A key performance indicator (KPI) is a business practice used to evaluate factors that are crucial to the success of an organisation.

How are KPIs used in fleet management?

KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. The act of monitoring KPIs in real-time is known as business activity monitoring. KPIs are frequently used to "value" difficult to measure activities such as the benefits of leadership development, engagement, service and satisfaction. KPIs are typically tied to an organisation's strategy.

The KPIs in plant and vehicle management are the same irrespective of the industry and these are explained in detail in the Institute of Public Works Engineering Australia’s best practice plant and vehicle management manual. The KPIs provide the methodology for best practice plant and vehicle management.

Effective use of data underpins lowest fleet cost

Fleet management requires significant data capture in order to ensure that the fleet is operating at the lowest cost and optimum efficiency.

Unifleet stores your fleet data and provides all the reports that you need for efficient fleet management.