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Definition of Fleet management system

Fleet management system Definition from Business & Finance Dictionaries & Glossaries
BTS Transportation Expressions
The automated inventory and control system used by the Interagency Fleet Management System (IFMS) to track vehicle assignments, vehicle utilization, and provide direct input to the Finance Division to bill customer agencies for the use of IFMS vehicles. (GSA2)
By the Bureau of Transportation Statistics.
Fleet management system Definition from Encyclopedia Dictionaries & Glossaries
Wikipedia English - The Free Encyclopedia
The Fleet Management Systems Interface (FMS) is a standard interface to vehicle data of commercial vehicles. The six European manufacturers Daimler AG, MAN AG, Scania, Volvo (incl. Renault), DAF Trucks and IVECO have developed the so called FMS-Standard in 2002 to make manufacturer independent applications for telematics possible.

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Fleet management is the management of a company's transportation fleet. Fleet management includes commercial motor vehicles such as cars,ships, vans and trucks, as well as rail cars. Fleet (vehicle) management can include a range of functions, such as vehicle financing, vehicle maintenance, vehicle telematics (tracking and diagnostics), driver management, speed management, fuel management and health and safety management. Fleet Management is a function which allows companies which rely on transportation in business to remove or minimize the risks associated with vehicle investment, improving efficiency, productivity and reducing their overall transportation and staff costs, providing 100 ompliance with government legislation (duty of care) and many more. These functions can be dealt with by either an in-house fleet-management department or an outsourced fleet-management provider. According to market research from the independent analyst firm Berg Insight, the number of fleet management units deployed in commercial fleets in Europe will grow from 1.5 million units in 2009 to 4 million in 2014. Even though the overall penetration level is just a few percent, some segments such as road transport will attain adoption rates above 30 percent.

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