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Fuel cost
One of the largest expenses for any company that operates vehicles and heavy equipment is fuel. Because fuel prices have been — and remain — volatile, organizations are looking harder at efficiency. They have begun to lean on proactive maintenance, operator training and the way they purchase fuel to help control fuel costs.There is also a focus on fuel management — purchasing the right amount of fuel at the right price and determining the most cost-effective means of supplying vehicles and equipment.It may seem that the more fuel an organization consumes, bulk fueling would be the logical choice over retail fueling,
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Cash management
Next ›› Key Principles for Good Cash Flow Management

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