Holman saves fleets £100m on SMR in 2023

Holman estimates that it delivered £100 million in service, maintenance and repair (SMR) savings to its customers across their combined fleet operations in the past year.

The SMR savings have been generated thanks to its ‘portfolio management’ approach, which it says enables it to predict potential problems before they occur.

Coupled with its ‘drive-buy-service-sell’ model, Holman says it provides its customers with the opportunity to maximise value at every stage of the fleet lifecycle.

Jo Ewen, Holman’s director of client relations, said: “Our approach to fleet management is truly transformational, generating results far exceeding typical market expectation.

“Even during an inflationary economy, we’ve returned significant savings to our customers in 2023, totalling £100m.”

She explained: “With portfolio management, we can identify and anticipate any anomalies or unexpected issues our customers haven’t accounted for in the maintenance plan and lifecycle for each vehicle.

“In turn, this informs the future for that specific vehicle in terms of how long it spends on fleet.  

“It means we can provide a unique value proposition when customers need to amend their lease contracts, as by thoroughly evaluating the asset, we can reset the residual value of the vehicle based on the current market.”

Holman’s approach begins with a collaborative strategic account plan, which is continuously reviewed and refined throughout the year to ensure it remains aligned with its customer’s evolving needs.

By analysing real-time data to identify every cost incurred by each vehicle, it says it provides visibility for customers to make strategic decisions about every vehicle on fleet.

It provides this in the form of a value statement, that shows insights into their savings across leasing, maintenance, and management, in pound terms.

“We are able to provide an unparalleled level of insight into the operation of your fleet,” said Ewen.

“Portfolio management ensures our customer’s fleet are operating at the maximum efficiency, and crucially, how they want it to operate, not us.”