How Budgeting and Money Management Can Improve Fleet Operations

I’ve been reflecting on how budgeting and money management principles could apply to fleet management, and I’d love to hear your thoughts. Fleet operations involve so many moving parts vehicle maintenance, fuel costs, driver expenses and I’m curious how others have used budgeting strategies to streamline these areas.

For example, has anyone found success with forecasting fuel costs based on historical data? Or maybe setting aside contingency funds for unexpected repairs? I’m especially interested in how cognitive science might tie into this like how behavioral nudges could encourage cost-saving habits among drivers or maintenance teams.

If you’ve experimented with budgeting techniques in your fleet, what’s worked (or hasn’t)? Would love to learn from your experiences!