Lex Autolease has saved customers more than £1.5m through ‘Fleet Benchmarking’ since launching the service in February this year.

Customers who run 500 vehicles or more can draw on data from Lex Autolease’s fleet of almost 390,000 vehicles across the UK to identify cost and operational efficiencies, enhance driver benefits and improve their duty of care focus.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Fleets can be anonymously benchmarked against others in the same sector or against a business of a similar size to view like-for-like comparisons across all measurables, ensure short-term competitiveness and lay the groundwork for long-term fleet improvements.

Andy Barrell, head of business development at Lex Autolease, said: “Companies are keen to understand how their fleets are performing from operational, risk and cost perspectives but until recently, all they’ve had to go on is their own data from previous years.  Now, fleets can benchmark their performance against our entire corporate customer base, drawing on competitor insights and industry best practice to drive policy change and development.

“For example, the fleet manager at a mid-sized utilities firm can benchmark their own fleet against other utilities providers, similar-sized companies in other sectors or fleets identified by us as best practice examples.  These comparisons can highlight important areas to develop and provide a yardstick for measuring fleet improvements.”

Case studies from the benchmarking programme include lowering emissions, amending mileage rates and restricting engine capacity to save £1.4m for a major retailer, Iiprovements to the management of accidents, motor offences and driver recharge to save £820,000 for a healthcare provider, and simplifying the choice list, introducing electric vans and improving the management of end-of-contract damage charges to save £89,000 for a transport contractor.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Barrell continued: “The global automotive industry is going through a transformative period and fleets are under increasing pressure to cut costs and reduce emissions.  Adding an extra layer of insight to the decision-making process is proving invaluable, especially for customers trying to establish whether to start the transition towards alternative fuels.

“Looking ahead to another year of technological and legislative change, data will continue to underpin the work that we do in making sure our customers’ fleets are not only fit for purpose, but fit for the future.”

Last month Chris Chandler, Lex Autolease associate director, spoke to Leasing Life about the need for fleet providers to consider the mass implementation of electric and low emission vehicles into their fleets.