have a fuel management system that no longer works, has never worked, is easily circumvented, or lacks helpful reporting capabilities. ?

Walden Associates

Page 4: Benefits of a Fuel Management System

When Should I Consider A Fuel Management System?

5. You’ve had diesel pumped into a gasoline vehicle, or vice versa.

6. Month-end fuel reporting is too time consuming and frustrating.

7. Your drivers don’t tell you when their vehicles need tending to.

8. You hate the idea of wasting money, when there is an effective way of preventing it. ?

Walden Associates

Page 5: Benefits of a Fuel Management System

Who Should Consider AFuel Management System?

• Any organization that maintains their own fuel tanks & fleets– Fleet Operators and Fleet Management Companies– Regional Fleets– Fixed Based Operators at Airports– Police, Fire, or Emergency Vehicle Fleets– Government Fleets; executive cars, work trucks/vans, etc.

Walden Associates

Page 6: Benefits of a Fuel Management System

Where Can I Find A Fuel Management System?

• FuelMaster by Syn-Tech Systems1. Fuel management vendor for U.S. Military2. FMU’s are designed and built in the U.S.3. Customer support is second to none

• www.myfuelmaster.com

Walden Associates

Page 7: Benefits of a Fuel Management System

How Does a Fuel Management System Work?

• Two situations encountered when implementing a FMS:1. New Tank Systems2. Retrofit An Existing System

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Page 8: Benefits of a Fuel Management System

Walden Associates

Page 9: Benefits of a Fuel Management System

Top 5 Reasons to Buy A Fuel Management System

Walden Associates

1. More Control2. Better Fuel Economy3. More Security4. Better Accountability5. Better Fleet Maintenance

Page 10: Benefits of a Fuel Management System

Municipal Considerations

1. Do Your Homework!2. Meet With Your Comptroller & Municipality Chief Executive3. Hold a Discussion With All Department Heads4. Fund Project Through Capital Improvement Bond:

– Initial implementation won’t come out of your operating budget– Repayment of cost can be spread out over several years– FMS implementation can help sustain/improve bond rating

Walden Associates

Page 11: Benefits of a Fuel Management System

Christian MostertChief Operating Officer

Walden [email protected]

16 Spring Street Oyster Bay, NY 11771

516-624-7200

www.walden-associates.com

Questions?

Walden Associates