Benefits of Fleet Management Data Integration

Abstract Huffman Trucking maintains extensive vehicle fleet maintenance logs, with data on vehicles, parts, tires, maintenance, warranty, costs and dates of service. Management wants to know whether it would be strategically advisable to integrate this information into their current data warehouse and how to leverage it. Investigation shows that there could be significant benefits in efficiency and cost reduction by this consolidation and the appropriate analysis techniques.
Regression analysis Is recommended for this data mining, to understand the relationships among Independent and dependent variables across large numbers of components and their associated data. Off the shelf software for this purpose was not evaluated, but white papers issued by these companies provided significant data about potential advantages to be gained. The study committee recommends that the data integration and mining be approved for implementation without delay. Benefits of Fleet Management Data Integration Huffman Trucking owns extensive fleet truck maintenance Information which is not eyeing fully utilized.
This data should be mined and analyzed to provide the business intelligence which the company needs to improve efficiencies and fleet performance. Managers need this Information about their operations to use in their decision- making. “All the records In the world won’t do a thing for you If you don’t analyze the data,” says Robert Johnson, fleet management liaison for the National Truck Equipment Association (.NET). Towpath. Governor. Com/Articulateness/optimizing. PDF Regression analysis is recommended for this data mining, to understand the legislations among independent and dependent variables across large amounts of data.

For example, the analysis could show the relationship of tire lifetime costs to the frequency of rotation, the vendor and the vehicle type. This same type of analysis could be used to determine the reliability and costs of any of thousands of parts, including the warranty coverage and costs. This could drive a change in vendors, how often the tires are rotated and the inspection of parts – ensuring that proactive maintenance Is provided only as often as needed and failures are minimized. Such analysis for a particular part could correlate the quantity on hand required to avoid out of stock issues with the cost savings of quantity purchases.
This could be used to in procurement and avoiding excess inventory. There are operational advantages to be gained by knowing the optimal maintenance intervals for vehicles and using that to reduce downtime and unscheduled repairs. Regression analysis against the fleet maintenance data should provide the organization a new means to objectively measure the effects of planned maintenance to engineer optimal maintenance plans Allen, 1997). Knowing Just how often a particular type of scheduled, or preventative, maintenance is required and ensuring its completion will maximize the useful life of the vehicles.
Corrective maintenance (repairs due to failure), scheduled maintenance and date of service records would be examined for their relationships to costs, usage and vendor. Sub-optimal maintenance schedules can also drive indirect costs in vehicle downtime and unavailability. In addition to scheduled maintenance, running costs (fuel consumption, engine oil consumption, tire costs, etc) are significant expenditures and good targets for full data analysis using control charts and regression techniques.
Such operational research techniques can manage the correlation of hundreds to thousands of pieces of equipment, groups, asset types, far more than less robust types of information reporting. The data can also be used to track warranty, failure rate and return information. Are warranties cost-justified for their coverage of failures? Are certain core parts specific to a vendor prone to failure? Are defective parts returns being handled properly? Too frequent scheduled inspections and maintenance increase labor costs. Poor scheduling can result in fleet support staff being over or under-utilized.
Due to the highly skilled personnel involved, there could be significant costs involved in not understanding the best use of their time. The vehicle fleet and its operational support is the major cost driver in this industry. Optimal management is critical. There has been much written on the different approaches to such data mining as described above. Much is available from the vendors of data management and analysis software, including some customized for fleet management. The company loud decide to use one of these packages or utilize in-house personnel to report against the new data in the expanded database. Oracle, Collective Data) The United States Navy Submarine Maintenance Engineering, Planning and Procurement (SUBSUME) completed a study in 1962 in which the majority of components analyzed by SUBSUME did not demonstrate an age and reliability relationship and consequently, many existing time directed component overhauls have been deleted from class maintenance plans, eliminating significant costs and downtime (Allen, 1997). Regression analysis against Huffman fleet maintenance data could discover NY relationships in scheduled maintenance and failure rates.
Because all data manipulation and analysis have limitations, the literature emphasizes that the construction of the database and the regression analysis reports should involve those who understand the data and the business it represents, to ensure that the results are derived and interpreted correctly. Used correctly, these powerful optimization algorithms can be invaluable. With the implementation of the database and its analysis, management must commit to full use of the results to gain the expected benefits. Conclusions and Future Study into the data warehouse.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyhomeworkGeeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business and administrative studies
excellent job! got an A, thank you
Customer 452773, May 24th, 2023
BUSINESS LAW
excellent job made a 93
Customer 452773, March 22nd, 2023
Business and administrative studies
Thanks
Customer 452773, March 3rd, 2023
Nursing
thank you so much
Customer 452749, June 10th, 2021
Human Resources Management (HRM)
excellent
Customer 452773, July 11th, 2023
English 101
IThank you
Customer 452631, April 6th, 2021
Business and administrative studies
excellent work
Customer 452773, March 9th, 2023
Management
Love this writer!!! Great work
Customer 452597, April 5th, 2021
ACC/543: Managerial Accounting & Legal Aspects Of Business
EXCELLENT JOB
Customer 452773, January 10th, 2024
English 101
great summery in terms of the time given. it lacks a bit of clarity but otherwise perfect.
Customer 452747, June 9th, 2021
Psychology
Thank you!
Customer 452545, February 6th, 2021
Philosophy
Thank you
Customer 452811, February 17th, 2024
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Close

Sometimes it is hard to do all the work on your own

Let us help you get a good grade on your paper. Get professional help and free up your time for more important courses. Let us handle your;

  • Dissertations and Thesis
  • Essays
  • All Assignments

  • Research papers
  • Terms Papers
  • Online Classes
Live ChatWhatsApp