$1.6 trillion, was the total logistical costs incurred by U.S. companies in the year 2018.
The cost translates to about 8% of the Gross Domestic Product. Most companies in the United States are willing to invest as much as 10% of their sales on logistical management to ensure flawless business operations.
The growing focus on logistical management confirms the fact that logistics is the line between order and disorder. Fleet management is among the areas that have the potential of bringing sanity or insanity in a business. Without a proper vehicle fleet management approach, you may end up dealing with some nasty logistical mishaps.…
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