Atlas Copco has appointed Fleet Logistics to manage its European fleet with the aim of cutting operating costs by up to 10% and introducing complete transparency across its fleet operations.

Atlas Copco, which had revenues of around €6bn in 2009 and operates in 170 markets with more than 30,000 employees, operates a combined fleet of around 3,000 cars in Europe in a variety of countries.

Fleet Logistics will be introducing its Fleet Care fleet management solution, including multi-bidding which comprises the competitive tendering of each new vehicle to be added to the fleet from a panel of preferred leasing companies.

This has been proven to reduce acquisition costs by 10-15% and will be one of a series of initiatives which also include invoice management that Fleet Logistics is introducing.

The move to outsourced fleet management has been overseen by Atlas Copco’s Advanced Service and Administration Provider (ASAP), an internal service provider for business processes, including IT, HR, finance and purchasing.

Kim Kjaerulff, Acting ASAP Purchasing Manager, said the company was looking to evaluate ways of changing the running of its fleet across Europe with a view to reducing costs and increasing control and transparency.

“We are looking to achieve a coordinated and consistent approach to the running of our European fleet with Fleet Logistics,” he said. “This will include increased centralization and transparency of data.

“Once we have shown what we can achieve with the more efficient running of the fleet in France, and we have clearer indication of what is possible, we then hope to persuade other internal customers within Atlas Copco to adopt this new approach,” he said.

Peter Soliman, chief executive officer of Fleet Logistics, commented: “We are delighted to be working with Atlas Copco to help identify ways of reducing costs and increasing transparency on the European fleet, and look forward to a long and mutually rewarding business relationship.”