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Case Study - Saving Costs in Fleet Management
An electric utility company was facing pressures to reduce costs of its large fleet of service vehicles. Norbridge was engaged to review the company's $23 million dollar vehicle budget and identify opportunities to improve efficiency while simultaneously reducing fleet costs.

Approach
Norbridge began by performing a comprehensive benchmarking study of nine similar utility fleets. The benchmarking study yielded approximately fifty best practices in multiple areas of fleet management including: repair and maintenance strategies, acquisition and replacement policies, vehicle and equipment specifications, assignment and utilization policies, reimbursement plans, and cost monitoring. Norbridge then performed a careful assessment of the client's expenditures and targeted areas for improvement based on industry benchmarks and compliance with best practices as compared to the client's specific needs.

Value Added
After implementing Norbridge's final recommendations, the client achieved a cumulative total savings of over $1 million without negatively impacting operation of the fleet.
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