start with having fuel delivered direct to equipment
After labour, fuel is the highest cost of doing business for companies in construction and transport. But few companies have a system for tracking it or a way of managing this significant cost.
This means that most companies cannot maximize their purchasing power or get the most from every fuel dollar. It's also part of the reason that fuel is so prone to theft, misuse and waste.
But having fuel delivered directly to your equipment changes all this. 4Refuel combines professional delivery with automated reporting to give you a secure fuel management system.
direct delivery saves 30 minutes per unit, per day
Every time your equipment leaves its route or travels off-site to get fuel, it's no longer working. You pay for labour and equipment hours spent getting fuel and earn no revenue. Industry data shows the total down-time for getting fuel averages 30 minutes per day, per unit for every day they need fuel.
This formula shows the cost of using your own labour to get fuel. Note: hourly rate often includes over-time and benefits and equipment wear.
lost labour = hourly rate x 30 min x number of units
direct delivery turns lost time into extra revenue
With fuel delivered directly to your equipment, all your units start the day with full tanks. And the 30 minutes normally lost to fuelling can be spent generating more revenue. A group of just 16 trucks gains one whole extra shift of equipment and labour time when fuel is delivered direct to equipment.
This formula shows the revenue forfeited when companies use their own labour to get fuel instead of generating business.
lost productivity = hourly revenue per unit x 30 min x number of units
The math makes it easy. Fuel management saves you money.
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