Table of Content
The Client
Novatex Limited is one of the major manufacturing companies that produce good-quality PET resins. Operating extensively, Novatex caters to a very diverse client base and serves as a significant player in the packaging industry. The company operates a large fleet supporting logistics and operations critical to its supply chain, providing timely delivery and efficient distribution. Novatex is well known for its commitment to quality and innovation, hence continually looking for ways to optimize its processes and improve operational efficiency, having understood that effective fleet management would be key to sustaining growth and maintaining competitive advantage.
The Challenge
Within its partnership with Falcon-i, Novatex faced several major issues with effective fleet management:
- Low Visibility and Control
The company lacked proper visibility into its fleet operations; hence, it could not track how all the vehicles were performing or enhanced logistics. This resulted in a lack of control that influenced ineffective decision-making.
- High Maintenance Expenses
Novatex continued incurring very high expenses since vehicle maintenance was performed based on reactivity. Breakdowns were more common due to the lack of a proactive maintenance schedule, which led to fleet operational downtime and increased expenses.
- Driver Performance Analysis
The problem was also that the company could not analyze the performance of individual drivers so they could be held accountable. Driver behavior could not be assessed, and hence, fleet operations and safety became inconsistent.
- Fuel theft and losses
The company’s loss was realized through fuel and waste theft when using monitored fuel, which inflated operational costs. The inefficiency, therefore, called for improved fuel management.
Such challenges called on Novatex to find ways to improve fleet operation, reduce costs and eventually increase efficiency.
The Solution
Falcon-i addressed these current issues by developing a complete solution for its Fleet Control, Fleet Care, and Fuel Sensor technology.
- Fleet Control
Novatex enjoyed its Fleet Control feature in Falcon-i, which allows for real-time monitoring of Novatex’s fleet operation. This increases the transparency of their vehicles in actual operations. Through it, the company monitored its routes. It tracked the performance of each of its vehicles for an easy decision that helped it maintain its level of operation in terms of efficiency.
- Fleet care
Falcon-i’s proactive maintenance schedule prevented Novatex vehicles from breaking down more than expected. This proactive maintenance kept the fleet in its best state and thus readily available to be utilized while minimizing time lost and cost.
- Fuel Sensor
Adding fuel sensors allowed Novatex to measure fuel consumption in real-time. This helped reduce the rate of theft and wastage of fuel, hence promoting efficient usage and profitability.
The Results
The benefits that Novatex Limited has accrued from the solutions offered by Falcon-i are significant.
- Increased Efficiency
Improved control and visibility into fleet operations helped Novatex drastically reduce fleet downtime. As a result, Novatex was able to preserve its logistics operation more efficiently and reliably.
- Cost savings
Implementing a proactive maintenance strategy decreased the overall maintenance cost. Optimizing fuel management further reduced fuel expenses. Such cost savings enhanced the total financial health and operational sustainability.
Novatex Limited has improved its operational capacity by using innovative fleet management solutions. This way, it retains the lead in the manufacturing industry and properly manages the challenges.
